56 bu SI neSS Herald & Lantern 18 luly '84

Super Now Super 9.04 At Ocean City Home S&L

By JOSEPH R. ZE1.MK After three weeks of using "management decisions" to determine its Super Now account interest rates Ocean City Home Savings & Loan has returned to the old reliable 91 -day Treasury Bill rate, minus 1 percent: As a result. Ocean City last week was paying 9.04 percent interest on that account. which is identical to the insured money market savings account ($2,500

minimum), but offers unlimited checking That's 2.5 percent more than the lowest Super Now rate in the county Ocean City S&L President Robert Smith said the institution returned to the T-bill indexing "to keep the rate in perspective." That's what he said last month when he dropped the T-Bill. Whatever the reasoning, the account is a muchignored way for persons or businesses which write

quite a few checks to do a lofc better than the 5'4 percent many checking accounts are paying In the insured money market savings account competition. Sturdy Savings & Loan continues to pay the county's highest rate, based on the T-bill minus 25 Sturdy, which offers no Super Now, was paying 9.79 percent interest last week, trailed by First Savings & Loan. 9.65. Ocean City. 9.3; and Crest

<' Savings & Loan. 9J5. The T-bill, of coirse, is on the rise and was paying 10.04 percent last \jfeek. Worth considerra is frequency of compounding. Ocean City conramnds the money marked vlaily. the Super Now monthly. Sturdy and Crest cHmpound monthly; First Savings daily. The insured money market account requires a $2.5tX) minimum and permits a maximum of six

transactions a month, three of them checks. Following list, in alphbetical order, gives last week's money market interest rates being paid by the county's 15 financial institutions. Anchor Savings & Loan. 8.9, 7.4 Cape May County Savings & Loan, 8.85, 6.5. Citizens United Bank. 8.5, 7. Collective Federal Sav-

ings & Loan. 9. 8. Crest Savings & Loan, 9.25, 8.25. First Jersey National Bank/South. GMMA, 8.55, no Super Now; LIA, 8.5, 6.77. First National Bank of Tom's River. 8.75. 8. First National State Bank of South Jersey. 8.95 7.3. First Savings & Loan. 9.65. 8.9. Heritage Bank. 9. 7.65. Marine National Bank. 8.75, 7.25. Midlantic Union Trust Co. of Wildwood. 8.7, 7.5. Ocean City Home Savings & Loan. 9.3. 9.04. Security Savings & Loan, 9. 7.25. Sturdy Savings & Loan. 9.79. No Super Now.

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ShopRite Has Tips on Meat

ELIZABETH - What's your meat IQ? Try ^his simple true/false quiz: —Ham steak can be more expensive than a « whole ham. —Chicken breasts are usually a better buy than legs or thighs, because they yield more edible meat per pound. —More quality will be retained during freezing if you place securely wrapped meat next to the freezer wall until it is

frozen through. —Savvy shoppers save money by figuring meat budgets by cost per serving, not cost per pound. If you answered "True"' * to the above questions, pat yourself on the back. But these are just a sampling from "75 Meat Trips," prepared by the Consumer Affairs Department of ShopRite Supermarkets. THE £REE pamphlet is now available in the Consumer Information Center

located in each ShopRite store. The informational brochure covers everything you need to know about meat, in- ' eluding shopping, preparation and cooking, refrigeration, leftovers, nutrition and carving. For example, the pamphlet explains how to get more calcium from bone-in meat dishes by adding an acid food, such as vinegar or lemon juice. Or that variety packages of luncheon meats are more ex pensive than one-of-a-kind packages. Or, if you take the time to slice your own bacon you'll achieve significant savings and also be able to use the rind for flavoring stews or vegetables. For further information on deriving as much nutritional value from meat while staying within your food budget, contact the Consumer Affairs Department, Shopkite Supermarkets, 600 York St., Elizabeth, NJ 07207, or drop by any ShopRite store.

Marine Names 2 As Branch Heads^

WILDWOOD - 'Marine National Bank has appointed new managers in its .Court House and Marmora offices, it was announced by Philip W. Koebig III. president and chief executive officer. Judith L. DeOrin has been promoted to assistant vice president and branch manager. Court House of fice. Prior to her promotion she was manager and" business development officer at Marine National Bank's Marmora office In her new position she is responsible for business development and the total . operation of the Court House office. DEOKIO IS active in Cape May County civic affairs. She serves as a member of ^he Cape May Historic District Commission. th^ Cape May County Art League. Mid-Atlantic Center for the Arts. Cape May Vintage Heme Owners Association and other community groups She holds certificates from the Mellon School of Banking and American Institute of Banking A graduate of New York University with a

Diplomate Degree in Fine and Professional Arts. DeOrio joined Marine National Bank, in January. 1980. She resides in Cape May. Wesley Evans has been promoted to banking officer and manager. Mar mora office Prior to his promotion he was senior customer service representative. Wildwood Office. In his new position he is responsible for the dailyoperations of the Marmora office and business development in the Upper Township area. EVANS WAS awarded to John Johnson Award from the American Institute of Banking in 1976 This prestigious annual award is made to a banker who consistently maintains the high standards of professionalism and integritynecessary for success in banking. He joined Marine National Bank in June 1982 Prior to joining the bank he was with Guarantee Bank He is a member of TrinityUnited Methodist Church. Marmora, and resides in Upper Township Marine National Bank has 12 offices in Atlantic and Cape May Counties with assets now in excess of $200 million It is part of Horizon Bancorp, the fourth largest bank holding company in New Jersey with illegal DRUGS users become losers

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