Bank announces additions

Published 12:00 am Tuesday, March 21, 2000

Two staff additions were announced recently at Lawrence Federal Savings Bank.

Tuesday, March 21, 2000

Two staff additions were announced recently at Lawrence Federal Savings Bank.

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Joe Martin was named manager of the indirect auto loan program, and Mary James was named director of marketing and advertising.

Martin will be responsible for coordinating all indirect programs and applications. He is a lifelong Ironton resident and has more than 15 years of banking experience.

He is a graduate of St. Joseph High School and attended Ohio University. Martin is the acting vice president of Kiwanis club, and he and his wife, Kathy, have a daughter, Erin.

As director of marketing and advertising, Mrs. James will be responsible for annual advertising budgets, marketing campaigns and public relations for Lawrence Federal.

She is a graduate of Rock Hill High School and attended Ohio University. She comes to Lawrence Federal with 15 years of marketing and advertising experience. Having spent most of her life in Lawrence County, Mrs. James lives in Ironton with her husband, Mike, and two children, Sarah and MacLean.

Lawrence Federal Savings Bank has 40 employees at five locations in Ironton, Rome, Chesapeake, South Point and Wheelersburg.

Board members include Tracy Brammer Jr., Herbert Karlet, Phillip McMahon, Robert Taylor and Charles Austin II. The most recent statement of condition released lists assets at $102 million, deposits at $90 million and loans at $79 million. Lawrence Federal is an equal housing lender and FDIC-approved with deposits insured to $100,000.

Banking hours are Monday-Thursday, 9 a.m.-4 p.m. and Friday, 9 a.m.-6 p.m. All drive-thrus open at 8:30 a.m., with Saturday drive-thru hours 8:30 a.m.-noon.

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The board of Firstar Corp. has voted a regular common stock quarterly dividend of 16.25 cents per share. The common stock quarterly dividend is payable April 14 to shareholders of record on March 31.

Firstar Corp. has increased its quarterly stock dividend for 28 consecutive years. The most recent increase was Dec. 14, 1999, when the board increased the common stock dividend by 62.5 percent from 10 cents to 16.25 cents per share on a quarterly basis of 65 cents on an annualized basis.

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Subscribers to Armstrong Cable now may access the Internet through fiber optic cable connection. The service is available to 16,000 Armstrong Cable subscribers in Lawrence County in Ohio, Boyd County in Kentucky and Wayne County in West Virginia.

Cable access to the Internet offers speeds up to 20 times faster than telephone lines, said Mel Yapp, Armstrong Cable’s general manager.

In addition, with a cable modem, the Internet connection is always on. Users will not have to wait while a telephone connection is made or be denied connection by a busy signal.

Subscribers pay a $39.95 monthly fee over and above normal cable charges for the Internet access service.

Jennifer Allen is publisher of The Ironton Tribune.