Banks prepare for Check 21 rollout this fall
Banks gear up for a federal Check Clearing for the 21st Century Act. The act allows substitute checks with the same legal standing, enabling electronic processing to replace physical transport. Bank of America’s Betty Reiss explains the image will stand in for the original paper item.
MENTIONED IN THIS ARTICLE
Betty Reiss
Bank of America
Consumer's Union
Consumersunion.org
Federal Reserve Board
Federalreserve.gov
Reiss
Chicago
Dallas
Check 21 Act Takes Effect October 28
The Check 21 act, effective October 28, will accelerate check processing by enabling substitute checks and electronic transport, reducing float time, and potentially changing how canceled checks appear in statements. Banks plan outreach while implementing imaging and partial electronic processing.
MENTIONED IN THIS ARTICLE
Chicago
Gary Englert
Crosby State Bank
Baytown
Ollie Cove subdivision sprouts in Anahuac on Trinity Bay
A Bay Area couple Scott and Kathy Goodman with Don and Sherry Sanford co develop Ollie Cove an 18 lot subdivision on Trinity Bay near Anahuac The Goodmans bought seven acres in 2002 and with the Sanfords split adjacent land into 3/4 acre plots Residents praise small town life trust and neighborliness noting the Trinity River bridge marks a slower pace For more information call 713-545-6104
MENTIONED IN THIS ARTICLE
Exxon Mobil
Scott Goodman
Kathy
Billings
Mont
Texas Gulf Coast
Anahuac
Goodmans
Bay Area
Don
Sherry Sanford
Ollie Cove
Trinity Bay
Sanfords
Kathy Goodman
Trinity River Bridge
Goodman
Andy Taylor
Mayberry
Ollie Nelson
Nelson
Retailers face unclear outlook as oil prices rise
July sales stalled for a second month amid higher energy costs and cautious consumers. Wal-Mart Target and Kohl's reported solid second quarter profits, while economists warn oil prices could still weaken job growth and spending. shoppers like Nora Wright note rising milk and staple costs driving less frequent trips.
MENTIONED IN THIS ARTICLE
Wal-Mart Stores Inc
Target Corp
Kohl's Corp
Commerce Department
Lee Scott
Wal-Mart
Sung Won Sohn
Wells Fargo
Minneapolis
Nora Wright
West Des Moines
Iowa
Baytown issues permits totaling 466000 this week
The City of Baytown Inspection Division reports residential and commercial building permits valued at 466,184 for Aug 6 to Aug 12, with 230,204 tied to commercial add-ons or remodeling. Notable items include a BB&K paving project at 6600 N Hwy 146 and multiple new residences for Gehan Homes and DR Horton America's Builder.
MENTIONED IN THIS ARTICLE
City of
Shirley Hall
Baron Road
Gehan Homes
Bear Creek Trail
Horton America
Wildwood Street
Cesar Reynosa
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Clarissa Salva
Baytown Sun
Gulf Coast Bank
Linda Palmer
Palmer
Natalie Roberts
The
Jennifer Marcontell
Edward Jones
Indi
Hangworth Chi
Uc Ndc Hith Orthodon CP
PepBay
Sizelerp
IntsiBake
Ame
Lucent
Hewlett
GenElec
Ee Amex Nyse Naspaa
Mons
Wore
NaiVis
Dynavax
Hanarot
Iamgid
XOMA
Haspiral Esco
jAnera
jSmiek
Sola
TitanPhm
Americat
Blency
Sone
Fame
GAD Inc
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MatixSys
Cisco
Intel
Microsoft
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AprilMatl
Delline
Siruss
JDS
AdvMirkig
Iimagen
Excel
S. Cha
At&t NY
Kmger NY
Allstate NY
Landy NY Bt
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AEP ApiaMall Nash
Lucent NY
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NASA
Merck
BP PLC
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Ae al
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Sears
DawChm
TA Semiliar Amex
DuPont
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Tineham
Goodrich
Bart
Haibin
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Hewett
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IBM
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Is Saad
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Init Maine
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Olympus
Frydex
Masetn
Eestance
Linnar Inc
Community Resource
Wwiw.creu. Org
Stephen V. Takach
N. Alexander
Edwardjones.com
SIPC
By Anne D’innocenzio
New York
Massey Tompkins Road
Goose Creek
Cedar Bayou Road
E_ Texas Ave
Thuy Vu Nguyen
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