Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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117 results
for "Carolina Banker"
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30444
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Credit Unions compete with banks in communities across North Carolina, and there is no practical limitation on who a credit union can serve. The tax-exempt status puts credit unions at a competitive advantage relative to other taxpaying financial institutions providing identical services. This article discusses how credit unions have evolved and affected economic behavior in North Carolina.
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Record #:
30445
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The North Carolina Bankers Association presented Governor Pat McCrory with a resolution supporting the North Carolina Common Core State Standards. The resolution called for continued implementation of these rigorous goals and aligned assessments to ensure students are prepared for success in college and career. This article discusses the standards in relation to statistics on test scores, graduation rates and employment.
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30448
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Patent trolls or patent assertion entities buy an arsenal of patents and generate income by asserting infringement of their intellectual property. Banks and businesses in North Carolina have been responding to these patent trolls and defending patent rights. North Carolina Attorney General Roy Cooper expressed support for the Federal Trade Commission’s proposed nationwide investigation of patent trolls.
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30449
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During the early twenty-first century, North Carolina bankers and businesses recognized the decline in financial literacy and identified the deficiencies in financial education. The North Carolina Bankers Association is addressing this issue by creating the North Carolina Center for Financial Literacy. They aim to advance financial education in public schools.
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30450
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The falling labor participation rate in North Carolina is making it harder for the economy to experience strong economic growth. Further, the number of banks continues to drop, and merger activity is expected to increase over the next couple years in the state. This article discusses employment and economic trends, and new regulations for financial institutions.
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30451
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Durham Hillside is the first high school in North Carolina to open a school bank training center. The student-run center offers mentor opportunities and help with financial literacy, money management skills, and career training.
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30452
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North Carolina’s military bases support the economy, provide thousands of jobs, and support many other industries. As the state’s second largest industry, continued budget cuts and reductions to the military force could threaten military installations and economies.
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30453
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North Carolina is ranked thirty-seventh in the nation in financial literacy. The North Carolina Center for Financial Literacy is working with a statewide network of financial education advocates to change the way we think, talk and teach money. Their first priority is ensuring positive financial habits are taught early in North Carolina public schools.
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30454
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Three hundred North Carolina lenders, including dozens of community banks, are key players in an effort that has helped unemployed North Carolina homeowners save their homes from foreclosure. The North Carolina Foreclosure Prevention Fund makes mortgage payments for qualified homeowners who have lost their jobs or experienced temporary hardships.
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Record #:
30474
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The interplay between interest deductions and the calculation of net operating losses presents a particular problem in some states. North Carolina banks operating in Maryland may not be getting the full benefit of the deduction for interest on federal obligations to which they are entitled. This article provides an example of how a state’s interpretation of its tax laws can adversely affect a North Carolina bank.
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Record #:
30475
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In January 2010, an imaginative, play-based financial literacy exhibit called Moneypalooza opened for a five-year run at Marbles Kids Museum in downtown Raleigh. In Moneypalooza, young children practice earning money and making smart choices about how to spend, save and share it through engaging exhibits and games. Funded by the North Carolina Bankers Association, new activities will reflect modern customer engagement with today’s banks.
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30476
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Economic growth in the United States increased in the beginning of 2014, but has been declining since June. In North Carolina, the employment rate is still not back to the level before the recession, and bank profitability has stalled. These trends are driven by struggles in consumer income, salaries and wages.
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Record #:
30477
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Banks and businesses in North Carolina are using social media to obtain feedback and market intelligence, recruit and engage employees, and enhance shareholder relationships. This article discusses state and federal regulations for social media compliance, risk management, and consumer protection.
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Record #:
30478
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North Carolina has a new strategic plan for more efficient, disciplined and effective economic activity. The plan was developed to attract and retain employers offering twenty-first century jobs and opportunities to its citizens through practical and realistic initiatives. One major aspect of the plan is the North Carolina Partnership for Prosperity.
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Record #:
30481
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The United States Department of Justice launched Operation Choke Point in 2013 to investigate banks and payment processors for consumer fraud. North Carolina member banks, who have reported banking relationships with pawn shops, firearm dealers and cigar shop accounts, have been specifically scrutinized by the federal financial regulators.
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