ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Wednesday, June 5, 1996 TAG: 9606050063
SECTION: BUSINESS PAGE: B6 EDITION: METRO
Business ATM card created
First Union Corp. has introduced a card that will give small businesses access to their commercial bank accounts by automated teller machines, a service formerly limited to individuals.
Until now, said spokeswoman Alexis Ellison, commercial depositors could not use ATMs unless a consumer account was tied to the business account.
The new products include the Business 24-Hour Banking card, which works like a consumer ATM card and provides access to business deposits using a personal identification number; an ATM and debit card that can be used to make purchases from any merchant who accepts Visa; and a deposit-only check card that performs only that function at an ATM.
The first two cards are limited to sole proprietorships, partnerships and companies that do not require multiple signatures. They are targeted toward business owners, partners and select employees authorized to transact business. |- Staff report Boones Mill calls
to Roanoke free
Sprint Centel customers in Boones Mill now can make local seven-digit phone calls to Bell Atlantic's Roanoke exchanges toll-free.
An extended local service plan that went into effect Saturday means basic monthly single-line residential rates for Boones Mill customers increase by $5.22 and business single-line rates go up $10.50. The Boones Mill exchange, which has a 334 prefix, contains roughly 2,000 customers. |- Staff report
Eddie Bauer outlet set for Roanoke
Eddie Bauer, a national retailer of traditional, upscale sports and leisure wear, will open a store at Valley View Mall in October. The company said it plans to open 20 stores this year and double its total number of retail stores within the next five to six years.
Eddie Bauer was purchased by Downers Grove, Ill.-based Spiegel Inc. in 1988. It operates 326 sportswear stores, 46 outlets, 25 Eddie Bauer Home stores and 15 AKA Eddie Bauer stores. |- Staff report
Charcoal Steak
House for sale
Charcoal Steak House on Williamson Road in Roanoke is for sale, owner John Peroulas said. He has been negotiating with several interested parties, but said no firm agreement has been reached. An announcement should be made in two to three weeks, Peroulas said. |- Staff report Trade group rates
Alleghany highly
A worldwide trade group for economic developers has pinned a blue ribbon on a marketing campaign by the Alleghany Highlands Economic Development Authority, based in Covington.
The American Economic Development Council in Chicago gave a first place award to a 12-page color brochure the authority uses to interest companies in the area. Designed by John Lambert Associates of Roanoke, the publication is distributed at trade shows and through the mail.
The authority received honorable mentions for an annual report and a promotional video during a recent competition to identify outstanding promotional devices used by its hundreds of members. |- Staff report
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