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Equitable Savings and Loan is Business of the Week

While Equitable Savings & Loan offers a full line of consumer banking services, it is in the field of mortgage lending where Equitable has carved out an unrivaled reputation in Sterling as well as in nine other communities.

Since 1954, Equitable has had the same local ownership and displayed the same strong commitment to the communities it serves. In its more than six decades in existence, Equitable has helped thousands of Sterling residents achieve their home ownership goals.

Equitable President and CEO Donald "Skip" Koenig, and Sterling Branch Manager Jackie Hampton says that what distinguishes Equitable from other mortgage lenders, especially huge national mortgage companies, is that Equitable is truly a local lender. Loan decisions are made locally; loans are funded locally, retained locally, and serviced locally on an ongoing basis.

Equitable has been locally owned and operated under the same name since it first opened for business in Brush, Colo. on August 1, 1954. Eventually, Equitable moved its headquarters to Sterling and today has 10 full-service offices located in Akron, Brush, Burlington, Fort Collins, Fort Morgan, Julesburg, Limon, Sterling, Wray and Yuma.

Dell prepares to go public again

Dell will exchange each share of VMware tracking stock <DVMT.N> for 1.3665 shares of its Class C common stock, or $109 per share in cash, for a total cash consideration of not more than $9 billion.

Dell said it will list its Class C shares on the New York Stock Exchange following the completion of the deal that will eliminate its tracking stock. Following the deal, investors who owned the tracking stock will collectively account for between 20.8 percent and 31 percent of Dell's ownership.

The transaction represents a premium of 28.9 percent to the closing price of the tracking stock on Friday. The stock ended 9 percent higher at $92.20 on Monday. VMware shares rose 10.2 percent to $162.02.

"We believe that this development is positive for VMware shares not only because it avoids the reverse merger scenario, but also because there is the possibility of VMware being taken out by Dell in the future as a 'second step' following this transaction," FBN Securities analyst Shebly Seyrafi wrote in a note.

Where can my sister go for social services help?

My sister, who has a 3 year old daughter. She lost her job due to the economy and now she is forced to work a crappy job at a go-kart track/arcade.


http://www.benefits.