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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Dec 08, 1973
Page
6
Wachovia Bank unveils a Personal Banking system to personalize service. All 5,000 employees trained and 400 personal bankers assigned to handle 500,000 customers and depositors. The program recreates a traditional country bank manager role combined with a modern customer focused approach.
Catamount National Bank announced Robert H. Stark as the new branch manager in Manchester replacing James V. Horrigan, who moves to the Putnam Square facility in Bennington. Arthur J. O'Dea was named to the Manchester advisory board. Stark comes from Hartford National Bank in Stamford and has backgrounds in real estate and music. O'Dea, a Whalen and O'Dea partner, has practiced law since 1962 and served on the county tax appeals board in 1969. He and his wife Roberta raise seven children in Arlington. The story also includes banker commentary on personal banking and customer relations premised on preserving human contact amid computerized accounting.
Norton West was named assistant treasurer and operations officer at the Bennington branch after joining in 1972 as an officer trainee. He previously supervised production at Union Carbide in Charlotte and later Bennington, and is active in Bennington civic groups and church boards. He and his wife Rebecca live at 220 Elm Street with two children. Other promotions include Louis R. Fredette as assistant vice president in Rutland’s installment loan department, Richard L. Noel as assistant vice president in Rutland, and Marshall M. Wheelock as computer trust operations officer for the bank.
Rising costs push Americans to DIY on home repairs with 40 million homeowners planning two projects this year. More than 60 percent of housing units affected, with $22.3 billion in projected spend and $8 billion DIY. Growth in plumbing, tax incentives, labor shortages, and new packaging fuel the trend as homeowners expand existing homes for space and value. Burlington Chittenden Trust Co. approves 20 cent quarterly dividend for December 31 to holders of record December 15.
The Bennington town clerk records show several property transfers from Nov 29 to Dec 6. Transactions include Alice Briggs selling a residence at 305 Grove St in Bennington for 16500 to James B. and Florence E. Hurd, and Arthur H. Jr. and Cynthia W. Lockwood purchasing on Convent Avenue for 28000 from Mount Anthony Union District 14. Other transfers involve Bennington residents buying homes on Depot Street and Mechanic Street for 20000 and 27500 respectively, plus a 30500 sale at 110 Soule St and an 18000 Colonial Printing Shop building sale on East Main St to Clyde Patridge and Harold O. Strang. Central Vermont Public Service notes weekly electric output for Nov 30 at 35680300 kWh, down 5.58% year over year, with year-to-date 1623305700 kWh, up 1.80%.
First Vermont Bank and Trust Co announces doubling the Main Street drive in capacity with a Moster Pneu-Vista unit enabling instant teller contact. The upgrade aims to speed service, reduce waits, and follows construction begun last August with completion targeted for late February.
Debbie Fisher opens Fisher Knits at 546 Main St across from Madkour's Market. The crewel and needlepoint shop offers embroidery, macrame, knitting bags, pattern books, and a range of yarns including Icelandic, French, Irish, Scottish wools and synthetics. Wool prices have risen while supply stays fixed. Irish wool is scarce due to Japanese demand. Store hours are 10 to 4:30 weekdays and 9:30 to 1:30 Saturdays.
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