Bank and business leaders gain new posts in Maryland region
First National Bank of Maryland announces multiple appointments across loan, international banking, operations, and development offices. COMSAT General names three officers at Merrifield while Savings Bank of Baltimore promotes staff to vice president and officer roles. Frederick area executives receive honors and new postings in trucking and legal aid related agencies.
MENTIONED IN THIS ARTICLE
First National Bank of Maryland
Martin S. Lapera
Karen A. Stiltner
Sally E. Serpico
Diana G. Allan
Franz-Kiefer Reintresser
Gwendolyn B Carraway
Katherine M. Croghan
Hugh T. Ellison Jr
Ann D. Heavner
Richard A. Shephard
Maryland
James J. Lyke
Administrative Law Center
Legal Aid Bureau
Department of Health and Mental Hygiene
Robert Dev. Frierson
Fotas
Fotas & Frierson
Annapolis
Paul W. Grimm
Baltimore County
Department of Licensing and Regulation
Comsat General Corp
Comsat General Telesystems Inc
Merrifield
Michael S. Alpert
Richard Dedman
Comsat General
Donald R. Owen
William D Reed
The
Savings Bank of Baltimore
James HB. Longmead
Deborah L. Buttson
Augustus C. Clark
William Everman
Robert McDermott
Paula Alsace
Eben L. Berhard
Roger B. Brame
Barry Harding
Jane Kettleberger
Scott McBride
Deborah Monde
Douglas Palmer
Ange L. Rombriger
Richard Verderamp
Seer
Margaret H Krausmeyer
Beverly A Sembeer Crassiscan
Offeers
Mary and
OPEC
Prince Geeres
Annesrunde
Baltimore
Washington
Maryland National Bank
Dillon It Onsets
Market tops 1 000 level as Dow clears 1000 for first time
The Dow Jones industrial average closed at 1 002 79, up 17 02, after a late surge on Monday amid hopes rates will fall. Chase Manhattan and First Chicago cut prime rates to 17 5 from 18 percent, matching a prior move by Chemical Bank. Volume reached 49 94 million on the NYSE. The NYSE composite rose to 77 19, S&Ps gained, and the Nasdaq climbed to 203 44.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Chase Manhattan Bank
First National Bank of Chicago
Chemical Bank
Dow
St. Joe Minerals
Seagram
Amax
Standard Oil
California
NYSE
Standard & Poor
S&p
American Stock Exchange
Underwriting losses seen for workers' compensation next two years
National Council of Compensation Insurance reports seven of ten large insurers expect underwriting losses in workers' comp through 1982 due to inflation and price competition. Costs of benefits, medical care, and dividends may exceed premium income by about 4.7 percent in 1981 and 6.4 percent in 1982, with investment earnings offsetting part of the shortfall.
MENTIONED IN THIS ARTICLE
National Council of Compensation Insurance
NCCI
National Council of Compenstion Insurance
New York City
Maryland National Bank schedules financial management seminars
Maryland National Bank will sponsor a series titled Financial Management for the Closely Held Business aimed at helping closely held businesses in Maryland. The program, directed by Management Advisory Service, features practical guidance on profitability and financial management with selected bank officials assisting participants.
MENTIONED IN THIS ARTICLE
Maryland
National Schedules Financial Management Seminars
Maryland National Bank
UES
Rancia
Anages and Sons
Jarabe
Mery
Sanopa
Wilde
Hand Denne
Hase
Reagan faces decision on curbing Japanese auto imports
Washington sources say a divided cabinet debates temporary restraints to aid the ailing U S auto industry led by losses of 4 2 billion last year. Transportation Secretary Drew Lewis and Commerce Secretary Baldrige press voluntary reductions for three years while Stockman backs free trade and warns restraints could raise prices and invite other industries like steel to seek aid.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Drew Lewis
Commerce Department
Lewis
U.S
Commerce
Malcolm Baldrige
Congressional
Baldrige
United States
Congress
David A. Stockman
Alcohol fueled cross country tour launches from City Hall
In Los Angeles a four-car experimental cross country run to Washington DC uses ethanol and methanol fuels. Janet Guthrie and Lyo St. James lead an all-woman field, with Ford executives stressing the goal of secure liquid fuel for mobility and the auto industry. The trek includes stops in Phoenix Albuquerque Santa Fe and St. Louis among others, with DC arrival set for next week. Ford plans long term alcohol fuel production and a pilot program for 40 LA County government cars powered by methanol by June.
MENTIONED IN THIS ARTICLE
Los Angeles
City Hall
Janet Guthrie
Lyo St. James
Tom Bradley
Ms. Guthrie
Ms. St
Kay Bignotti
George Bignotti
Arlene Thorger
Harnar
Ford Motor Co
Dearborn
Mich
U.S
Middle East
Phoenix
Albuquerque
Santa Fe
Amarillo
Springfield
St. Louis
Indianapolis
Columbus
Pittsburgh
Baltimore
Washington
District of Columbia
Hamar
Ford
Los Angeles County
Community Bankers Seek Relief From Burdensome Rules
The ABA Community Bankers Division advisory board surveyed 41 bankers from 50 states and D C, identifying regulations that burden customer dealings, internal management, and safety standards. They cited laws like the National Flood Insurance Act and Truth in Lending, urging regulators to ease compliance costs while preserving service, with emphasis on smaller community banks under 150 million dollars in assets.
MENTIONED IN THIS ARTICLE
Community Bankers Division
ABA
District of Columbia
Lt. Hebert, Jr
ABA Community Bankers Division
Fourche National Bank
Thibodaura
Hebert
Phoenix
Ariz
Community Bank
Financial Institutions Regulations
Money Center
Chicago
Congress
National Trade Association of the Banking Industry
Low interest rate draws 100 hopefuls
The prospect of home loans at low rates brought 100 campers to Towson and Annapolis offices to apply under Maryland s Home Financing Program. A $40,000 loan ceiling and $4 million in funds were announced as renters seek relief from rising rent costs.
MENTIONED IN THIS ARTICLE
Towson
Annapolis
Jeff Jolliffe
Baltimore County
Pam
Eastpoint
Jolliffes
Leo Barnes
Baltimore
Also Mentioned on This Page
Dow Jones
Black Dr
CSX Corp
Clorox
Coca € l
Exxon Oe
Fairchild Lad
Fst Md Bac
St 194
IBM
Kmart
K Litton
Marriott Corp
MD NatlCp
Mercantile Bokshi
Mobil
Phil
Penney
Sears
Tandy Texaco
Warner L
Wash Gs
Watkins J
Whittak
M Woolworth
Baker Watts & Co
Frederick
Walter L. Roney
Jenkins Motors
GMC
Leon Baventine
Ram Machines
Roadway
East Tera Motor Freight
F Operatons
Thamond Diseeon
York Mae Carer
Ds Ayet
Prodenten Staytatee
America
Prudential
CPM
Ans
Joseph Granville
Kennecott
Standard Oil of Ohio
Sohio
Bassociated Press
State
State Farm Insurance
John Crawford
State Farm
Crawford
Crawford Pond
East
Radio Shack
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