NC Bankers see ‘soft landing’ coming in 2024
With each passing month the chance of a recession diminishes, while the chance of a “soft-landing” increases.
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NC Bankers Association
20th annual NC Economic Forecast Forum set for Friday in RTP
The NC Chamber and the North Carolina Bankers Association proudly present the 20th Annual Economic Forecast Forum, a gathering of our state’s most influential leaders, to discuss how we can continue to lead in job retention, job creation, and quality of life. It’s already a sellout.
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Better economic news coming, Richmond Fed CEO tells NC Bankers conference
Richmond Fed President and CEO Tom Barkin provided North Carolina business leaders with some pretty positive news about the economy as the battle with COVID-19 continues.
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In search of pandemic relief? Breaking down the new Payroll Protection Plan
Billions from the federal governmen in new funding is available for businesses and other organizations through new COVID-19 relief legislation signed into law over the weekend by President Trump. But there are many changes from the CARES Act package passed earlier in the year, epecially in the Payroll Protection Plan. Here’s an overview with links to two in-depth assessments of the new plan.
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What’s in new Paycheck Protection Program, Small Business Relief – NC Bankers CEO breaks it down
The new pandemic relief package signed into law by President Trump on Sunday night includes a new round of Payroll Protection Plan funding – $284 billion – and other help for small businesses. But there are significant changes from the PPP plan launched earlier this year. Here’s an assessment of the new plan as provided by the CEO of the North Carolina Bankers Association.
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Banks, small businesses gear up for launch of $330B in new COVID-19 loans
Small businesses – from startups to established firms with fewer than 500 employees – are lining up for the launch of the new Paycheck Protection Program funding that becomes available at 10:30 a.m. toda
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NC banks gear up for more small biz loans – but $341B likely already committed
North Carolina’s banks and others around the country are gearing up for another expected onslaught of COVID-19 relief loans once new funding is approved by Congress.
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NC Banks CEO has questions about new deal that includes $310B for small businesses
As leaders in the US Senate moved Tuesday toward agreement of another $310 billion for small business loans, the head of the NC Bankers Association likes some of what he’s reading but still has questions about the deal.
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Head of NC Bankers calls for quick boost COVID-19 loans as $349B fund runs out
Congress and the Trump Administration should act quickly to add a fresh infusion of cash into the COVID-19 disaster loan program for small businesses known as Paycheck Protection Plan after the initial $349 billion ran out on Thursday.
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