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1. Why is Treasury going to stop issuing Series HH Savings Bonds? Funds invested in Series HH bonds do not represent a significant portion of all the funds invested in savings bonds, but do result in a substantial administrative expense for handling exchanges. As it moves toward a paperless savings bond program, Treasury decided to… Continue Reading Q&A about the Series HH Savings Bond Program

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According to the U.S. Commodity Futures Trading Commission (CFTC), there is an increase in the number of scams that falsely promise high profits with low risks. Scams artists also target ethnic communities, using consumers’ native languages. The CFTC suggests that consumers carefully investigate any firm that offers to sell commodities or commodity futures or options… Continue Reading More consumers are investing in commodities online – Beware!

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People on the Move

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Jim Rose has been appointed bank manager of the Tejon and Cascade branches of Peoples National Bank. Rose has more than 16 years of experience in bank operations, consumer and commercial lending. Michael P. “Mickey” Moore has been named president of Community Banks of Southern Colorado. He has more than 37 years of experience, working… Continue Reading People on the Move

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June 11th marked the inaugural Cadillac Invitational Golf Tournament at Kissing Camels Golf Club. Chaired by Colorado Springs residents Jay and Linda Belote and David Huffman, festivities began the evening before at a gala cocktail reception hosted by Red Noland at Red Noland Cadillac. Some 350 guests enjoyed a combined fashion and car show (fashions… Continue Reading Community gives record $50,000 for National Kidney Foundation

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The Second Annual Humor is Healing event, a night of comic relief to benefit Pikes Peak Mental Health, met with great success. Ticket sales, table sponsorship and a silent auction contributed to the effort to raise money for the organization. There were 25 corporate sponsors. Wells Fargo was the premier backer. All the profits will… Continue Reading Second annual Humor is Healing nets around $75,000

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McIlewee's focus is helping kids in trouble

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* Name: John P. McIlwee * Organization: Urban Peak Colorado Springs * Position: Executive director * Hometown: Gunnison, Colo. * How long have you lived in Colorado Springs: 12 years * Education: Bachelor’s degree in business administration – Western State College * A few words about your company: Urban Peak Colorado Springs provides services to… Continue Reading McIlewee's focus is helping kids in trouble

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People on the Move

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Jeffrey Ferguson, a professor of business at the University of Colorado at Colorado Springs has received the 2003-04 Bank One Faculty Community Service Award. He has taught at the school for more than 25 years. Jose Aponte, executive director of the Pikes Peak Library District, has been elected to the Public Library Association’s Board of… Continue Reading People on the Move

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* Name: Julie Boswell * Organization: The Greater Colorado Springs Economic Development Corp. * Position: Vice president development and communications * Hometown: Cheltenham, England * How long have you lived in Colorado Springs: 33 years * Education: Educated in England at Charlton Park Convent School and Christie College (business college). * A few words about… Continue Reading Boswell would like Springs to tout its image

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Hospital happenings

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As health care costs continue to rise, burdening many, local hospitals are embracing the issues and the community by providing top-notch services and extending services to areas outside the city limits. In May, Solucient, a national health care information consultant, named Penrose-St. Francis Health Services one of the nation’s 100 best hospital systems for the… Continue Reading Hospital happenings

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Fine Arts Center makes upgrades

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Let there be light. “This is the biggest thing to come to Colorado Springs in a long time,” said Daniel Vasey, director of public relations and marketing. The center’s newest acquisition is an enormous, sparkling glass chandelier by world-renowned glass artist Dale Chihuly. The chandelier will hang in the entrance lobby, surrounded by dozens of… Continue Reading Fine Arts Center makes upgrades

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