Greeley Daily Tribune from Greeley, Colorado on March 12, 1976 · Page 13
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Greeley Daily Tribune from Greeley, Colorado · Page 13

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Greeley, Colorado
Issue Date:
Friday, March 12, 1976
Page:
Page 13
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Fri.,M»rch 12,1»7I CREELEY (Colo.) TRIBUNE March Festival Of Values Score a point for beauty! A shining beauty touched with gold. Black Patent, Camel Kid and Navy Blue Kid and White Kid. air step. Plume Glory like fit with looks that are perfect for everything. Black Patent, Camel Patent and White Patent. A dress-up shoe with your kind of heel. Tailored and natural in soft leather. Bone Calf, Navy Calf, Red Calf and White Calf. life Stride. SHOES Sonata Reg. 24.00 199 $ 19 ! Beautifully bared with open toes and stacked in your favor. Brown Calf. life Stride snccs Escape Reg. 22.00 99 A cane wrapped wedge and punched leather with a crepe sole. Bone Calf, Rust Calf and Red Calf. 356-8440 Instant Credit? Yes! Just use your major credit card with TM" rs: suitable identification and receive Mon.-Fri. 10 a.m..»p.m instant credit at McDonald's... so »'· '«··'«·-· «·"· easy and convenient! Fr« Gilt Sun. Noon-5p.m. Wrapping and Alterations. Three ma/or bonking bills win preliminary approval By CARL HILLIARD Aiuciitcd Preii Writer DENVER (AP) - Three major banking bills won preliminary approval in the Colorado House of Representatives late Thursday night, but sponsors of the measures worried whether their support would hold through final debate today. The bills would bar "redlining" or discriminatory loan practices by larger banks; allow limited branch banking as well as growth by bank holding companies, and set regulations for the use of Electronic Funds Transfer Systems. The first measure, 11B 1219 by Rep. $ei\y (Men, D-West- minstcr, would require banks with more than 15 million in assets to disclose their interest rates, show the length of loans and the terms for them, and also disclose their location. The banks would be required under the bill to report that information to the Department of Regulatory Agencies for public disclosure. Briefly, the bill is aimed at clamping down on banks and savings and loan associations who refuse, or "redline" home loans in neighborhoods where there is a high risk that the borrower will default on them. The second measure, HB 1220, by Rep. Robert Ore, D- Pueblo, would allow commercial banks to have one branch in the six Colorado counties where there are no banks now, or in 13 areas where there is only one-bank. At the same time it would allow expansion into metropolitan areas, such as in Park Hill of Denver, or other sections of north Denver, where there is a relatively low volume of bank- ing business. Branch banking is now barred by state law. It also calls for limiting the size of each multibank holding company in the state by forbidding its total deposits to exceed 10 per cent of the total deposits of all depository financial institutions in the state. The third measure, HB 1221, also by Ore, was aimed at using a public utilities approach to the regulation of electronic banking machines, in addition to licensing provisions and mandatory sharing. The EFTS concept marks the progress of a "cashless society," Ore told lawmakers Thursday night. While he does not look at that phenomenon with enthusiasm, he said, he feels it is already in progress, and safeguards must be drawn. Under EFTS, an individual could, by use of a small plastic or metal card, deposit his paycheck in a bank or savings and loan association, use that same card for withdrawal or transfer, or use it at any number of shopping centers or department stores in place of cash or check, to make purchases. House members, apparently taking a cue from the Senate, stripped branch banking provisions from Ore's second bill, leaving it to apply only to the question oT limiting the size of bank holding companies. But as weary lawmakers completed debate on the question and the time neared for ratification of that action, Ore rallied support and replaced that section of the bill. Vote on restoring the branch bank provision was 33-19, and occurred at 11:15 p.m. Earlier this week Senate members killed a bill by Sen. Fred Anderson, R-Loveland, that would have allowed branch banking, but gave preliminary approval to an EFTS bill. They delayed a final vote on that measure, however. Lobbyists representing large banks and branch banking- gathered in little groufM ufoth- erwise-empty halls and in the gallery Thursday night as the issue.wavered back and forth. .And savings and loan associations, who have already begun implementing the use of EFTS facilities, also watched as that issue was debated. In other action the House approved a bill that would return approximately 117,5 million to Colorado taxpayers in the form of a $9 income tax credit through the food sales tax credit. Tliat would apply to the 1975 state income tax return. House members also okayed a bill establishing a Colorado Bureau of Indian Affairs, and appropriating $20,400 for its operation. The bureau would be in the office of lieutenant governor, and include the executive, directors of most of the state's departments, as well as representatives of the Lite Mountain and Southern Ute tribes, plus two at-large members, presumably to represent the urban Indian population. A LITTLE LEARY PERSON WITH OSU/XUUV NEEDS ITTO SUPPORT two NYLON SLEEPWEAR SPECIALS! LONG GOWNS z go Reg. 9.00 and 10.00 «·'' SHORT GOWNS A 00 Reg. 8.00 H ' 7 7 Enjoy the luxury of nylon Crepeset nighties plus the bonus of savings! Long and short styles in bashful pastels, lavishly embroidered and trimmed with lace. Girls' favorite big tops in new Spring pastels Just arrived-tie-front and smock style jean tops in prints and stripes on easy-care poly/cotton. Naturals, pastels, 7-14. Girls' jeans by Luv-lt in six pastel shades $ 14 Choose front-zip with penny pockets or double-zipper style, in green, peach, yellow, white, pink or blue poly/cotton, 7-14. Save over 15% on girls' novel T-tops 2 50 Great jean tops for school or play! Girls love the super heat transfer motils on poly/cotton crew necks in assorted pastels. Mom, they're completely washable! Sizes -1-Sx. Giffs' pre-washed and tie-dye jeans 5 99 Save on your choice of pre-washed denim and polyester jeans with flare legs or ombre tie-dyed jeans in rust, blue or rose. Sizes 7-14. Buy several pair and save more! Instant Credit? BankAmericard Master Charge Layaway 356-8440 8 ree ey Hours: Mon.-Fri. 10 a.m.-? p.m. Sat. 10 a.m.-6 p.m. Sun. Noon 5 p.m. Use Our LayAway Plan At No Extra Charge! Just use your major credit card with suitable identification and receive instant credit at McDonald's ... so easy and so convenient. Free Gift Wrapping and Alterations

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