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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Sep 18, 1990

Page

26

Why Advertising Icons Linger in Our Minds

Ellen Havre Weis of the Museum of Modern Mythology explains how figures like Tony the Tiger and the Quaker Man endure in American culture. She notes television from the 1950s helped these characters become demi god like, living on as consumers perpetuate their existence. Weis will speak to the Advertising Federation of Cedar Rapids at Collins Plaza, noon Thursday, with admission $9 members $13 non members.

Weis Advertising Federation of Cedar Rapids San Francisco Mission Street Federation Collins Plaza

Eastern Iowa S&Ls Post 10.2 Million Q1 Loss

Fourteen area thrifts with HQ or branches in Eastern Iowa posted a combined loss of 10,221,000 for the first quarter of 1990, per the Office of Thrift Supervision and Sheshinoff Ratings Service. Seven Eastern Iowa thrifts were profitable, led by Mid America Savings Bank at 2,470,000 and Des Moines firms with gains. Nationally, industry losses totaled 3.64 billion with two conservatorships driving most of the hits in Iowa. Brenton Bank and Hills Bank acquired Cedar Rapids Marion and Iowa City branches respectively after RTC actions. Other Eastern Iowa savings associations also posted small losses.

Iowa Associated Fed Logs & LA Banclowa Logs Bank Grinnell Fs&la Harvest Bank Independence Fsala Interstate Fs&la MidAmerica Logs Bank Midland Svgs Banke Perpetual Svgs Banke OB Os Statesman Bank Svgs United Federal Logs Bank United Security Logs Bank Washington FL George C. Ford Federal Office of Thrift Supervision and Sheshinoff Ratings Service Inc Austin Texas Savings and Loans Harvest Savings Bank of Dubuque Mid- America Savings Bank of Waterloo Midland Savings Bank of Des Ioan Savings and Loans OTC Sheshunoff American Federal Savings Association of Iowa Banc Iowa Federal Savings Bank Federal Resolution Trust Corp Banc Iowa Brenton Bank & Trust Co Cedar Rapids Cedar Rapids and Marion Hills Bank & Trust Co Hills Iowa City

Overreaction risk to recession cited by banking official

Alan Tubbs president of Maquoketa State Bank and ABA president elect warns that curbing credit and overregulation could deepen a recession. He notes banks are well capitalized with $210 billion in backing and $60 billion in bad debt reserves while FDIC reserves may fall to $11 billion by year end. Tubbs urges measured action and cautions against panic-driven policy.

Rod Boshart Des Moines Alan Tubbs Maquoketa State Bank American Bankers Association Tubbs ABA S&l Iowa Bankers Association Ing Office Federal Deposit Insurance Corp GAO Congress FDIC Iowa

Also Mentioned on This Page

Brenton Seminar Brenton Bank First Ave Beall National Management Association Donald R. Beall Rockwell International Don Beall Rockwell Ronald E. Leigh NMA Rockwell-Collins ACT Donald Beall Tribune Media Tony the Source Sheshunoff Ratings Services S&ls Washington Federal Savings & Loan Association of Washington Mary McDowell Ver Cadillac Cadillac Sedan argrave _iVicEleney Fleetwood A.G. Edwards Ginnie Maes U.S AG. Edwards Investments 2Nd St. SE AG. Edwards & Sons, Inc Fred Schuchmann Sie Millhiser Smith Agency Slo Oakland Road
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