Electronic funds transfer faces consumer resistance in push for change
A large shift toward EFT faces hurdles as consumers resist altering habits and merchants test the system. Banks like Citibank expand prototypes while others close or delay self service terminals. Officials anticipate fewer tellers, but retraining and new hurdles persist amid regulatory efforts.
MENTIONED IN THIS ARTICLE
Jerry Flint c
N.Y. Times News Service
New York
Electronics
John J. Poppen
Booz Allen & Hamilton
Betsey Hansell
Detroit
Lake Worth
Palm Beach
Fla
Miller Super Value
Grand Central Terminal
Chase Manhattan Bank
Donald Hollis
Chase
Santa Barbara
Calif
David Smith
Glendale Federal Savings and Loan Association
Fresh Meadows
Queens
Citibank
John Reed
Southern Oaks hosts open house with Hays Land Construction
Ken Greenwood manager of Southern Oaks and Carolyn Lambert real estate agent pose beside a sheet metal version of the firm symbol. The staff will host an open house Sunday in combined offices with Hays Land Construction Co in new facilities on U.S. 31 S. daily photo.
MENTIONED IN THIS ARTICLE
Ken Greenwood
Carolyn Lambert
Hays Land Construction Co
U.S. 31
Rush Furniture CO
Diskay Department Store
2Nd Ave
Randall H
Bank St
M. G. Llar
Athens
Rush
Economists and the cautious forecast in corporate life
Economists increasingly shape management choices yet often fall short of predicting the future. They warn of higher rates and recession while investors urge risk control, creating a tension between bold investment and cautious budgeting. The piece notes analysts favor conservative portfolios and warn that risk and innovation must balance.
MENTIONED IN THIS ARTICLE
New York
Warren E. Burger
Federal Reserve
Ipver
Takim
Hanley of Monsanto heads U S United Way
Monsanto chairman and president John W. Hanley was installed as the new chairman of the United Way Board of Governors in New York. The ceremony also installed five other board members following a record 1.104 billion dollars raised in 1976 campaigns. Hanley has served on the board since 1975 and chairs the long range planning committee.
MENTIONED IN THIS ARTICLE
Lee Sentell
Monsanto
John W. Hanley
United Way Board of Governors
Hanley
New York
United Way
United Way of
United Way of St. Louis
Decatur
Sunbelt retirees fueled by $13 billion housing power
Projection shows 6.8 million people aged 65 and over in 11 Sunbelt states. Commerce data indicates retiree population growth supports housing demand, with a $13 billion annual buying power driving shelter construction and market expansion.
MENTIONED IN THIS ARTICLE
Chicago
U.S. Department of Commerce
U.S. Bureau of Labor
Retiree Spending Drives Sunbelt Marketing Efforts in Chicago Show
Sunbelt retirees and pre retirees in 11 states account for nearly 20 million people with over 1 trillion in purchasing power focused on shelter. Sam Stone promotes the How When Where to Retire Show at McCormick Place September 7 11, backed by the National Retirement Council in New York.
MENTIONED IN THIS ARTICLE
Sam Stone
Chicago
National Retirement Council
New York City
Stone
U.S
McCormick Place
Bureau of
Sunbelt
Nevada
Arizona
Jorida
New Mexico
Florida
California
Texas
Louisiana
Mississippi
Alpama
Georgia
Utilities insulation role raises consumer protection concerns
Critics warn the proposed National Energy Act could give utilities control over insulation advising selling financing and potential overcharging while weakening consumer protections. The FTC notes risk of deceptive practices and liens, with state regulators and public groups invited to scrutinize and study the issue.
MENTIONED IN THIS ARTICLE
Carter
Phos
Theederal Trade Commision
National Energy Act
Federal Energy Administration
State Regulatory Commissions
Michael Pertschuk
Interagency
Esther Peterson
Business News Briefs From The Decatur Daily
The Decatur Daily invites business community information for its midweek feature THE BUSINESS PAGE. Send notices about new firms major management changes relocations or awards to Sentell at The Decatur Daily P O Box 1527 Decatur AL 35602.
MENTIONED IN THIS ARTICLE
Decatur Daily
Sentell
P.O. Box
Decatur
Also Mentioned on This Page
Goodyear
A.J. Foyt
Tony Foyt
Foyt
National Commission of Electronic Fund Transfers
Congress
Business Week
2Lectronic
Master Charge
Visa
BankAmerica
U.S. United Way
ConAgra
Conagra Inc
J. P. King & Sons
Direcor
Charles E. Grey
General F
Ashford Bank
Farmers and Merchants Bank of
Ashford
Bancorporation
First National OF
Central Bankshares
South
Acceeds
Harry
Blackwell
First State Bank OF
School of Banking of the South
Louisiana State University
Baton Rouge
Cook
Terry
University of Alabama
Wally Terry
Cook’s
Pest Control
West Point, Ga
Security Finance Corporation
Haley
Hardie Haley
Wolverine Tube
Tommy Counts
Vera Newby
Ridgeway
Firestone
Roger Ridgeway
OK Fire
John McKelvey
6Th Ave
Mutual
Atkins
J. A. Atkins
Mutual Savings Life
St. Petersburg
D.W. West
G.A. Armour
T. R. Jones
J.W. Tucker
R. P. Utlet
R.C. White
Hanely
Behr’s
Stuart Katz
Bill Dukes
Decatur Shownine Center
Owriter
Claus Behr
Joan Bramblett
Business News
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