Herald & Lantern 18 April '84

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high quality health care AT AFFORDABLE PRICES Jwiay Cap* Vrtttlnp Homemaker Service lec Health care in your home

Fottv 4 Oor«lic «*om

GEORGE SIMMONS WElBtHS

CAPE MAY

Vlne*m L. Fulgln TO®AL FINANCIAL PLANNING J )» 6OT0

ALL YEAR

u S Hwy 9. Cape May 804 4777 [Across from the Lobster House)

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MAJOR or minor repairs

FOR INFORMATION ON THIS SPACE CALL 465-5055

BERNIE’S

FOREIGN CAR SERVICE All Types ol Forergn Car Repairs Mon Ft, 8 6»Sar 8 301?

BEAVERDAM RC

80 DENNIS

Pictured is JEANNE RUSSO of JERSEY CAPE

861-2137

IIOMEMAKKRS SER VICK INC. Organized in 1959. they offer high quality health care in your home at affordable prices Located in Rio Grande at the Social Services Bldg call 886-8988 or 886-0188. y

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OPEN ALL YKAR 7 DAYS Axelsson & Johnson Inc Retail J-'vih Market 884-8426 Ocean Dr.. Cape May. NJ

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iflto if land £,«uol Slot,

(TNTOIH BlalKDS

R&B •“

Home Insulators

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CAPRIONI SEWERAGE SERVICE CltANWO CESSPOOLS I SEPTIC TANKS RENT PORTABLE TOILETS BY MO , WEEK. DAY Box 278, Woodbin. Rd Beileploin, N.J. 08270

WO\ F> WOO IIS Lary A rwloo?

FREE ESTIMATES

F11.1.Y INSURED 465-5776

»OP^i*alTyeah ^wloXouo. n j

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iVe Place Your Insurance Direct BEECHER-KAY REALTY CO OVER 70 YEARS EXP INSURANCE & REAL ESTATE RESIDENTIAL & COMMERCIAL 101 E. Wildwood A Wildwood 522-2434

OCMN VIEW saf STORAGE

FREE DEUVERY LOWER CAPE FENCE CO. INC

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[ SALES RENTAL SERVICE BANDOCH WATKItC^HK SERVICE

SERVING CAPE MAY COUNTY OVER 65 YEARS

Dtv. of Jam** Otton Raal Eat. Inc. Sen/mg Cape May County, Since 1954 JOHN M. RICHARDSON AGENCY AUTO-UFE-FIRE -HOME-COMM.MARINE STOWE HAflflOR 368-8128

GRACE OIL CO.

KtROSENE-GASOLINE FUEL OIL BUOGET PLAN OIL BURNER SERVICE 101 E 5th A.. 522-2421 N. Wildwood 399-0450

FOR INFORMATION ON THE BULLETIN BOARD CALL 465-5055

Herald & lantern 18 April '84

business

49

Sturdy Paying Highest Money Market Interest

By JOSEPH R. ZELNIK For the first time in more than a year, there’s a new leader in the competition for highest interest rate paid on insured money market deposit accounts in Cape May County. Sturdy Savings & Loan of Stone Hdvbor normally second or third in the 15-financial institutions race, topped them all last week with a 9.66 percent rate. First Savings & Loan of Sea Isle City, the leader for aboout a year, was edged by one one-hundredth of a percentage point. It was

GLORIA. M. PARKER

Promoted By Bank

paying 9.65 percent, interest last week. Crest Savings A Loan was third with 9.25 percent. KEY TO THE CHANGE was the 91-day U.S. Treasury Bill. Many of the county s financial institutions used to peg their money market savings account interest rates to the T-Bill. Now only Sturdy does. Those rates have climbed, and Sturdy’s along with it. First Savings continues to pay the highest “Super Now” account interest rate. The “Super Now” is similar to the insured

Business Symposium

MAYS LANDING - Students from five Cape May County high schools will compete in the First Business Symposium Wednesday, May 2, at Atlantic Community College. The competition will range from typing and shorthand to economics and business law. Schools to be represented are Lower Cape May Regional . Middle Township, Ocean City. Wildwood, ‘and Wildwood Catholic. The symposium is sponsored by ACC's Business Division. Trophies will be awarded in each categroy and a grand prize will be awarded to the school with the most points.

