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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Feb 18, 1966
Page
8
Financial institutions race to attract savers as U S Savings Bonds yield rises from 3.75 to 4.15 percent. Banks explore certificates and higher dividends to compete with tax deferred bonds, with commercial banks capping at 4 percent and mutual savings banks boosting to 4.5 percent.
In recent months the race for funds intensified as banks boost time deposit rates. Many institutions, especially on the West Coast, now offer 4.85 percent. A few have...
AP reports that when President Johnson stays at the Texas White House future dispatches may carry a San Antonio dateline rather than Austin after a survey of local facilities by press and security experts. Also included are brief items from Ottawa Aronne and Concord.
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