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

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    5t
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