Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Carolina Banker Vol. 93 Issue 3, Fall 2014
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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.
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.
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.
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.
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.