The Battalion. (College Station, Tex.) 1893-current, November 03, 1980, Image 5

Texas A&M Newspaper Collection

The Battalion. (College Station, Tex.) 1893-current, November 03, 1980, Image 5

Newspaper Page Text5t ers ocal THE BATTALION MONDAY, NOVEMBER 3, 1980 Page 5 ch bankim and the * lat unmai® t: * tu te brand! I Hale, e , % Natioi 3osed aim from the a MPACT: money anytime savings; ready allow, le said. \ )laying (j e |j f us need mpetitive •dual footing esident of I in of Texas. > oppositioi; savings an- e restriction of the ATM; graphic restj st be placi he bank 2 event that one count) 1 , 'ndmentwil, T out allSur ATM witln ncluding transfer of ;s and old ;e inquiries, he netwoih rer cities using f their haul, spensal onli, e, counsel i' Banken.ts I) : tion is er the pi nth other quested to Staff photo by Pat O’Malley This MPACT machine makes money available to Bank of &M customers 24 hours a day. Voters will decide Tuesday if ese machines could be located away from participating ianks. By VENITA McCELLON Battalion Reporter Absolute frustration is common around midnight when the hungries hit, there’s no cash in the house and no hope of having a check cashed anywhere in town. It is time to rush to the computer. Computerized banking has become popular across the state with the use of 24-hour automatic teller machines (ATMs). An example of an ATM here in Bryan-College Station is the MPACT system. MPACT is used at the Bank of A&M, while University National Bank uses a similar system called ANYTIME. An ATM works with a card much like a credit card. Account holders are given a card, then issued a personal identification number (PIN). ATM is available for drive-through customers, who insert their card, punch in their PIN and indicate the service they want. Services available at such machines include cash dispensing in $5 units, transfer of funds between checking and savings accounts, de posits and balance inquiries. The MPACT card is also good for cashing checks in other cities across the state, said Cathy Oberkampf, cashier at the Bank of A&M. San Antonio, Houston, Dallas, Ft. Worth and Austin also have MPACT syterns available. In July MPACT cards were sent out to all checking account holders, as it became the first ATM system in town. Those customers issued cards were given the service free, although a $1 monthly charge will begin Nov. 1. The MPACT system now has about 4,000 active accounts, judging from statistics from September, Oberkampf said. “We’ve had over 20,000 transactions in September,” Oberkampf said. She said there is often a line at the two machines, especially from 5 to 10 p.m. weekdays and on weekends. Although there was a problem with maintenance on the machines at first, Oberkampf said that during the month of September one machine was working 97 percent of the time and the other 89 percent. “I’m very thankful that we have two machines,” she said. “They are very seldom down at the same time.” The only problem customers have had with the MPACT system is in bookkeeping, Oberkampf said. “The machine automatically debits accounts, but doesn’t credit accounts immediately with deposits,” she said. Also, the MPACT deposits are only more convenient in allowing the customer to make all deposits from his car, Oberkampf said, but it’s not necessarily faster. All deposits must still be verified by a teller, like night deposits. For example, if a customer plans to cash checks through the MPACT machine from a deposit made at the same time, the account will be overdrawn because of the delay in processing the deposit. Oberkampf said, however, that the advantage of MPACT deposits over night deposits is that an acknowledgment is given with every transaction. nent hi . Horse Judging Team takes honors The Texas A&M University Horse Judging Team took high honors