Business Briefs

Dec. 18, 2013 @ 08:37 PM

Durham County saw 2Q weekly wage growth

DURHAM -- Durham County’s average weekly wage grew 3.4 percent year-over-year to $1,202 in the second quarter, according to preliminary data released Wednesday by the U.S. Bureau of Labor Statistics.

The county had the 36th highest percentage average weekly wage growth in the quarter out of the 334 counties included in the analysis.

For the United States, the average weekly wage increased over the year by 2.1 percent to $921 in the second quarter.

NC’s Blue Cross, other insurers extending premium deadline

CHAPEL HILL – Blue Cross and Blue Shield of North Carolina, along with other health insurers, is moving the deadline to Jan. 10 for when the first premium payment is due for consumers who bought health plans through the federal marketplace in North Carolina and who wanted to see their coverage start Jan. 1.

Consumers must select plans by Dec. 23 and must pay by Jan. 10 to have coverage start Jan. 1. That’s a change from the previous payment deadline of Dec. 31.

Health insurers around the country are voluntarily moving the deadline, according to a news release from America’s Health Insurance Plans, a trade organization for health insurers.

NIEHS offers paid internships to college students

DURHAM -- The National Institute of Environmental Health Sciences announced Wednesday that it’s accepting applications for the Scholars Connect Program, an opportunity for local college students to get paid research laboratory experience

Geared toward students from underrepresented groups majoring in science, technology, engineering and math, the program pairs undergraduate participants with mentors for research training for an academic year.

Students participate in activities ranging from research planning to data analysis and results reporting.

To apply, go to the program’s website. Applications are due Feb. 3.

Mechanics and Farmers Bank chosen for grant

DURHAM – Durham-based Mechanics and Farmers Bank was selected to receive $323,000 through the 2013 Bank Enterprise Award Program, according to a news release distributed Wednesday.

The award is the third that the bank has received from the U.S. Treasury’s Community Development Financial Institutions Fund. The award program was created in 1994 to support FDIC-insured financial institutions that finance and support community and economic development activities.

The bank received the award for lending in economically distressed communities. Mechanics and Farmers Bank is a subsidiary of M&F Bancorp, Inc., a one-bank holding company headquartered in Durham with assets of about $290 million as of Sept. 30.