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Show The National Enterprise, July 27, 1977 Until Page three it grows, Officials at five new banks approved for Sandy fear the rash of applications there may delay the recovery of initial opening costs and postpone profitable operations until Sandy grows to accommodate the new offices. In a defensive move. s Walker Bank, and First Security applied for Sandy branches after receiving notice that Sandy State Bank had made application for a unit state bank there. (State law forbids the establishment of branches in all cities but Salt Lake where a unit state bank is headquartered.) Officials of the three banks say their applications were an at Tracy-Collin- Sandy could be tempt to get their foot in the door before the approval of Sandy State precluded their chances for future offices in Sandy. Commissioner of Financial Institutions Smoot Brim-hathis month approved four branches (including an apll plication from Valley Bank received prior to the state bank request) and then approved the unit state bank, cutting off any future branch application for Sandy. The five banks have one year to open, according to state law, but officials at several of the banks say their facilities will not be needed for two or three years. Were counting on fu- ture growth, Lyn R. Williams of Walker Bank says. We dont anticipate a profitable performance for at least three years. Our application for the branch was in reaction to the state bank application. Several of the branches expect to retain temporary facilities in trailers and maintain a low profile until population growth merits construction of permanent fa over-bank- ed cilities. But even with the they have little exfor initial success. pectation It will be a long pull before any of the new branches become profitable, Gill Shelton, president of s Were says. down to the road the looking future, and our application was just a positioning process to include us in Sandy's position since, unlike the other new facilities, it doesn't have the support of a parent low-overhea- bank. But were very president Ronald A. We hope to Carnago says. outshine the branches by being Sandy's very own bank, our slogan. The state bank expects to open in August, but the four branches have not yet com- Tracy-Collin- future." Sandy State Bank could be in the most precarious mitted themselves to an ing date. Olympus Media sells Bernard P. Lee, manager of Olympus Media, a division of Olympus Publishing Co., liked his job so well he bought the business. Lee this month purchased Olympus Media and opened his own corporation. Film Works, Inc. to write and produce 16mm films for educa tional systems, industries and television commercial at his office 350 So. 400 E. Lee is currently working on a series of six film strips and a motion picture for the U.S. Department of Education entitled Home Based Career Education. Mr f i f. Say good morning to a Kangaroo Treebine, A It could be the start of a beautiful working partnership. You and the Kangaroo Treebine. Or the Fiddle-leFig. af Pigmy Date Palm. Pilea. Good to look at. Good to work with. Relationships like this don't just happen they're made to happen. By Plant Works' professionals who plan and maintain them. Because the Plant Works specializes in Business leasing and Maintenance. The atmosphere of an office. The advantage of generative surroundings. Because a man should control his work, not the other way around. Wrandhi (irench) n. instrument used by Morris Told Plumbing to fix or repair boilers. 2. An instrument used by Morris Told Plumbing to fix or repair water cooled refrigeration units. 3. An instrument sometimes used by Morris Told Plumbing in the installation of industrial lawn sprinkler timers. 4. An instrument used by Morris Told Plumbing to fix or repair equipment and other medical facility units. 1. An See also Business Plumbers. Speciality Plumbing. Gtuul Prices or call $ d1 r0 tlic PLANT -- WORKS Business Leasing and Maintenance 245 Trolley Square 488 East 1st South 322-320532-177- 583-057- 0 TPWRMMm -- Free Estimates- - opti- mistic. 8 1 open- |