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The North Carolina Banker's Association
The North Carolina Bankers Association was established in 1897. The Community Bankers Association of North Carolina merged with the NCBA on January 1, 1997. The resulting organization continues as the North Carolina Bankers Association operating under its original charter. The trade group offers legislative liaison in the North Carolina General Assembly and the US Congress on behalf of its membership. It provides educational and training programs, media relations, insurance benefits programs, the Carolina Banker magazine, regulatory and compliance assistance, and other services to its member financial institutions. It also operates, as a wholly owned subsidiary, the Community Investment Corporation of the Carolinas which provides long-term, low-cost financing for low to moderate income multi-family developments in the state. In addition to its member financial institutions, a wide variety of other businesses have joined the NCBA as affiliate members.
Management Team Conference - 2009
Oceancrest attended, as well as hosted an exhibit at, the North Carolina Banker's Association annual Management Team Conference. The event took place October 20, 2009 at the Greensboro-High Point Airport Marriott. This year's program was only a one day event focusing on the retooling of bank regulation coming from Washington, and commercial real estate was a hot topic. It was a once-a-year opportunity for the banking members to learn, network, and step away from the challenges of everyday bank operations. Oceancrest has been providing creative and effective solutions for its clients in North Carolina and nationwide since 2003. John Lennon, Managing Partner, Susan Keelin, Senior Vice President, and Ron Rossi, President, were available to each and every attending member at the conference to discuss the many real estate related issues facing the banking industry today.
CFO Symposium Conference - 2009
It was a pleasure attending the CFO Symposium in Greensboro this year. A common theme that is being echoed by many of our banking clients as well advisory peers in the industry is that, right now, "financial institutions are beyond the problem loan identification stage, and are in the problem loan management stage." This reality was a focal point of the presenters and attendees at the CFO conference. Oceancrest Advisory Services provides premier real estate advisory services, that are in such high demand by North Carolina's banks in this economy, on a local basis to the members of the NCBA and on a national level to larger institutions and owners of real estate.
113th Annual North Carolina Banker's Association Conference
We at Oceancrest would like to thank the entire North Carolina Bankers Association and all of its members for a wonderful 113th Annual Convention at the Carolina Inn in Chapel Hill. We thank you for taking the opportunity to come by our booth. As a member ourselves, it was a pleasure formally introducing oursleves to those we had yet to meet and discuss with you all the many real estate related issues facing the banking industry in North Carolina today.
We decided to attend the conference this year because, with the industry bracing itself for the next wave of maturing loans, we genuinely feel that there is a need for the kinds of services that Oceancrest provides. As well, it is our perspective that both lenders and investors alike will find value in opting to explore the solutions Oceancrest can bring to the table, rather than creating additional in-house positions or utilizing other outside vendor options. The current credit crisis has been one of the most daunting challenges ever to face the North Carolina banking industry. With the increase of loan impairments, defaults and foreclosures, never has the need for quality due diligence and workout experience been greater.