Bank and Safeway promotions highlight regional business briefs
William Lee Robinson of Stephens City is promoted to Manager of the Strasburg Safeway after five years as Assistant Manager. He is a 1956 James Wood graduate with 20 years at Safeway and experiences in multiple stores. FVBC declares quarterly dividends payable July 24, 1978 to June 30, 1978 record holders. The Commercial and Savings Bank names Larry P. Anderson and Mrs. Virginia S. Miller as assistant vice presidents, and promotes Daniel J. Perry to assistant cashier. Anderson brings community leadership and banking background. Miller and Perry hold various banking qualifications and professional memberships.
MENTIONED IN THIS ARTICLE
William Lee Robinson
Stephens City
Strasburg Safeway
Robinson
Middletown
James Wood
Winchester
Middleburg
Front Royal
Strasburg
Safeway
Lord Fairfax Community College
Larry P. Anderson
Virginia S. Miller
Commercial and Savings Bank
Anderson
C & S North Branch
Miller
Weems Lane
Daniel J. Perry
C & S$ Main Bank
Urgalgina
American Institute of Banking
Prudential Insurance Co
Shenandoah Gas Co
Robert A. Miller
James Wood High School
O'Sullivan Corporation
Refute United Methodist Church
United Methodist
Bank
Perry
Tacoma
Wash
Wakefield School
Arlington
William and Mary College
Williamsburg
Larrick and White
American and
Virginia Bar Associations
Winchester-Frederick County
Treasury
Edwards
Bank of Virginia
Ebnor Mercer
Cindy Cloud
Bank of Freder Frederick County
Carter Named Corporate Controller at Allegheny Freight Lines
Dale R. Carter is appointed Corporate Controller of Allegheny Freight Lines Inc. by president Jack E. McAboy. Carter, formerly Controller at Shockey Industries, brings CPA credentials, U S Air Force service, and degrees from Northern Illinois University. active in CPA societies, Virginia sports and community groups in Charlottesville and Winchester.
MENTIONED IN THIS ARTICLE
Jack E. McAboy
Allegheny Freight Lines, Inc
Winchester
Dale R. Carter
Carter
Allegheny
Shockey Industries, Inc
State Farm Auto Insurance
Hantzman, Wiebel & Co
O'Neill Enterprises, Inc
Charlottesville
Northern Illinois University
U.S. Air Force
Blue Ridge
Cpa's
Virginia and American Societies
Virginia High Schoo Football Officials Association
Kiwanis
Board of
Judges Athletic Association
Braddock Street
Tax Sheltered Investments A Wise Guide for Cash
Laurence B. Rossbach of Drexel Burnham Lambert spoke in Winchester about tax sheltered investments for wealthy individuals with spare cash. He outlined shelters in oil and gas, cattle feeding, and real estate, noting tax breaks can amplify returns but urged consulting professional advisers and thorough due diligence before investing substantial sums.
MENTIONED IN THIS ARTICLE
Star
Laurence B. Rossbach
Drexel, Burnham and Lambert, Inc
Rossbach
Winchester
Drexel, Burnham and Lambert
Sam
IRS
Thes Investments
New six month and eight year bank certificates rival Treasury bills
Banks and savings institutions began selling six month certificates linked to Treasury bill rates, and eight year certificates offering up to 7 3/4 percent. Treasury bills still yield more after taxes, and bills plus fees can be cheaper. Certificates offer insured deposits and flexible denominations but tax treatment and after tax yields vary. Citibank and Bowery Savings led the rollout. eight year issues lack enthusiasm.
MENTIONED IN THIS ARTICLE
N.Y. Times News Service
Treasury
Savings Banks
Savings and Loan Associations
Federal Reserve Bank
Federal Deposit Insurance
Savings Bank
S.&l
New Certificates of Deposit Spark Local Bank Debate
Area banks and savings and loan associations roll out eight year CDs at seven and three quarters percent while six month CDs vary by institution. Bank presidents discuss liquidity, inflation protection, and potential impact on mortgage lending and savings flows.
MENTIONED IN THIS ARTICLE
Citibank
New York
Bowery Savings Bank
United States Treasury
Wevear
Savings and Loan
Farmers & Merchants National Bank
Wilbur Feltner
Feltner
George Froom
Shenandoah Valley National Bank
Froom
SVNB
Treasury Bill
Bank of Clarke County
William Willson
People’s Bank of Front Royal
Also Mentioned on This Page
West Virginia Air National Guard
Opequon Memorial Presbyterian Church
Connie DeHaven
FVBC
First Virginia Bankshares Corporation
Ralph A. Beeton
C&s Promotions
Bilco
Americas
Commerce
Roger L. Miller
Sunnyside
Nassau
Earl Foreman
Old Dominion Savings & Loan
Foreman
Bank of Savings and Loan Association
Deborah Braithwaite
Heritage Savings & Loan
First Federal Savings & Loan
James L. Silvester
First Federal
Silvester
Avis
del Frye Shell Service Center
Millwood Ave
eWinchester
Chrysler
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