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|  | Articles Volume 4, Number 4
|  | Area banks: solid home loan numbers for 2008
JOPLIN, Mo. — The new administration is faced with the monumental task of finding solutions to the current financial crisis that is affecting everything from A to Z. Without a doubt, the situation worries investors as the recession gains force and jobs disappear. These factors have been wreaking havoc with once secure, low risk business and consumer loans. Many U.S. banks burdened with mortgage debt may not be able to defend their positions despite the infusion of billions of dollars from the government.
Despite the plethora of bad news from Wall Street and Washington, many Tri-State area banks have experienced an unprecedented increase in new loan or refinance activity that has produced significant growth adding to the stability of their respective institutions.
This week's feature polls four area banks for comment on their home loan numbers for 2008 and their outlook on 2009.
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|  | Cliff Rockhold Cliff Rockhold has been promoted to executive vice president at Community Bank & Trust and named to serve on the bank’s board of directors.
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|  | Tom Sutton Tom Sutton has been promoted to executive vice president at Community Bank & Trust and named to serve on the bank's board of directors.
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|  | Belt tightening at PSU Joplin Business Journal PITTSBURG, Kan. — A Jan. 21 memo from Pittsburg State University President Tom Bryant addressed to the faculty and staff outlined the difficult budgetary road ahead for the university as the state of Kansas wrestles with major budget shortfalls.
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|  | Roger Fent Roger Fent, agriculture instructor at Northeastern Oklahoma A&M College, has been named Distinguished Educator of the Year by the Miami Area Chamber of Commerce.
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|  | Ozark Center to receive housing grant Joplin Business Journal U.S. Rep Roy Blunt, R-Mo., announced Jan. 13 that Joplin would receive a $1.54 million of a $3.08 million grant from the U.S. Department of Housing and Urban Development to build apartment buildings for those with mental illnesses and disabilities. The Ozark Center in Joplin, a subsidiary of Freeman Health, will use the grant to construct 14 one-bedroom apartments for adults diagnosed with chronic mental illnesses.
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|  | Sarah Sisseck Sarah A. Sisseck has been promoted to the position of supervisor in the BKD, LLP Joplin office.
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|  | Brian Dorman Brian Dorman has joined KODE-TV12 as the new evening anchor replacing Brian Hammons who accepted a position with Edward Jones in Fort Myers, Fla.
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|  | Empire District: winter storm dangers continue as ice melts Joplin Business Journal JOPLIN, Mo. — Parts of the Empire District Electric Co. service territory suffered damage as the storms moved through earlier this week. In some areas, lines were encased in ice as freezing rain fell and the company warns customers that as the weather warms, large sections of ice can fall from overhead power lines and cause injury to unsuspecting persons.
| |  | Preston's Home Furnishings GREENFIELD, Mo. — When Smithy and Janie Preston opened their new furniture and appliance business in 1965 at 102 S. Main St. they were met with a welcomed response from the community and a steady flow of customers. Their business developed a loyal following because of personalized customer service and a reputation of solid trust in the owners to treat customers fairly and respectfully.
| |  | PROFILE: Don Fleury, Creative Car Audio Robert L. Roach, Journal Senior Staff Reporter JOPLIN, Mo. — He entered the business world while only 14 years old. "My parents had a Radio Shack so they would sell the stereos and I would install them for their customers," said Don Fleury, president of Creative Car Audio. "Over time, a friend and I started doing custom audio. We liked doing what we did. It was a hobby that years later grew into a full-blown business."
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|  | Jon Smith; Gary and Nora Bulen Jon Smith, Joplin, and Gary and Nora Bulen, Monkey Island, Okla., have been recognized by Con-way Truckload as the 2008 Contractor Driver of the Year, and Contractor Team of the Year respectively during the company's recent award ceremony.
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