North Carolina Bankers Association

Happy Thanksgiving from your friends here at the NCBA! Before you reach for that turkey, be sure to catch up with the latest banking news in the NCBankers Bulletin (https://lnkd.in/g49FEUwn) for these stories and more: ? #BrokeredDesposits: The NCBA, alongside banking associations nationwide, has submitted a comment letter urging the FDIC to withdraw its proposed brokered deposits rule. The letter argues the proposal fails to meet legal requirements and raises significant public policy concerns. ? #NCPolitics: Governor Roy Cooper vetoed S 382, the "Disaster Recovery Act of 2024 – Part III," calling it unconstitutional and a political maneuver. Lawmakers could begin a veto override vote as early as Monday, with plans to conclude the legislative session by December 13. ? #RegulatoryUpdate: Federal banking regulators indicated that major rulemakings will be delayed until 2025 under new leadership. FDIC Chairman Martin Gruenberg confirmed no significant actions are planned for the remainder of the current administration.

The beginning of the holiday season signals the end of the fall semester at NC colleges and universities, and it was a busy one for the NCBA’s Future Bank Leaders Program! From September to November, NCBA SVP John Sullivan, accompanied by bank executives, met more than 400 students while visiting seven career fairs across the state: University of North Carolina at Pembroke with Lumbee Guaranty Bank CEO Kyle Chavis; Appalachian State University with First Horizon Bank President Jason Triplett; North Carolina Agricultural and Technical State University, with Southern First Bank SVP Irene Kyere, MBA Finance; Johnson C. Smith University - JCSU with TD Bank VP & Senior Commercial Relationship Manager Sheldon Osborne; Shaw University with M&F Bank NC SVP Soberina Traywick;?Campbell University with First National Bank SVP Christopher Edwards; and Livingstone.

Mark your calendars for the 2025?CBS Benefits Day & HR Workshop on March 25-26, 2025! This annual tradition is a prime opportunity to learn more about the options available to your employees through our association and focus on human resources management with your peers. Stay tuned for more details as we approach the new year!

Empower your frontline team with the tools to thrive! The Frontline Branch Series is tailored for non-managerial branch professionals, equipping them to grow your branch and better serve clients—whether they visit in person or engage remotely. ? Packed with discussions, small-group breakouts, and interactive activities, the Frontline Branch Series fosters peer-to-peer learning while building skills to engage clients and recommend the right products to help them achieve their financial dreams. ? Don't miss out! Register today -> https://lnkd.in/gamRmRg9

What's the latest? Read the #NCBankersBulletin (https://lnkd.in/g49FEUwn) for these stories and more: ? #HeleneRelief: The General Assembly has updated S 382, allocating $227 million to the Helene Fund from the state’s savings reserve. The bill includes regulatory provisions for reconstruction and permit extensions but does not disburse funds yet. Media coverage has focused on sections dealing with powers of the Governor and the Attorney General. ? #NCPolitics2025: North Carolina House Republicans have chosen Destin Hall as the next Speaker of the House, effective January. Hall succeeds Tim Moore, who was elected to the U.S. House. John Bell will take over as House Rules Committee Chair. ? #FDICUpdate: FDIC Chairman Martin Gruenberg has announced his retirement, effective January 19. New leadership is expected to be named by President-elect Donald Trump.

This afternoon, NCBA staff rolled up their sleeves to help load supplies destined for families in need in Western North Carolina. It’s a privilege to stand with the communities we’re so proud to serve. Looking for ways to give back? We are still seeking donations for our Hurricane Helene Relief Fund! To learn more and donate, visit -> https://lnkd.in/gvuMjTud #StrongBankersStrongCommunities

Mark your calendars for June 23-26 and join us #TogetherAtTheHomstead for the 2025 NCBA/OBL Annual Convention! We will be gathering with the Ohio Bankers League in Hot Springs, VA, where banking leaders from North Carolina and Ohio will come together to connect, learn, and celebrate treasured traditions. ? Secure your spot and book your room at the Omni Homestead Resort today -> https://cvent.me/3V1Q0Z

Do you work in #insurance coordination or #humanresources? Then don't miss the 2025?CBS Benefits Day & HR Workshop, a prime opportunity to learn more about the options available to your employees through our association and focus on human resources management with your peers. Save the date for two days of learning on March 25-26, 2025!

Save the date for the 2025 Carolinas Bank Directors and Executives Summit, a premier event dedicated to helping bank directors and management teams from across the Carolinas stay informed, strategic, and competitive. Hosted by the North Carolina Bankers Association, the North Carolina Office of the Commissioner of Banks, the South Carolina Bankers Association, and the South Carolina Office of the Commissioner of Banking, this summit provides an unparalleled opportunity to connect with decision-makers shaping the future of banking.

What's the latest? Read the #NCBankersBulletin (https://lnkd.in/g49FEUwn) for these stories and more: ? #CheckFraudUpdate: Treasury is set to implement check payee verification, a major step forward in combating check fraud. This initiative, a priority issue during NCBA’s Washington Visit, was strongly advocated by our bankers. ? #NCPolitics2025: North Carolina has elected Democrat Josh Stein as Governor. With his transition team now forming, Stein will appoint leaders for key state departments, though many roles remain under the purview of direct voter election in North Carolina. ? #FDICVisit: NCBA staff and several bank CEOs recently met with FDIC Vice Chairman Travis Hill during a recent trip in Raleigh. Hill engaged with North Carolina bankers, listened to their perspectives, and discussed FDIC initiatives.