Maryland S and Ls in good health says delegate
Maryland savings and loan institutions are in fine health and customers well protected, says Del. George Littrell. A legislative task force on S&Ls, chaired by Sen. Howard Denis, delivered a final report urging limited reforms while opposing higher MSSIC insurance, and criticizing the 40 percent loan rule as arbitrary.
MENTIONED IN THIS ARTICLE
Annapolis
Del
George Littrell
D-Frederick
Maryland
Littrell
S&l
Subcommittee On
Savings and Loan Associations
House
Senate
Howard A. Denis
R-Montgomery
del. Dine Kirchenbauer
Denis
MSSIC
Charles H. Brown Jr
Division of Savings and Loan Associations
Charles Hogg
S&L’s
Maryland S&L overseer tightens brokered accounts rule
Maryland's S&L division proposes limiting brokered savings to 10 percent for large institutions and 5 percent for smaller ones, with Oct 1 effective date. Only 13 of 115 Maryland S&Ls have brokered savings, the highest being 17 percent. The panel also backs grants of cease and desist powers and increased asset disclosures, while resisting mandatory officer director disclosures and a 4 percent director stake.
MENTIONED IN THIS ARTICLE
Department of Licenses and Regulation
S&l's
S&l Division
Maryland
S&L’s
Littrell
S&l
Savings and Loan
SkL’s
Walkersville to open 86,000 sq ft Village Center in 1985
A new Walkersville shopping center named Walkers Village Center rises at Md 194 and Glade Boulevard. Safeway and Peoples Drug Store anchor the 86,000 square foot complex with 20 shops and offices planned. Development by The Alliance Group with Morgan-Keller as contractor and financed by Chevy Chase Savings. Completion expected spring 1985.
MENTIONED IN THIS ARTICLE
Walkers Village Center
MD. 194
Glade Boulevard
Walkersville
Edward Schram
Tay Sidseman
Rehecca David
Matthew
Safeway
Peoples Drug Store
C. Kurt Holter
MD 194
Safeway and Peoples Drug Store
Frederick County
Jay Silberman
Alliance Group
Washington
McLean, Va
Ronald E. King
American Mortgage Brokers of
Frederick
Chevy Chase Savings and Loan Association
Fredericktown Bank & Trust Co
Frederick County Developers
Ernie Ausherman
George Stauffer
Norman Waltz
Market advances slightly amid quiet week on Wall Street
The Dow Jones Industrial Average rose 2.76 to 1,211.90 as the market closed a subdued week following a summer rally. Volume reached 7150 million shares with mixed results among issues and a Fed report showing higher credit growth but little policy shift anticipated before the Open Market Committee meeting. A separate youth job fair and government purchasing conference are announced in Frederick County with details on dates, locations, speakers, and contact information.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Federal Reserve
Fed
Henry Kaufman
Salomon Brothers
Oil dealers appeal PSC approval of low cost gas furnace program
Baltimore oil distributors challenge a Public Service Commission decision allowing Baltimore Gas & Electric to finance high efficiency gas furnaces at 12 percent. About 2,600 households have taken the offer, with two thirds already using gas furnaces. The case notes the program included rebates and service contracts, later limited by PSC rules.
MENTIONED IN THIS ARTICLE
PSC
Baltimore
Public Service Commission
Baltimore Gas & Electric
Bebe Pheemshaw
Mid-Atlantic Petroleum Distributors Association
Bga&e
Joe Weise
Bg&e
Serarttman
Bge&e
Weise
Commission
Allen M. Freifield
Firefield
BGKE
Frederick Community College Offers Two Metal Working Courses
Frederick Community College will start two metal working courses in September at the Frederick County Vo-Tech Center. Metal Working I meets Tuesdays and Thursdays 6:30 to 9:30 p.m. for 28 weeks, with tuition $142 for residents and waivers for apprentices registered with the Maryland Apprenticeship Training Council. The second course, Metal Working Jigs and Fixtures, meets Tuesdays 6:30 to 9:30 p.m. for 12 weeks, with tuition $59 for residents.
MENTIONED IN THIS ARTICLE
Frederick Community College
Frederick County
Vo-Tech
Maryland Apprenticeship Training Council
Vo-Tech Center
Office of Continuing Education
Unemployment Insurance Fraud Hotline Visits Hagerstown Aug 20
The Maryland DET reports 179 hotline calls by July 20 with 89 requests for investigation. A DET representative will be at the Washington County Courthouse in Hagerstown on Aug. 20 from 10 a.m. to 1 p.m. to answer inquiries on fraud and abuse in unemployment benefits.
MENTIONED IN THIS ARTICLE
Maryland
State Department of Employment and Training
DET
Maryland Insurace Division
Washinoton County
Hagerstown
Washington-Frederick-Carroll County
State Insurance Division
St. Paul Place
Standall Building
Baltimore
Department of Employment and Training
Also Mentioned on This Page
Savings and Loans
Brown
State
the News
Frederick, Md
Delaware Savings and Loan Companies
D.C
Morgan-Keller Inc
Morton W. Noble
ATA and Associates
Dow Jones
London
Bika Mag Ps Undiga
Avemcd Corp
Ger Motors
Ori Lim
Heen
IBM
Kmart
Catton
Lowes Ols Mace
Marnatt Corp
Mad “Atl Cp
Mircantue Bokshr
Murphy Ie
Penney al Anal Piantra
Potom Et
Baker Watts & Co
Frederick County Job Training Agency
Frederick Armory
Bentz and
Second Streets
National Institute of Governmental Purchasing
Hugh M. Carleton
CPPO
CPM
Victor F. Diego
International Federation of Purchasing Materiels Management
Buenos Aires
Argentina
Joanne Teitz
Robert E. Gearinger
Fredericktown Bank and Trust Co
Lori Swanson
Rod Bowie
Douglas C. Martin
Richard T. Meagher
Country Way
North Market Street
Vera Skigen
Henry Smedes
Germant
Jock Hatfield
Lynda Smith
Sue Mainhart
Ronald N. Young
Janet Sink
Vera Chapouris
Rosemary McMillan
Burlington
Tews
Jania Martell
Lois Rees
Monrovia
Paula Wagoner
Terri Harshman
New Windsor
Shaun Joy
Emmitsburg
Jcpenney USA
USA
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