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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Sep 20, 1998

Page

25

Harmon promoted to executive vice president at Peoples Bank

Charles E. Harmon with 35 years in banking is named executive vice president and senior credit officer at Peoples Community Bank. He holds degrees from the University of South Carolina, University of Oklahoma National Commercial Lending School, and LSU School of Banking. He previously led loan administration at South Carolina National Bank.

Harmon Peoples Bank Charles E. Harmon Peoples Community Bank Tommy B. Wessinger University of South Carolina University of Oklahoma National Commercial Lending School School of Banking of the South Louisiana State University South Carolina National Bank

Spaceport bid stirs South Carolina hopes in 4,000 jobs

South Carolina could host a multibillion dollar spaceport to house a new generation of NASA shuttle vehicles. Lockheed Martin plans a VentureStar fleet with first flights by 2008 and a project cost up to five billion dollars. Georgetown County rumored as a site amid a nationwide search. Local officials caution no confirmation yet as proposals are prepared for next May.

Columbia South Carolina Gary Karr Lockheed Martin Corp Georgetown Ron Williams Aerospace Lockheed NASA VentureStar Williams California Florida Utah Nevada Idaho Montana New Mexico Washington Texas Louisiana North Carolina Arkansas Oklahoma Virginia APY Beni Crete Neve Regions Bank Regione Bank

Signs of Deflation Spread Across US Economy

The text notes deflationary pressures emerging in the United States with falling commodity and producer prices, slower gas price shifts, and potential impacts on wages, jobs, and profits. Greenspan warns deflation could be contagious, with higher risk if it spreads globally, though inflation remains the current trend.

New York Federal Reserve Alan Greenspan United States U.S. Treasury

Two Tigers to Build Climate Controlled Storage in Aiken

Two Tigers Holding Co led by Rod Grandy and Doug Kingsmore will construct a five acre climate controlled storage facility on Whiskey Road in Aiken. They plan over 300 heated and cooled units with 24 hour security, fencing, and monitored entry and exit.

Two Tigers Holding Co Aiken Rod Grandy Doug Kingsmore Grandy Kingsmore Tigers Holding Co Whiskey Road Excel Communications Company Said Kingsmore Graniteville Co Michael Thomas Ltd Columbia

More Americans behind on credit card payments

The seasonally adjusted delinquency rate for credit cards rose to 3.28 percent in the April-June quarter from 3.11 percent, per the American Bankers Association. Delinquency for other consumer loans eased slightly to 2.35 percent from 2.36 percent, the best since late 1996, while the record high remains 3.72 percent.

Washington American Bankers Association

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