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April 23, 2005
Jane G. Fitzgerald, 79, savings and loan controller Jane G. Fitzgerald, a retired controller of a Southwest Baltimore savings and loan association, died of cancer Tuesday at the Hospice House of Ellenton in Palmetto, Fla. The former Violetville resident was 79. Born Jane Gray in Cleveland, she was raised in West Virginia and North Carolina, and moved to Violetville's Rockhill Avenue about 1950. She earned an associate of arts degree from what was then Catonsville Community College. She worked for more than three decades at local banks and retired from Leeds Federal Savings and Loan Association as its controller.
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NEWS
By Frederick N. Rasmussen, The Baltimore Sun | May 5, 2014
Evelyn W. Pasquier, who as a senior associate with the old Baltimore law firm of Frank, Bernstein, Conaway and Goldman played a pivotal role in the resolution of the Maryland savings and loan crisis of the mid-1980s, died April 24 in her sleep of unknown causes at her Symphony Center home on Bolton Hill. She was 83. "Evelyn was my right-hand person when Gov. Harry R. Hughes asked me to take charge in all matters relating to Old Court Savings and Loan in 1985," said Shale D. Stiller, who is now a partner at DLA Piper.
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NEWS
December 27, 2002
Roland Kenneth Hurst, a retired wholesale grocery salesman and savings and loan official, died Sunday of heart failure at the Armacost Nursing Home in Towson. The former Guilford resident was 88. The Baltimore native was raised on Abell Avenue in Charles Village and graduated from City College in 1932. He later earned a business diploma at Strayer Business College. During World War II, Mr. Hurst was a sergeant in the Army who worked in troop entertainment. He was stationed in Italy. Mr. Hurst was a wholesale grocery salesman for 30 years at Frey and Son, a business at South Howard and West streets, where he won several sales awards.
NEWS
By Jacques Kelly, The Baltimore Sun | February 16, 2013
James Gabriel Thompson, a retired savings and loan association president, died of cerebral vascular disease Jan. 29 at Oak Crest Village. The former Guilford resident was 84. Born in Baltimore and raised in Gwynn Oak, he was the son of Stephen Thompson, a Baltimore & Ohio Railroad chief clerk, and the former Sue Jones, a homemaker. He was a 1945 Loyola High School graduate. After serving in the Coast Guard in Washington, he earned a degree in business at what is now Loyola University Maryland.
NEWS
By Jacques Kelly | May 11, 2009
Melvin Berger, who founded a Baltimore County savings and loan and was the co-donor of downtown Baltimore's Holocaust Memorial sculpture, died in his sleep Friday at his Pikesville home. He was 76. Born in Baltimore and raised on Whitechapel Road, he graduated from City College in 1950 and attended the University of Baltimore School of Law. He entered his parent's real estate business, William Berger Real Estate, on East North Avenue. In 1961, he founded Yorkridge Federal Savings and Loan Association in Baltimore County.
NEWS
March 28, 2003
Dorothy A. Bendermeyer, a Baltimore resident for nearly all of her life and a retired savings and loan officer, died Monday of complications from dementia at a hospice in Buffalo, N.Y. She was 88. Born and raised in the city, Dorothy Rehbein was a 1931 graduate of Western High School. She worked for Monumental Life Insurance Co., and later at Traders Savings and Loan Association, where she retired in the early 1960s as an assistant secretary and treasurer. She was married for 27 years to John F. Bendermeyer, a city police sergeant who died in 1968.
BUSINESS
By New York Times News Service | September 13, 1991
WASHINGTON -- A top Treasury official said yesterday that the Bush administration had reluctantly agreed to accept a new approach suggested by the nation's senior banking regulator for running the savings and loan bailout.Appearing before a House Banking subcommittee, the deputy treasury secretary, John E. Robson, said that he and L. William Seidman, the chairman of the Resolution Trust Corp., had come up with "something we would find acceptable" to restructure the agency.But Mr. Robson's endorsement of the restructuring concept was tepid at best, and he continued to repeat the adminstration's position that no changes should be made at the agency overseeing the savings and loan bailout.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | March 26, 1997
In an unusual move, BUCS Federal Credit Union has applied with a federal regulator to become a savings and loan.The Owings Mills-based credit union filed an application with the savings and loan industry's regulator, the Washington-based Office of Thrift Supervision, to become a mutually owned thrift.BUCS Federal would become only the third credit union to drop its charter and convert to a thrift, officials with the government and the credit union said.Herbert J. Moltzan, BUCS' president and CEO, said board members agreed to the switch because credit unions are bound by laws that restrict expansion.
NEWS
May 4, 2007
W. Thomas Gisriel, a retired attorney whose specialty was real estate and savings and loan law, died of heart failure Wednesday at the Blakehurst Retirement Community in Towson. The former Homeland resident was 81. Mr. Gisriel was born and raised in Baltimore and graduated from Loyola High School in 1943. His studies at Loyola College were interrupted when he was drafted into the Navy in World War II and was assigned to radio communications. After the war, he returned to Loyola where he played basketball and earned his bachelor's degree in 1948.
