Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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for Carolina Banker Vol. 93 Issue 4, Winter 2014
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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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30482
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A new documentary film entitled, Making Bank, covers North Carolina’s rich banking history and economies, and how the state became a leader in the financial services industry. The film features visionary government and business leaders, and examines the current state of the commercial banking industry.
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30483
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Morris Plan Banks played a significant role in North Carolina’s banking industry, as well as the United States economy throughout much of the twentieth-century. Although Morris Plan Bank disappeared via a merger in 2002, the bank’s founder, Arthur Morris, left a legacy in banking and consumer credit. This article profiles Morris and how he invested money to develop commercial banks and credit life insurance plans.
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30484
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The rural town of Robbins in Moore County, North Carolina was once the home to a modern poultry processing plant, textile mills, and manufacturing industries. Over the years, Robbins began to suffer due to the loss of its manufacturing base and jobs. In 2006, a community chicken dinner led to business plans to revitalize Robbins, which ultimately succeeded in bringing back jobs and growing the local economy.
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30485
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Community Bank Services (CBS) has been in business since 1980, looking for business partnerships that can help benefit North Carolina’s banks and economy. The partnership between CBS and Plexus Capital led to the development of a more efficient model for business operations and capital.
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30486
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The North Carolina Home Advantage Mortgage, introduced by the North Carolina Housing Finance Agency in 2013, has unique features that help home buyers overcome a lack of funds for the down payment. The program offers forgivable down payment assistance, low mortgage insurance rates, and simple approval requirements.
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30487
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North Carolina’s largest health insurer, Blue Cross and Blue Shield of North Carolina, announced premium increases for next year. This applies to residents who buy health insurance on the individual market. Several factors contribute to the 2015 rate increases, including Affordable Care Act changes and the underlying growth in healthcare costs.
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