Word: stodder
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Dates: during 1980-1989
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...personal computer to check his balance at BankAmerica and transfer money between accounts. With his lap computer, Larry Lape, a business executive, does much of his personal banking from hotel rooms ; hundreds of miles away from his hometown Huntington National Bank in Columbus. Without leaving his home, Page Stodder, a Cleveland investment banker, can use his PC to pay bills from 82 different companies. Says Stodder: "It's faster than writing checks, putting stamps on envelopes and taking them to the mailbox...
...retirement funds. "It makes juggling accounts more manageable," he says. "You can be more daring." Kathryn Dallam, a secretary at IBM, rationalizes the $12 monthly cost of her Pronto service, claiming that home banking saves her $20 a month in stamps, envelopes and transportation costs. And Investment Banker Stodder blames himself, not the system, for electronically sending his cleaner $580 instead of the $55 for which he was billed. Says he: "I'm just letting it ride by sending clothes over there to be cleaned until the credit is used...