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home : business October 22, 2013


MWC banker graduates from OBA Consumer Lending School
Rebecca Blaskie, personal banking officer at FNB Community Bank, recently completed the Oklahoma Bankers Association (OBA) Consumer Lending School in Oklahoma City. Blaskie was among 50 graduates of the school, which was held Oct. 7-11 at the OBA Harris Event Center.
The OBA Consumer Lending School, conducted annually, educates students on the overall consumer credit function and helps develop skills to meet the needs of loan customers and their bank.

Friday, October 18, 2013

Expected rate of return from stocks

The expected rate of return depends on many factors, including your time frame and the types of stocks involved.

Many retirement planning calculators project a portfolio’s future value based on historical returns.

However, past performance is no guarantee of future results, and you should take any such assumptions with a grain of salt.

You may have heard that stocks have historically averaged a 10% return.

However, be careful about relying too much on that number.

First, the figure on which that statement is based--9.8%--reflects the compounded annual total return of the S&P; 500 between 1926 and 2012.


Friday, October 18, 2013

Eatery grills up goodness at new spot

Mike Murphy was looking for a new location for his restaurant Murphy’s Family Grill in Midwest City when he learned about a site that featured a unique twist.

His restaurant is now located inside the Autumn House, a senior living apartment complex located at 500 Adair Boulevard.

Murphy’s Family Grill held a grand opening Aug. 19 and is open Monday through Saturday from 6 a.m. to 2 p.m.

"I walked into this place because I knew they had a kitchen and she (Autumn House director) about fell out of her seat saying they had been praying for someone like me to come into this place," Murphy said. "I got a built-in clientele


Friday, October 18, 2013

Home Office Deduction Rules Get a Remodel

If you run a business out of your home, it’s important to understand the associated federal income tax deductions that you might be entitled to.

That’s especially true this year, with new rules that make it easier than ever for some to claim a deduction.

Regular method of determining allowable deduction

Under this method, you determine your actual expenses relating to your home office.


Thursday, October 10, 2013

Family brings books to community

Along the north side of SE 29th St. in Del City, book lovers can find their own piece of literary paradise. At least that’s the view of one patron of the Booksmith.

That customer, Susan Nagelhout, said her favorite thing about the bookstore is browsing.

"To me, this is like nirvana," She said. "If I owned a bookstore, I would just not get anything done."


Thursday, October 10, 2013

Rolls-Royce to develop new facility at TAFB

Rolls-Royce will open a new engine depot services facility at Tinker Air Force Base in Oklahoma to support the US Air Force Global Hawk fleet.

The company has been awarded a $49 million contract to establish the new facility, which is expected to begin operations in 2015.

The facility will be the first for Rolls-Royce at the Oklahoma City Air Logistics Complex (OC-ALC), one of the largest units within the Air Force Materiel Command, and the Air Force’s Center of Excellence for jet propulsion.

The contract was recently awarded by the Global Hawk Systems Program Office at Wright-Patterson Air Force Base in Ohio.

This will be the company’s first Public-Private Partnership to provide engine services for the US Air Force.


Tuesday, October 08, 2013

How much do you earn on your money?

If you’re like most people, you probably want to know what return you might expect before you invest.

But to translate a given rate of return into actual income or growth potential, you’ll need to understand the difference between nominal return and real return, and how that difference can affect your ability to achieve financial goals.

Let’s say you have a certificate of deposit (CD) that’s about to expire.

The yield on the new five-year CD you’re considering is 1.5%. It’s not great, you think, but it’s better than the 0.85% offered by a five-year Treasury note.*

But that 1.5% is the CD’s nominal rate of return; it doesn’t account for inflation or taxes.


Tuesday, October 08, 2013

Soldier Creek project moves forward

Last year, the City of Midwest City received a $1 million investment from the U.S. Department of Commerce’s Economic Development Administration (EDA) to construct infrastructure improvements to help develop the Soldier Creek Business and Industrial Park, located on N.E. 23rd St. east of Air Depot Boulevard.

Since that time, the city has been moving forward with Phase 1 of the project which included adding water and sewer extensions to the property and rough grading for roads and site pads said Billy Harless, community development director for the City of Midwest City.

Phase 1 involves 43 acres of land located along the NE 23rd Street frontage road. The Midwest City Council previously awarded a bid to Downey Construction in the amount of $200,000 for engineering improvements for water and sewer extensions to the property.


