Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), January 9, 1985, p. 23

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29422006402100 wednesday january 9 1985 local branch expands large firms bank in mar kham gam robertson left arid 36hnmfchaiuk stand in front of the new royal bahkotxbda- branch at esna pafk and woodbine ave the bank includes a regular service branch plus a commercial division mr robertson is the commercial branch manager while mr michaluk is regional manager of commercial branches by don atanasoff news editor the world of international fi nance has come to markham while there was a time when large markham com panies had to make their ma jor financial transactions in the skyscrapers of downtown toronto recent innovations in the world of international banking have brought the bank to the customer rather than the opposite one of the leaders in this new commercial banking op eration has been the royal bank of canada while it has opened several commercial bank offices in the past few years the new markham in stallation at woodbine ave and esna park is one of the larger ones in ontario while the new branch also offers personal service to the general public it also has a separate division designed to deal with only the most elite of markham companies this division headed by manager cam robertson offers services to large firms from employee payroll to ma jor transactions that involve depositing and loaning of mil lions of dollars when we look at mar kham we see about 4000 com- apnies said john michaluk regional manager of com mercial branches but real ly were only talking about 400 to 500 of them when we speak of the services commercial banking offers mr michaluk explained that there are basically three types of enterprises that can make use of the services he said there are large interna tional companies such as general motors and ibm national accounts such as nestles lever brothers stel- qo jnd pef ascoandiarge commercial companies with sales in excess of 3 to 5 mil lion cam robertson said that he and his staff are really salesmen selling the advantages of dealing with the banks commercial unit the way we deal with clients is by attempting to construct a package of finan cial services that will help the client deal in a sophisticated market we ha ve to lead these people in the right direction then identify the need and make the necessary consulta tions and contacts mr robertson said some of the services include making payments or borrowing in other currencies making de posits and withdrawls on fore ign and domestic accounts shea to speak to markham board of trade thos n shea chair man president and chief executive officer of fami ly trust corporation will be the guest speaker at the board of trade dinner meeting wednesday jan 16 at the parkway hotel family trust corpora tion along with its prede cessor thos n shea real estate has been in busi ness 28 years in the mar kham area mr sheas sub ject will be is there a case for confidence mr shea attended mar kham high school and graduated from ryerson business administration in 1954 he entered real estate as a salesman in 1955 and the following year started bis own brokerage under the name of thos n shea real estate mr shea is past- president of the markham kiwanis club the york re gion real estate board and the ontario real estate association his companys principal activity jus theoperationof a real estate brokerage busi ness in the suburban re sidential resale market of metropolitan toronto in 1983 sales volume placed the company fifth in ontar io and ninth in canada the brokerage activity is car ried on through 25 offices and 600 sales representa tives cocktails are at 630 pm with dinner following at 730 cost is 25 per ticket reserved or 30 at the door wine is included for re servations call the mar kham board of trade at 4740730 tom shea family trust president developing payroll packages cash management programs means of financing interna tional trade and acquisitions etc we dont make the deci sions explained mr robert son the people we deal with are often major campanies financiers they make the final decisions were just the source of information commercial banking is a relatively new innovation mr michaluk had a part to play in the first commercial centre opened by the royal bank in hamilton in 1978 mr michaluk said that while main branches of the bank always had the tools to act for clients international ly it was just another seg ment of what a fullservice bank offered growing tech nology has allowed commer cial banking to move rapidly in the past few years to where there are now 35 to 40 royal bank commercial centres in operation in ontario there are many more across canada markham actually moved into the commercial banking arena four years ago when the current esna park- woodbine branch was located at denison st and woodbine the branch became so large that the commercial centre had to move to another part of the plaza finally in october of this year the new branch was ready for business in order to deal in the soph isticated markham market place cam robertson had to select a staff that was well versed in high technology but he cautioned that wasnt the only area serviced by his division the bulk of our accounts are with the hitech indus try said mr but we also service many different industries some of the large builders in the mar kham area are our clients m ojwm the vandorf 2003 sq ft home of the week themaekhamf 1496 sq ft stouffville homes have it in the name anyone moving into the newwestfield estates subdivision in stouffville and not familiar with the various communities of york and durham regions wont have to wait for geography lessons to become familiar them for the new roomy homes currently under con- struction by ross lloyd martin enterprises bear file names of the communities that surround them in all directions of the compass theresthe cashel the richmond and the queens- ville the bloomington the uxbridge and the bal- lantrae then theres almira the vandorf and the goodwood and yes theres a markham too the homes range in size from the 1446 sq ft- mar kham a bungalow to the spacious 2384 sq ft bal- lantrae a twostorey prices start at 127990 for the 1510 sq ft cashel to 162990 for the ballantrae each home in the subdivision has a long line of added extras included in the purchase price among the amenities arefjhhllhmhh a fourpiece main bathroom a master bedroom ensuite with oval tub and sepa rate shower stall quality broadloom throughout kitchen fan and hood over stove double stainless steel sink gasfired furnace r12 insulation in walls r32 in the ceiling basement walls insulated r7 two feet below grade custom landscaping wood sectional garage doors roughins for air conditioning central vacuuming and intercom systeml a smoke detector and dead bolts for the front and side doors and much more the sales office for westfield estates oh hwy47 north of stouffville is open 1 to 8 pm monday to thursdays 1 to 6 pm on fridaysi and open 11 am to 6 pmv saturday sunday and holidays the sales agents are beverley pollock and cathy chretien and they can be reached at 6405597 cvr wajf mwt j infers the bloomington 2080 sq ft the ballantrae 23

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