Texas savings and loan firms cut mortgage dividend rates
A United Press International survey shows Texas savings and loan associations joining a nationwide move to lower dividends as mortgage earnings decline. Dallas firms reduced from 4.5 to 4 percent for the third quarter, while others in Amarillo and Baytown also signaled cuts. Some groups delay action, citing market conditions and profit pressures.
MENTIONED IN THIS ARTICLE
United Press International
Texas
Austin
Lubbock
San Angelo
Abilene
Dallas
Dallas Savings and Loan Associations
Joel Williams
First Federal Savings and Loan Association
Williams
Amarillo
Prescott
Midland - Odessa
Lloyd S. Bowles
Dallas Federal Savings and Loan
Levelland Farmer Named Father of the Year
Levelland farmer Leon Lawson was chosen as Father of the Year in a contest by the Levelland Area Chamber of Commerce. About 60 fathers were nominated with Wilson Copeland, Donald Schwab, and Billy Key placing second through fourth. Lawson and his family earn a weeklong expense paid stay at a Lake Granite Shoals lodge.
MENTIONED IN THIS ARTICLE
Levelland
Leon Lawson
Levelland Area
Lawson
Wilson Copeland
Donald Schwab
Billy Key
Sundown
Ihrough
Lake Granite Shoals Lodge
Also Mentioned on This Page
Texas Savings and Loan Firms
Panhandle Savings and Loan Association
Roy Prescott
Citizen Savings and Loan Association
Midland
Midland-Odessa
Harris County Federal Savings and Loan Association of
Bayton
J. W. Strickler
Harris County
Strickler
Harris County Savings and Loan Associations
Beaumont
Rio Grande Building
Loaninburg
Harlingen
Rio Grande Valley
Browns Iville
McAllen
Jel
BY Olga
Monterey
BY Sally Gee
Orton
Hed Mohairi