Tuesday, October 08, 2013

How much do you earn on your money?

If you’re like most people, you probably want to know what return you might expect before you invest.

But to translate a given rate of return into actual income or growth potential, you’ll need to understand the difference between nominal return and real return, and how that difference can affect your ability to achieve financial goals.


Monday, October 07, 2013

Soldier Creek project moves forward

Last year, the City of Midwest City received a $1 million investment from the U.S. Department of Commerce’s Economic Development Administration (EDA) to construct infrastructure improvements to help develop the Soldier Creek Business and Industrial Park, located on N.E. 23rd St. east of Air Depot Boulevard.

Since that time, the city has been moving forward with Phase 1 of the project which included adding water and sewer extensions to the property and rough grading for roads and site pads said Billy Harless, community development director for the City of Midwest City.


Monday, October 07, 2013

Sunrise Social
Sunrise Social from 7:45-8:45 a.m.
Monday, October 07, 2013

Rolls-Royce to develop new facility at TAFB

Rolls-Royce will open a new engine depot services facility at Tinker Air Force Base in Oklahoma to support the US Air Force Global Hawk fleet.

The company has been awarded a $49 million contract to establish the new facility, which is expected to begin operations in 2015.


Monday, October 07, 2013

Holiday Season Kick Off
An Open House and Reception to welcome Col. Jay Bickley, Commander 552 ACW, Mrs. Karla Bickley, his leadership team and their spouses 5 p.m. Tuesday, 
Monday, October 07, 2013

1-2-3 Shop!
The Midwest City Chamber will have its annual Get Caught Shopping in MWC
Monday, October 07, 2013

Regulating e-cigarette industry no easy task

Electronic cigarette usage has grown in popularity and because regulation of this product is minimal at the federal level most regulation happens at the local or state levels.

And, in Oklahoma such regulation remains elusive as state leaders grapple on how to define the product and whether it should be taxed.

“This is a really tough topic and it is very complicated,” said Jennifer Lepard, Tobacco Use and Prevention manager with the Center for the Advancement of Wellness at the Oklahoma State Department of Health.


Wednesday, September 25, 2013

Will college debt be the next bubble?

What might a 23-year-old recent college graduate, a 45-year-old entrepreneur, and a 60-year-old pre-retiree have in common financially?

They may all be hobbled by student loan debt.

According to financial aid expert Mark Kantrowitz, the student loan “debt clock” reached the $1 trillion milestone last year.


Wednesday, September 25, 2013

Will college debt be the next bubble?

What might a 23-year-old recent college graduate, a 45-year-old entrepreneur, and a 60-year-old pre-retiree have in common financially?

They may all be hobbled by student loan debt.

According to financial aid expert Mark Kantrowitz, the student loan “debt clock” reached the $1 trillion milestone last year.


Wednesday, September 25, 2013

MWC Allstate agent celebrates 10 years

Allstate Insurance Company is recognizing Larry Bennett of Midwest City with its Agency Affiliation award for reaching an important milestone as an exclusive Allstate Insurance agency owner. Bennett is celebrating 10 years of helping area residents protect their property and prepare for the future through his office located at 1114-6 S. Air Depot. 

"Time flies! It feels like just yesterday when we opened our doors," said Bennett, who has owned and operated the Allstate agency since 2003. "This milestone with Allstate is very important to me. I have enjoyed working with so many families in Midwest City and thank each and every one for supporting my business."


Saturday, September 07, 2013

I recently came across an error on my credit report. Is there any way I can fix it?

Good credit is an important part of your overall financial well-being. It can impact everything from the interest rates you’ll pay to being a prerequisite for employment. As a result, you’ll want to try to fix any errors on your credit report and have them removed as soon as possible.

Your first step should be to contact the credit reporting agency in writing to indicate that you are disputing the information contained on your credit report. The credit reporting agency usually has 30 days to complete an investigation of the disputed information. Once the credit reporting agency investigation is complete, they must provide you with written results of their investigation.


Saturday, September 07, 2013

New MDTC employee noted as valuable team player

 Patti Duran received the "Friends of Guidance" award this past summer for her work at Mid-Del Technology Center.

In her first year at MDTC, Duran was nominated by Christa Simmons and Gina Bankston for the award, which is given to individuals or companies that go the extra mile to support career guidance in technology education.


Saturday, September 07, 2013


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