in recent national competitions. Members placed first in halter, performance and reasons and won the overall champion award in com petition against 29 other teams in the intercollegiate horse judging contest at the All American Quarter Horse Congress held recently in Col umbus, Ohio. Team members were John Pipkin of Bryan, Stacy Riggs of Kaufman, Amy Schulte of Dallas, Cindy Sosso- man of Fort Worth, Linda Warriner of Klamath Falls, Ore., and Laura Walker of Center. Schulte was the high point indi vidual, Pipkin was second, Riggs twelfth and Walker eighteenth overall. Also, a judging team competing with 17 other teams at the National Arabian Championship Show Judg ing Contest in Louisville, Ky. placed second by one point and won the halter judging competition. >mer to qQ • ^ uncf/oniDl^ hiding a r . )1 oysters Conoco gives Ags $4,000 t '/liRBORNE funds ings aij nts andk; ixpected es. United Press International HOUSTON — Texas Parks and [ildlife Department officials are feting an improved harvest of the publtfsters from Galveston Bay where a Hughes, stshing was poor last year. National Balu.E. Bryan, director of the agen- ike bankings shellfish program, predicted a lent.” Ilveston Bay crop of 2 million said Marvin brands during the 1980 season. Gal- the First Baston Bay normally yields 80 per- rat of Texas’ oyster harvest, idment call# Bryan said 2 million pounds was an ing Amer.average” season but was a bonanza ed in 1977 ompared to the 95,000 pounds of iters. |sters harvested in the bay in 1979 elGTTprop# 11 ^ ear ly 1980. In the last good :aused byali^s° n . 1976-77, the bay yielded 3 t the amen® 011 pounds, d allow 1 iy people t ying to proinj nated, this is nott Iment. endment ] ie step awap against IhI Conoco Inc. has presented the Petroleum Engineering Depart ment at Texas A&M University with a $4,000 donation. The money involves $3,000 for scholarships and $1,000 for unres tricted use by the department. The check was presented by Michael V. Till, well engineering supervisor for Conoco, to Dr. Robert Walker, vice chancellor for development, and Dr. Douglas Von Gonten, department head. Till is a 1960 Texas A&M graduate. t 'THE DIFFICULT WE DO IM MEDIATELY, THE IMPOSSIBLE B NAI B'RITH HILLEL FOUNDATION Election Night Party Nov. 4 8:30 P.M.-until? munchies, beer, soft drinks (small charge for refresh ments)Hiliel Jewish Student Center 800 Jersey C.S. AS o Prescriptions Filled Glasses Repaired 216 N. MAIN BRYAN 822-6105 Mon.-Fri. 8 a.m.-5 p.m. Sat. 8 a.m.-1 p.m. I [ 1 I TAKES A LITTLE LONGER' AGENT AERO AIR FREIGHT SERVICES WE DO MORE THAN DELIVER YOUR PACKAGE OVERNIGHT WE GUARANTEE IT! 150 CITIES $22.11 UP TO 2 LBS. THE FREIGHT PROBLEM SOLVERS PH: 713-779-FAST I P.O. BOX 3862 BRYAN, TX. 77801 ▼’ Prints accepted: 8:00-5:00 8:00-2:00 Nov. 4 Nov. 5 in MSC main hallway. Entry fee $1.00 Prints should be 8 x 10 or larger and must be matted. Direct other questions to MSC Camera Committee Rm. 216 MSC DOOR BUSTING m WALL WALL! DIAMONDS! WATCHES! JEWELRY! SHOW YOUR STUDENT I.D. AND RECEIVE A FREE MYSTERY PACKAGE! (WITH $50.00 PURCHASE) MYSTERY PACKAGES WORTH UP TO $50.00 MAYBE PURCHASED FOR $2.88. WIDE 'SELECTION MEN’S AND LADIES’ WATCH BANDS 10% to 50% OFF EVERY ITEM IN THE STORE! OFF! wide u/iqp SELECTIONISP^f, p-T-nuNS men s vf SE i:S 0N V watches}? WATCHES I ■ /2off! A?/2offi j MEN’S & LADIES’ DIAMOND RINGS UP TO V2 OFF! SELECTED GROUP I, BIRTH- STONE RINGS OFF! LARGE DISCOUNTS SMALL APPLIANCES, TAPE RECORDERS, FLATWARE, GIFTWARE, NECKLACES, PENDANTS, CHARMS AND JEWELRY BOXES... ALL REDUCED 10% TO 50% POTTS JEWELRY DOWNTOWN BRYAN 207 N. Maun 822-5931

Texas A&M Newspaper Collection

Texas A&M Newspaper Collection

The Battalion. (College Station, Tex.) 1893-current, November 03, 1980, Image 5

Are you interested in including a title to our archive?

Follow us!