Banks seek to hold savers as CD returns fall
As CD yields slump to about 4.5 percent, bankers in Gastonia caution savers may move funds to stocks or elsewhere. Local bankers predict spring rollovers will struggle unless rates rise. banks offer loyalty deals and higher payments for retirees to retain deposits amid a volatile savings market.
MENTIONED IN THIS ARTICLE
Paul Teem
Gaston Federal Savings & Loan
Teem
Southern National
Don Lineberger
First Community Bank
Gastonia
West may leave Gaston schools before reform completes
Gaston school board hired Eddie West two years ago to elevate a 29,600-student district with aims like middle schools, online learning, and business ties. Mississippi officials named him a finalist for state superintendent, prompting concerns the transition toward a world class system could stall.
MENTIONED IN THIS ARTICLE
Gastonia
Gaston
Eddie West
West
Mississippi
Roger Stowe
North Carolina
Gaston Board
Gotti Convicted on Racketeering and Murder Charges
John Gotti, head of the Gambino family, is found guilty on 13 counts including murder and racketeering after a six year investigation. Key witness Salvatore Gravano testified to 10 murders directed by Gotti, sealing the verdict after 13 hours of deliberation.
MENTIONED IN THIS ARTICLE
New York
John Gotti
Gotti
Federal District Court
Gambino
Teflon Don
Salvatore
Sammy Bull” Gravano
James Fox
FBI
Gravano
Gotti conviction seen as possible Mafia last hurrah
The jury verdict against John Gotti underlines a crackdown on racketeering that has fractured Mafia families nationwide. Law enforcement observes growing international crime networks as other ethnic syndicates exploit the faltering mob. The FBI notes crime now crosses borders, requiring global cooperation to deter cross country criminal activity.
Governors wager chair in Indiana Duke Final Four bet
Gov. Jim Martin and Gov. Evan Bayh stake a maple chair and a limestone statue in a playful wager over the Indiana Duke Final Four game. Martin plans to attend the Final Four in Minneapolis with other governors, and he jokes about a seat belt and floor belts if Knight throws the chair.
MENTIONED IN THIS ARTICLE
Raleigh
Indiana
Bobby Knight
Jim Martin
Martin
Evan Bayh
Indiana Duke
Bayh
Anne Bernhardt
Knight
Michigan
Ohio
Minnesota
Minneapolis
Duke
Also Mentioned on This Page
World of Sports
Leo Hohmann
Gazette
Bank Rate Monitor of
North Palm Beach, Fla
Boyd Smith
Edward D. Jones & Co
Gaston Bankers
John Houser
Southern National Bank
Charles Hoskinson
Teflon
Don
Associated Press
Mafia
Scripps Howard News Service
Will
Iam S
Bugsy
Benjamin
Bugsy” Siegel
Nevada
Las Vegas
Sam Giancana
Chicago
John F. Kennedy
Marilyn Monroe
Double Cross
Neis
Gentle Head Coach
Bernhardt Furniture Co
Silence of the Lambs
Duke University
Bloomington
Callas Gastonia
Lincolnton
Charlotte
Fox
Abby
Mayenne
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