North Carolina Bankers Association Presents Common Core Resolution to Governor

October 22, 2013

For More Information Contact:
Brandon Wright, Director of Communications

RALEIGH, N.C.The North Carolina Bankers Association today presented Governor Pat McCrory with a resolution supporting the North Carolina Common Core State Standards (CCSS). The resolution called for continued implementation of these rigorous goals and aligned assessments to ensure North Carolina students are prepared for success in college and career.

Noting that transitional, likely lower, scores will be released in mid-November, leaders of the banking community urged parents, educators, business and community leaders to continue to support the standards. They noted that lower transitional test scores are not a reason to reverse course on raising the bar for what students need to succeed.

Thad Woodard, NC Bankers Association President and CEO, stated that realistic and accurate test scores can provide the opportunity to adjust teaching instruction to develop the skills and knowledge needed for success in today’s economy.  “Students are graduating from high school without the skills they need to compete,” Woodard said. “We need these goals so that we can start getting our kids—and future employees—where they need to be.”

According to a report from the business leaders group, America’s Edge, North Carolina could face a deficit of 46,000 workers by 2022. In the coming years, there will be twice as many jobs in the state for those with post-secondary education than for those with a high school degree or less. North Carolina CEOs are also concerned that students are not developing increasingly important skills like communication, collaboration, and critical thinking, which the CCSS are expressly designed to develop, along with a mastery of core academic content.

Currently, 17.5 percent of North Carolina high school students do not graduate on time. In 2013, 83 percent of North Carolina’s graduating high school seniors failed to meet the college readiness benchmarks on the ACT college entrance exam on the four core subject areas: English, math, reading and science. These statistics do not bode well for students, as businesses require increasingly higher education and/or training.

Governor McCrory has previously voiced his support for the Common Core State Standards at the North Carolina Conference on Education, hosted by the North Carolina Chamber on August 1, 2013.

The North Carolina Bankers Association brings together all categories of banking institutions that best represent the interests of our rapidly changing state. The state’s banks have provided support to their communities since 1864. Look for a current listing at