N.C. Credit Unions Ease Small Business Lending Cap

Apr 14, 2012 Comments Off

Small-business lending is not a large part of the credit union industry, which has focused on consumer services like debit cards and car loans.  Collectively, credit unions hold about $40 billion in business loans – less than 6 percent of all small-business loans, according to the Credit Union National Association.  But the total is growing. [...]

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Federal land purchases will expand parks in North Carolina

Apr 14, 2012 Comments Off

The U.S. Forest Service announced this week it will spend $40.6 million to buy and restore land in 15 states, including North Carolina.  North Carolina will get $1 million: North Carolina Threatened Treasures, National Forests in North Carolina: Nationally, land managed by the National Forests in North Carolina rank second in recreation visits but are [...]

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NC ‘Hunger Games’ mill for sale

Apr 13, 2012 Comments Off

An abandoned mill town in Burke County that was used to film scenes from “The Hunger Games” is for sale for $1.4 million.  The Guardian reported that Wade Shepherd, 83, of Transylvania County, is selling Henry River Mill Village after all the visitors the ghost town has attracted.  The location covers 72 acres and was [...]

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Bank of N.C. to complete KeySource acquisition in Q2

Apr 13, 2012 Comments Off

High Point-based Bank of North Carolina (NASDAQ: BNCN) says it expects to wrap up its acquisition of Durham-basedKeySource Commercial Bank in the second quarter.  BNC, with nearly $2.5 billion in total assets, announced the $12 million stock deal in December, explaining it wanted a bigger presence in the Triangle. And in its recent annual report filed with [...]

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