Business
Chase opens Cornelius branch today
Nov. 23. By Dave Vieser. Chase Bank’s Cornelius branch opens its doors today with full service in-person banking as well as drive through and ATM services at the two-story 3,000 square foot facility. The bank will be open Monday-Friday from 9-5 and Saturdays from 9-1. Chase officials said they are excited about the new branch. […]
June 22: Business briefs
New hires The newly opened Good Bye Body Fat Lean Life Enthusiasts Spa at exit 25 in Huntersville has hired Marley Daniels as the healthcare / spa manager and Jeanne Blalock as the spa coordinator. Stagioni temporary closing Chef Bruce Moffett temporarily close dhis Italian restaurant Stagioni after one member of the staff tested positive for COVID-19. […]
Cabarrus eases up on tax deadlines, penalties
April 26. Cabarrus County has a unique approach to helping business cope with the COVID-19 crisis. The County Commission waived deadlines and penalties for occupancy taxes as well as ad valorem listings. Occupancy taxes are due and payable on the 20th day of each month. The board waived the penalty associated with missing the deadlines […]
SBA grants Cooper’s request for disaster aid
The Small Business Administration granted Gov. Roy Cooper’s request for a disaster declaration for small businesses that are suffering economic losses due to the new Coronavirus, COVID-19. Many small businesses are desperate straits right now as the virus brings business to a near halt. At the Governor’s request, the SBA granted a disaster declaration to […]
Chasing Cornelius bucks
March 12. By Dave Yochum. Chase Bank has begun demolition work at the old Rite Aid building at Jetton and West Catawba where it will build a 3,000 square foot branch with a two-lane drive through. It’s part of Chase’s entry into North Carolina, starting with a branch in Chapel Hill. Chase plans to add […]
Colorado lawsuit names local investment advisors
By Dave Yochum. A lawsuit filed in Denver, Colo., by the receiver overseeing the assets of an alleged Ponzi artist has also named a Cornelius financial advisor and his company as defendants. The Colorado lawsuit, filed in Denver District Court, for the first time names Marlin Hershey and Performance Holdings as defendants and alleged co-conspirators. […]
FDIC: Bank deposits soaring in Cornelius
By Dave Yochum. Brand new market share reports from the Federal Deposit Insurance Corp. show big gains in banking deposits in Cornelius. Between June of 2015 and June of 2019, deposits in Cornelius deposits rose 35.9 percent to $1.098 billion. And, more is on the way. Chase Bank plans a new branch on 1.5 acres […]
Aquesta net income rises 46.8% year over year
Aquesta Financial Holdings—Cornelius’ only home-grown bank and public company—reports that 2019 net income increased dramatically. Earnings from continuing operations grew at the rate of 46.8 percent year over year. Jim Engel, CEO & president, said he hoped the momentum from “excellent earnings and balance sheet growth” for the final quarter of 2019 would carry into […]
Cornelius author, consultant hops into craft beer
By Dave Vieser. Lost Worlds Brewery has found a place in a strip shopping center on West Catawba in Cornelius. If all goes as planned, the suds will be flowing sometime this winter according to co-owners Dave and Allison Hamme. The brewery was founded to create a “basecamp for adventure-seekers,” said David Hamme, a nationally […]
Pro sales tax forces have spent millions to impact public opinion
By Dave Vieser. This fall, voters in Mecklenburg County are being given the option to raise the local sales tax from 7.25 percent to 7.50 percent. Revenue from such a tax hike would raise approximately $50 million annually. About 45 percent would go to the arts, $17 million to parks and recreation, $8 million to […]
