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Waynedale Business

STAR FINANCIAL BANK NAMES JOHN BROOKS AS BOARD MEMBER

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STAR Financial Bank, a subsidiary of STAR Financial Group, has elected John Brooks, Secretary of Brooks Construction Company, Inc., as its newest Board Member, announced Jim Marcuccilli, president and chief executive officer, STAR Financial Bank.

"We have known the Brooks family since the mid-forties and their business reputation is impeccable," said Marcuccilli. "To have an individual of John's experience and knowledge join our team will enhance our Bank Board's community...

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DON'T OVERREACT TO FALLING BOND PRICES

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If you own bonds, you probably had a pretty good run in recent months, as prices remained strong. But, for the past several weeks, things have changed, and bond prices fell - hard. What does this plunge mean to you? And how should you respond?

Before making any hasty moves, you may want to review just why bond prices have fallen. As you may know, bond prices are inversely related to prevailing interest rates. So, let's say you have a bond that pays six percent interest. Assuming then that...

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THREE RIVERS IS OPEN IN WAYNEDALE!

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On Tuesday, May 18th, 2004 a ribbon cutting ceremony was held for the 19th Three Rivers Federal Credit Union branch.

Pictured left to right are: Scott Taylor, vice president of membership for the Greater Fort Wayne Chamber of Commerce; Michael Romary, president of MagniFI; Jeff Meyer, president and CEO of Three Rivers Federal Credit Union; and Al Moll, deputy mayor for the City of Fort Wayne.

MAGNIFI HIRES KURT BEUCHEL, PROMOTES ANNETTE KINNISON

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MagniFI, the premier outsource partner for financial institutions across the United States, recently hired Kurt Beuchel as Business Development Representative. A 1995 graduate of Indiana University, Fort Wayne, Beuchel received a Bachelor of Science in Business, with majors in management and marketing. Beuchel will be responsible for new business development in Indiana, Ohio and Michigan. He will also maintain relationships with current MagniFI customers. Prior to joining MagniFI, Beuchel...

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THE NEXT DIMENSION IN WAYNEDALE

Details (l-r) Michael Romary, CEO; Kurt Beuchel, general sales manager; and Annette Kinnison, office manager.  MagniFI is located at 6721 Old Trail Road in Waynedale.

You may have noticed another addition to downtown Waynedale. It is MagniFI, an outsource partner for financial institutions, providing market intelligence and analysis, property search, architectural and engineering services, general contracting, and project financing. They are located just behind Tower Bank, at the corner of Old Trail and Lower Huntington Roads. This spot has been occupied by many successful businesses over the years. It was initially occupied by Churchward's Blacksmith...

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HERE'S WHAT YOU SHOULD KNOW ABOUT DIVIDENDS

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Up until last year, the topic of stock dividends may not have always enthralled investors. But when the new tax laws were enacted, a lot of people started thinking about dividends - and maybe you should, too.

Thanks to the tax legislation, dividends are now being taxed at a maximum rate of 15 percent (The new rate was effective Jan. 1, 2003, and expires on Dec. 31, 2008.). Previously, dividends were taxed at your individual income tax rate. As a result, companies are issuing more dividends -...

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