NEWS
By Greg Tasker and Greg Tasker,Contributing writer | April 14, 1991
When Pennsylvania-based York Federal Savings and Loan Association decided to expand into Maryland, contiguous Harford County seemed a natural first choice."
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | August 29, 2012
Wilbur D. "Woody" Preston Jr., a retired partner in the Baltimore law firm of Whiteford, Taylor & Preston who was Maryland's special counsel during the 1985 savings and loan crisis, died Monday of complications from Alzheimer's disease at Gilchrist Hospice in Towson. He was 90. Mr. Preston's yearlong investigation into the causes of the savings and loan crisis that swept Maryland in the mid-1980s resulted in the publication of the highly acclaimed Preston Report, which was a thorough and detailed analysis of the debacle.
BUSINESS
By Hanah Cho, The Baltimore Sun | September 16, 2010
Baltimore's Fraternity Federal Savings and Loan Association announced Thursday that it will covert itself from a mutual to a stock entity. The association's board unanimously approved the plan to sell shares of stock in the conversion offering. Fraternity Federal had total assets of $168 million as of June 30. hanah.cho@baltsun.com
NEWS
By Jacques Kelly, The Baltimore Sun | August 7, 2010
William I. Weinstein, a retired attorney and former Baltimore County magistrate, died of multiple myeloma July 26 at Sinai Hospital. He was 82 and lived in Northwest Baltimore. He was born in Baltimore, raised on Ridgewood Avenue and was a 1945 City College graduate. He met his future wife, Loraine Goldsmith, in 1945, when he was 17 years old and she was 15. "It was at my 15th birthday party," his wife said. "My best friend, Dolly, brought him, and my mother said, 'That's the kind of guy I'd like you to marry.'" The couple had a few dates and went downtown for New Year's Eve in 1947.
NEWS
By Frederick N. Rasmussen | September 4, 2009
George W. Barrett Jr., executive vice president of Rosedale Federal Savings and Loan, died Aug. 24 of cancer at his Rosedale home. He was 88. Mr. Barrett, the son of a Cloverland milkman and a homemaker, was born on his grandparents' Port Deposit farm and raised in Forest Park. After graduating from Forest Park High School in 1941, he took a job in the accounting department of Commercial Credit Corp. in downtown Baltimore. He enlisted in the Army in 1942, and served aboard the Liberty ship SS John Murray Forbes in the Atlantic as entertainment coordinator.
NEWS
By Jacques Kelly | May 11, 2009
Melvin Berger, who founded a Baltimore County savings and loan and was the co-donor of downtown Baltimore's Holocaust Memorial sculpture, died in his sleep Friday at his Pikesville home. He was 76. Born in Baltimore and raised on Whitechapel Road, he graduated from City College in 1950 and attended the University of Baltimore School of Law. He entered his parent's real estate business, William Berger Real Estate, on East North Avenue. In 1961, he founded Yorkridge Federal Savings and Loan Association in Baltimore County.
NEWS
February 17, 2008
Jarrettsville bank beginnings go way back On Feb. 22, 1870, the Jarrettsville Building Association met to offer at an auction its first loan of $400. The association was organized in 1869 to promote financial stability after the Civil War. The early directors sought to encourage home ownership and increase saving. The association constructed its own building in 1952 and later changed its name to Jarrettsville Federal Savings and Loan Association. Source: Jarrettsville Past and Present Compiled by the staff of the Harford County Public Library
BUSINESS
April 1, 1992
Loyola Capital Corp., the holding company for one of Maryland's largest thrifts, is getting a more streamlined look as it installs redesigned signs at its 34 branches. The signs cost between $500,000 and $750,000, said William A. Wycoff, executive vice president.The company also changed the name of its subsidiary thrift from Loyola Federal Savings and Loan Association to Loyola Federal Savings Bank, effective today. The change was made in part to put distance between the strong thrift and weak savings and loan businesses, Mr. Wycoff said.
BUSINESS
By New York Times News Service | November 30, 1990
WASHINGTON -- Federal regulators proposed yesterday that savings and loan institutions be permitted to convert to state-chartered savings banks.The measure, which has been pushed hard by savings and loan lobbyists, would further blur the lines between different kinds of savings institutions.It was viewed by some experts as another step in an industry consolidation that would inevitably lead to the demise of savings and loan associations.The proposal was made by the Federal Deposit Insurance Corp.
BUSINESS
January 19, 2008
Washington Mutual Inc. Shares gained $1.09 to $13.55. Turmoil in the mortgage market caused the nation's largest savings and loan to swing to a quarterly loss, but one analyst said Wall Street had expected much worse.
NEWS
By Janet Gilbert | October 21, 2007
I can proudly state that I now know a considerable amount about the savings and loan industry in Baltimore. "Please," I can hear you readers fervently praying, "let us in on some of the complex issues facing the finance industry today. And then wake us up!" For the past six months or so, I have been writing the 100-year history of a truly unique savings and loan association in Baltimore, Eladesor Laredef; its name has naturally been spelled backwards for privacy protection. But I am not going to tell you much about this venerable institution, because that would spoil the book.
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