COURT HOUSE - Local resident Gloria M. Parker has been promoted to trust officer by Horizon Trust Co. of Morristown. She is a trust administrator in the firm's Linwood office. Mrs. Parker lives with her husband. Charles, and two children. She joined Marine National Bank, a subsidiary of Horizon Bancorp. in 1981. as a management trainee. She later advanced to a trust administrative position. A graduate of Towson State University in Baltimore. Mrs. Parker has completed graduate work at Salisbury State College and the New York State Bankers Association Estate Administration School. Befoe joining Horizon, she was a junior high school teacher.

the dull disagreeable tap water habit. Ozone Pure Water Co. delivers dear bottled waters in sizes to fit your family needs with dispensers to match.

Everything you make with water tastes better with Ozone Pure Water!

money market deposit account, but it permits unlimited checking. First is paying 8.9 percent on that account, followed by 8.66 percent at Ocean City Home Savings & Loan and 8 percent at Union Trust Co. of Wildwood. THE INSURED , money market accounts were created in December 1982 and hold an estimated $100 million in Cape May County. They require a $2,500 minimum and permit a maximum of six transactions a month, three of them checks. Some of the financial institutions have maneuvered a way to link money market accounts and checking accounts in such a way as to permit unlimited checking. The spread in money market account interest rates in the county is as much as 1.5 percent and the spread in Super Now is as high as 2.4 percent, indicating consumers would do well to shop around. 'Customers of First Jersey Bank South, which acquired Guarantee Bank earlier this year, have a right to be confused about their money market accounts. If they were with Guarantee, they still have

so-called GMMAs which last week were paying 8.3 percent. If they were with First Jersey, they have socalled LIAs which last week were paying 8.15 percent. • First Jersey .liked Guarantee's GMMA so much that it has adopted it and is no longer offering LIA to its new customers. GMMA's appeal is the aforementioned connection to one's checking account. Following list in alphabetical order gives last week’s money interest'

rate following by the Super Now interest rate at the county’s 15 financial institutions: Anchor Savings A Loan. 8 5. #.25. Cape May County Savings A Loan. 8.8. 6.5. Citizens United Bank. 8.25. 6.75. Collective Federal Savings A Loan. 8.7. 7.85 Crest Savings A Loan. 9 25. 8.25 First Jersey National Bank South: GMMA. 83 and no Super Now; LIA. 8.15, 6.68

First National Bank of Tom’s River, 8.5. 7.75. First National State Bank of South Jersey, 8.5,

Mdrine National Bank, 8.3. 7 Ocean City Home Savings A Ixoan. 9. 8.66 Security Savings A Loan, 845.17.15. Sturdy Savings A Loan. 9.66, no Super Now. Union Trust Co. of Wildwood, 8.4, 8.

StoSfar

uaketTdatO I Ml IEIM i> I I 11 1' I. ' 1 1

“ASK ABOUT DISCOUNTS FOR DO-IT-YOURSELF KITCHENS" WE INVITE NEW CUSTOMERS . KITCHENS FOR EVERY BUDGET . COMPLETE APPLIANCE SELECTION IN-HOME SERVICE U.S. HtVV. NO. >

FREE ESTIMATES IN-HOME SERVICES 465-7039 BURLEIGH (CAPE MAY CT. HS.)

Student at Convention CAPE MAY — Rebecca Chelius, at first-year student in Atlantic Community College’s hotel management program, will attend the annual student convention of the Hotel Sales Marketing Association International April 27-30 in Houston, Tex. She is vice president of ACC’s chapter of HSMAI. Ms. Chelius is the daughter of Dr. and Mrs. Thomas Chelius of this city. -Her trip i.> being sponsored by the Hotel Sales Marketing Association - Atlantic City Chapter 1.

FREE Horev Delivery (609) 645-1 AUxralc <Jty (609) 964-2400 Camden

START GETTING

YOUR

MONEY’S WORTH OUT OF

YOUR

CHECKING ACCOUNT. Don't let your present checking Recount coet you money. Switch to e Cape May County Savlnga » Loan NOW account and earn 51454 Internal (compounded dally)

A CMCS&L NOW account works like any regular checking account only better. You earn 5V*Ali interest without any service charges. |utl by maintaining a balance of $200. We give a monthly statement which Includes your cancelled check*

and the interest you've earned Say goodbye to checking that costs you money Come to any ol the CMCS&L offices and let us show you how you can make it start earning interest, NOW 1 WeTI give you your

money'a worth.

YOUR TRUST HAS MADE US STRONG

cape May county Savings A Loan

Wfre In the business ot making your money make money.