Iowa Bank Rate Move Opens 4% CDs for National Banks
DES MOINES AP The national banks in Iowa may raise insured time deposits to four percent following a ruling cited by Dale Ball president of First National Bank Council Bluffs. Ball said he was advised by U S Comptroller James Saxon that national banks are not bound by Iowa state law capping rates. Council Bluffs had begun issuing four percent certificates in late November but could not offer insured notes until now.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
First National Bank of
Council Bluffs
Dale Ball
Council Bluffs Bank
James Saxon
U.S
Ball
Town Department of Banking
State Attorney General's Office
Merchants National Bank
Iowa Department of Banking
Savings and Loan
John Chrrstal
Des Moines Promotes Glass to Regional Savings Bond Leader
Kenneth E. Glass of West Des Moines has been named regional director of the U S Treasury savings bond division, succeeding Earl Shackelford who retires. Glass, a 26 year federal veteran, hails from Albia and has spent 22 years with Cedar Rapids banks as insiders caution against rate hikes. Officials elsewhere deny plans to raise insured time deposit rates despite Fed rate boosts.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Guaranty Bank and Trust
Bond Issue OK’d by College District
Voters in the College Community school district just south of Cedar Rapids approved a $300,000 bond for an addition to the Prairie Intermediate building. The measure passed Tuesday.
MENTIONED IN THIS ARTICLE
College Community
Cedar Rapids
School addition to relocate grades in Decorah area
A 22 million building levy funds a new addition enabling completion of a project. With the addition, Clayton Winneshiek plans move fourth and seventh graders to the intermediate building and house fifth and sixth graders there as well.
MENTIONED IN THIS ARTICLE
Sassotti
Brazilian Students Arrive to Join Iowa Schools Exchange
Four Brazilian youths arrived in Des Moines to continue high school studies under the Youth for Understanding program. The students Joao Alfredo Neto Cristina Okrant Cristina Guede Muniz and Maria Elizabeth Pereira will live with host families in Burlington Newton Grundy Center and Baxter while Franceso Wilmar will stay with the Morris C. Kahn family in Newton.
MENTIONED IN THIS ARTICLE
Des Moines
South America
Brazil
Youth For Understanding
Joao Alfredo Neto
Cristina Okrant
Sao Paulo
Rio de Janeiro
Cristina Guede Muniz
Maria Elizabeth Pereira
Neto
Richard Beckman
Burlington
Christina Okrant
Robert Cohns
Newton
Miss Muniz
LeRoy Vanderwicken
Grundy Center
Maria Elizabeth
Edgar F.kruegers
Baxter
Francesco Wilmar
Morris C. Kahn
Kahns
Miami
Fla
Northwestern Bell reports record Iowa year for phones and growth
Northwestern Bell in Iowa sees a record 900000 telephones in use with 41 million daily calls as #lines and buildings expand. Long distance traffic tops 71 million, and 650 large users adopt WATS lines as 37.9 million invested in equipment and facilities across 229 communities.
MENTIONED IN THIS ARTICLE
Des Moines
IDPA
Northwestern Bell
Iowa
Nurnberger
WATS
Ames
Humboldt
Iowa City
Sioux City
Tighten Inspection at Iowa Guard Armories
Des Moines National Guard Tightens inspection rules after Keokuk armory explosion. Adjutant General J F Miller explains new periodic checklists and reporting to guard headquarters. He notes gas buildup under Keokuk may explain the blast and recalls recent drills by 100 guardsmen.
MENTIONED IN THIS ARTICLE
Iowa
Harrison Weber
Daily Press
DES Moines
Keokuk Armory
National Guard
Lone Tree Award Contract Amid 1964 County Finances
The county board awarded a Lone Tree road contract after competitive bidding. 1964 saw excess expenditures and near 25 percent working capital. property tax corrections were noted including $6,613.56 misallocated across districts. Delinquent taxes were about four tenths of 1 percent.
MENTIONED IN THIS ARTICLE
Meneum
Thejof Education
Lone Tree
R. A. Bergman
I ‘l General County
Code of Iowa
Killed and injured in Wisconsin border area crash
Darlene Kubly 17 of Riceville Iowa died Tuesday and sister Patricia 20 injured when their Winneshick county car skidded off a slippery road and overturned near here. The accident raises questions about state liability in disasters at armories and tort claims act implications.
MENTIONED IN THIS ARTICLE
Grand Meadow
Minn
Darlene Kubly
Riceville
Iowa
Patricia
Amish Picked as Top UPI Story in Iowa 1965
UPI poll names the Amish school dispute the top Iowa news story of 1965. Keokuk armory blast, Mississippi River flood, Iowa legislature session, milk sanitation hearings, draft card burning, and Ledges State Park drowning rank among the era’s notable events.
MENTIONED IN THIS ARTICLE
Iowa
Tors
United Press International
Keokuk
Mississippi River
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