Over the last few days, North Carolina State Banking Commissioner Boskin and State Treasurer Dale Folwell have been closely monitoring the situation with Silicon Valley and Signature Banks as well as the 36 banks regulated by the State Banking Commission. Folwell says the state’s banks don’t have the same number of unsecured deposits and are more diversified than those troubled banks. “At this time,” Folwell says, “the abbreviation ‘NC’ stands for ‘no crisis.’” Photo credit: Pixabay
