Citibank offers Home Equity Program in Syracuse area
Citibank (New York State) launches a Home Equity Loan Program allowing homeowners to borrow 5,000 to 75,000 for 5 to 30 years up to 85 percent of market value minus first mortgage. Rates 17.5 to 19.5 percent plus two points. Programs also in Liverpool and Long Island.
MENTIONED IN THIS ARTICLE
Citibank
New York State
Syracuse
Barry B. Clements
Citicorp
Warren Street
Liverpool
Clements
Long Island
Upstate
Citbank
Savings and Loan Associations
Recession yields work for troubled-firm consultants
A.B. Getzler Co of New York says recession woes can boost demand for consulting firms that help near bankrupt companies. Their steps include evaluating top executive style, interviewing customers about product and service issues, and deciding if new financing is needed.
MENTIONED IN THIS ARTICLE
New York
A.B. Getzler Co
Getzler
Johnston's Market Outlook Sees Shifts Away From Oil
Johnston predicts sunnier days for conservative instruments like long term bonds and for intra sensitive stocks in savings and loan firms banks and drug firms. He sees a turn away from oil as the leader and notes brokers now serve small investors as brokerage houses broaden beyond stocks. More people with smaller sums will invest, seeking options beyond equities.
MENTIONED IN THIS ARTICLE
Johnston
Mortgages See Rates Fall Amid New Arm Trends
Merchants' Myers predicts rates slip from 15.5 percent toward 14 by July, tied to softer money demand and inflation. Real estate officials in Eagan note lower rates likely boost residential activity, while bankers push new variable and renegotiable rate mortgages, including ARMs and RRMs, to reflect inflation and risk.
MENTIONED IN THIS ARTICLE
Myers
Grover
New York
Sun Belt
Arm’s
Oliver
Seneca Federal
Huttons deploy distributive information system for securities
E F Hutton announces a nationwide distributive information system with 21 mini computers across 15 regional bases including the Western Electric Building. The Syracuse office gains a video display terminal enabling brokers to recall client data, portfolios, and positions in about two seconds, transforming local operations. Daniel Johnston notes speed and home integration as future goals and urges a general store mindset for brokers.
MENTIONED IN THIS ARTICLE
E.F. Hutton
Syracuse
Warren Street
George L. Ball
Western Electric
Daniel Johnston
Hutton
Johnston
New rules spark banking competition and consumer shifting
Bank deregulation prompts a banking war with savings banks and credit unions poised to offer similar services as commercial banks within six years. Consumers may see modest gains as banks compete on efficiency and savings returns, though he cautions gains will be gradual and not life changing.
MENTIONED IN THIS ARTICLE
Robert E. Wehrle
Marine Midland Bank
Richard Oliver
Seneca Federal Savings & Loan
Also Mentioned on This Page
Joseph A. Porcello
Key Bank
Central New York
Ing
Syracuse Savings Bank
Salina
Eng Boulevard
James
Hickok Avenue
Warren
Onondaga East
Genesee Street
Maple Drive
Circle Dave
Penn
Can Mall
Highbadge
Fayetteville-Mantus Rod & Onondaga Hill
Oswego Rad
Bayberry
FDIC
Commodity Index
Advest
Master Securities Exchanges
Boston
Buffalo
Hartford
Philadelphia
Advent Lini
Syracuse, Nyt
Amny
Pinadtefesterdity Direrineve Uivestinnerteleasesa cc Reilicare Satch Pet
Adios
Phong
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