Word: deposit
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CHANCE will deposit the scholarship donationsin the Philips Brooks Endowment Fund and, byreinvesting part of the interest, can double thescholarship fund in the next 15 to 20 years, saidDavid E. Rogers '88, development director of thePBHA endowment...
WASHINGTON--President Reagan's advisers yesterday recommended curtailing deposit insurance for bank and savings and loan accounts, triggering swift negative reaction from Congress and the Treasury Department...
...hearing of the House committee, Wylie said, "Curtailing deposit insurance is not an option and will not be considered" as part of the S&L plan being developed by Treasury Secretary Nicholas F. Brady, who is staying on in the Bush administration...
...Henry B. Gonzalez (D-Tex.), chairman of the committee, did say a gradual reduction in deposit insurance may be considered as part of solving the S&L crisis. But he also said such a proposal "is a very serious matter, not a matter to be thrown out as a trial balloon...
...your friendly U.S. Postal Service. When after-hours depositors sought to stuff their cash receipts into night depositories at a number of Dallas-area banks, they found the slots jammed and an official-looking notice that read: TEMPORARILY OUT OF ORDER. PLEASE UTILIZE THE U.S. MAILBOX FOR YOUR NIGHT DEPOSIT. Sure enough, one of those familiar curbside mail drops had been placed invitingly at hand to accept the money...