Waldwick
May 19, 2010 THE VILLADOM TIMES III • Page 3
Town changes deposits to Atlantic Stewardship
Atlantic Stewardship Bank was officially named Waldwick’s main depository of funds last week, effective June 16. The bank, which has a branch on Franklin Turnpike, was one of four financial institutions submitting proposals. “It’s good to be local again,” said the borough’s chief financial officer, Mary Ann Viviani. “They seem to be on top of things and are very cooperative, so I expect a smooth transition,” she added. Viviani said that of the four proposals, ASB’s was the only one that will provide payroll services at no charge and does not have a minimum requirement for a daily balance. She said two of the other banks required a $2 million daily balance, and the other, $1 million. “We will be keeping our money there, but we don’t have that kind of money on hand,” Viviani said. In all, 19 accounts will be placed at ASB, including the general current fund, water operating, trust, general capital, water capital, payroll and open space. Three accounts that had been at another bank are being switched to ASB, she said. The current depository, Chase Bank, abruptly notified the borough last month that it would no longer handle municipal accounts. Viviani explained that new regulations within the Government Unit Deposit Protection Act (GUDPA), the equivalent of the FDIC for government entities, have made some banks drop out of the government banking business, leaving some towns, school boards and other government entities scrambling for a replacement. Viviani said the credit card option for paying taxes and water bills would be affected as well and would be dropped. Councilman Don Sciolaro suggested looking into associations not connected to a bank which might be willing to handle the credit card service.
Memorial Day observance announced
The Walter Nightingale Waldwick American Legion Post #57 and the Roy Freitag Waldwick VFW #1049 will sponsor the Waldwick Memorial Day Parade on Monday, May 31. Marchers will assemble at Mackay Avenue and Franklin Turnpike at 9:30 a.m., and will step off at 10 a.m. The parade will march south on Franklin Turnpike and turn left on Prospect Street to Veterans Plaza at the police and fireman’s building. Waldwick Superintendent of Schools Dr. Robert Penna, a Pearl Harbor survivor, will serve as the parade grand marshal; Thomas P. Fallon will be coparade grand marshal, posthumously. The Ceremony of Honor will immediately follow the parade. At the conclusion of the ceremony, everyone is invited for refreshments at Legion Hall, which is located at 46 Franklin Turnpike.
Doctor Helps Allergies Vanish
Dr. David Jacobs a Waldwick NJ chiropractor is helping seasonal allergy sufferers get relief naturally. The conversation among the community has people raving about Dr. Jacobs and his state of the art health scanning technology. “This painless scan only takes a minute and allows me to see if I am able to help someone with allergies get relief naturally”, states Jacobs. Normally the scan is $75 but, until May 26th 2010, the scan will be $35. There will also be a free workshop May 26th 2010 at 4:00pm on “The 7 Secrets to Health and Healing”. Health insurance is not required. To make an appointment, attend the workshop or get questions answered call 201-251-1388.
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