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Herald Zeitung in New Braunfels, Texas

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Newspaper

Herald Zeitung

Location

New Braunfels, Texas, United States of America

Date

Mar 03, 1985

Page

5

New Braunfels Bank Group Receives Preliminary Charter Approval

A local group plans Citizen's National Bank at the Courtyard Shopping Center after receiving preliminary OCC approval on Feb 5. The charter application was filed a year ago, with final approval expected in 60 to 90 days amid prior delays. Other organizers include John Chunn Ken Karger Cary Lee Leverett and Lloyd Paul Norwood.

New Braunfels Comptroller of Currency Office Dallas Donnie Seay Citizen's National Bank Courtyard Seay John Chunn Ken Karger Cary Lee Leverett Ron Mills Jeff Alexander Mund Lloyd Paul Norwood Jean H. Pfeuffer Dennis R. Ray Earl Phillip Stein

Municipal bonds offer tax free interest explained

Financial advisor explains tax exempt bonds and how municipal bonds provide Federal tax relief and potential state and city tax exemptions when issued within the taxpayer's state. Bonds fund public works like schools and roads, reducing project costs through lower borrowing interest.

United States

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