S and L Groups Face Stiff Competition
Savings and loan associations must improve tools to meet fierce competition from other financial institutions and the federal government, says William J. McKeever. He urges higher denomination securities, broader savings instruments, and investment authority to sustain housing finance amid rising yields and tightening money.
MENTIONED IN THIS ARTICLE
Savings and Loan Groups
Savings and Loan
William J. McKeever
National League of Insured Savings Associations
Washington
S & Ls
McKeever
Treasury
U. S
New Jersey Savings and Loan League
Savings and
Federal
National Mortgage Association
Federal Home Loan Banks
Public Federal Savings and Loan Asso
Ciation
Philadelphia
Federal Home Loan Bank
NLISA
Henderson Central Office Expands Under $5 Million Plan
California Interstate Telephone Company expands the Henderson central office as part of a 1968 budget. The $170000 investment increases switching capacity by 10 percent, enabling over 4000 customers once complete. Aztec Construction of Las Vegas wins a $59000 phase for a 1500 square foot addition with a 90 day schedule.
MENTIONED IN THIS ARTICLE
Henderson
California Interstate Telephone Company
William D. Smith
Continental
Smith
Central Office
Aztec Construction Corporation
Las Vegas
Water Street
Mortgage Financing Revamped In West
California mortgage bankers restructure lending to attract out-of-state funds. The Purchase-lease back concept and participation loans attract investors by long term returns and inflation protection. CMBA firms exceed 100. 1967 saw over 42 000 loans totaling nearly 2 billion dollars in California.
MENTIONED IN THIS ARTICLE
California Mortgage Bankers Association
California
McCarter
CMBA
Lake Tahoe Hotel
REECO President Moves to Rancho Nevada Estates Home
Frank C. Di Luzio, new EG&G vice president and REECO president, has moved into Rancho Nevada Estates Las Vegas. The space age authority, born in Rome, studied at Case, Fenn, and Harvard, and has held roles from Los Alamos to the Interior Department. He chairs NASA Safety Panel and serves on marine science commissions.
MENTIONED IN THIS ARTICLE
Frank C. di Luzio
SUN
Renee Germanier
Rancho Nevada Estates
di Luzio
Eg&g, Inc
Reynolds
Las Vegas
Reynolds Electrical & Engineering Co., Inc
Rome
Italy
Cleveland Institute of Technology
Case Institute
Fenn College
Cleveland
Ohio
Harvard Business School
Albuquerque
Los Alamos
Atomic Energy Commission
Eg&g
REECO
National Commission On Marine Sciences, Engineering and Resources
NASA Aerospace Safety Advisory Panel
Also Mentioned on This Page
Henderson Telephone Addition
Nevada
Department OF Economic Development
Clark Russell
State Department of Economic Development
Southern Nevada Industrial Foundation
Wall Street Journal
Russell
Las Vega
Electrical & Engineering Co., Inc
Frank Martin
Las Vegas Transfer & Storage
Frank Schwarer
Frank Wadsworth
West
Robert S. McCarter
Dwyer-Curlett & Co
Los Angeles
Mortgage Bankers Association of Nevada
Boulder Hiway
Vegas Valley Drive
Eastgate Estates
Arbara
Pring
LAMB
La&rea Construction Company
Nevada Licensed & Bondebuilders
F.H.A
Bella Estates
D ' Charleston Heights Shopping Center
West Sahara
Edna Ave
Clark High School
Charleston Heights
Arville
Sahara
Edna
S. Decatur