Collection: Newspapers > Nevada County Nugget

About This Item:

Title: June 10, 1965 Collection Type: Newspapers Collection Name: Nevada County Nugget Published: June 10, 1965 Copyright: In the public domain or published before 1925 Physical Format: Newspaper # of Pages: 28 Download PDF: User Login Required Download OCR Text: User Login Required

Printed or handwritten: All printed text Date Scanned: 2023-04-13 06:24:32 Scanning Equipment: Professionally Scanned OCR Software Version #: tesseract 5.4.1 Item Sourced From: JPGs First Created: 2025-03-17 04:12:43 Last Updated: 2025-03-17 04:12:43

Original Held At: Doris Foley Library Location: 211 North Pine Street, Nevada City, CA 95959

Page: of 28  

TELLER TO COMPUTER--By tapping out an inquiry on this IBM-1050 keyboard, Wells Fargo Bank teller Joyce Stephenson gets a direct line to one of the bank's electronic computers. She can ask as many as eleven different questions concerning any one of 115,000 checking accounts and get her answer back within 30 seconds. It's all part of an "“On-Line-Communications System" developed by Wells Fargo Bank to minimize customer waitingtime. In California, after golf beer’s the one.. for good taste, good fun After a hard-played 18 holes, it’s good to settle down on a soft chair in the club house and add up the score with friends. What better time for the drink that scores with almost every golfer—cool, thirst-quenching beer? Yes, beer’s great to relax with, great for refreshment, great for taste. So whatever your sport— boating or bascball—swimming or tennis—relax afterwards with the zestful taste of beer. @®) UNITED STATES BREWERS ASSOCIATION, INC. Here’s A New Wrinkle A first-of -its-kind -in -the -West electronic device answering teller and branch officer inquiries almost instantaneously has been introduced in San Francisco by Wells Fargo Bank. Designed to cut customer waiting time at teller windows, this newest tool of automation uses “touchtone" telephone directly linked with the bank's computers to check balances, detect stop payments and verify other information with remarkable speed and accuracy. The device, now functioning in five Wells Fargo branches, will be operative in all the bank's 27 San Francisco offices for both checking and savings accounts by July 15. 4 In less than 30 seconds after pressing a few keys on a minia~ ture keyboard, staff members at the five San Francisco offices receive responses to as many as eleven different inquiries conceming any one of 115,000 checking accounts, Answers come sharp and clear in the form of an electronic voice or are instantly and automatically typewritten. Developed by Wells Fargo over a period of nine months, the "online inquiry system" is: directly linked with electronic memory storage units at the bank's San Francisco Operations Center.” "The on-line inquiry system now in use is only a beginning, " according to Peter Overmire, assistant vice president in Well's Fargo's Advanced Systems Plan2 Where Savings placed by the 10th of any month, earn interest from the Ist. at MIDVALLEY SAVINGS _. and accounts are insured to $10,000 Not a penny lost Since 1934, when Congress established the Federal Savings and Loan Insurance Corporation, no one has ever lost a penny in insured savings accounts in any of America’s F.S.L.I.C.-Insured Savings and Loan Associations. We are F.S.L.I.C.-Insured, and we offer excellent earnings, too! you save does make a difference! 4.395% current rate per annum. PAID OR COMPOUNDED QUARTERLY ning Department. ESTABLISHED 1927 Seed Locally d ber of Fi Frmancoas and Loan Insurance Corporation + . Federation, tne. « Federal Savings Federal Home Loan Bank System GRASS VALLEY 152 SOUTH AUBURN ST. HOME OFFICE: 317 FOURTH ST. MARYSVILLE For An Old Bank [ . G96BT ‘OT ouns’**1083ny AIun0D epeAen’**