Newspaper Page Text
THE ISLANDER, JUNE 15, 2009, PAGE 3
Mark Podlin joins Hodnett Cooper Real Estate
Hodnett Cooper Real Estate Bachelor of Fine Arts degree
has announced that Mark J. and then a Juris Doctorate
Podlin has joined the company from UGA. Over the past
as an Associate Broker in the thirty years, he has held
commercial division. corporate attorney and real
Mark comes to Hodnett estate positions.
Cooper from Tampa, where he He is a licensed Real
served as Senior Development Estate Broker in New York,
Officer and Vice President of Illinois, and Georgia, and
Asset Management for DeBar- was admitted to the bar in all
tolo Development. three states, as well. Because
Podlin was educated as an MarkJ. Podlin 0 f this broad background,
actor and a lawyer, with a Podlin brings to Hodnett Cooper a
Southeastern Bank celebrates 120 Years
Business Upda
This year Southeastern Bank cel
ebrates a milestone of serving custom
ers in southeast Georgia and northeast
Florida. One hundred and twenty years
ago, an institution was born that has
continued to grow and become an inte
gral part of local communities through
out southeast Georgia and northeast
Florida. Known today as “Southeast
ern Bank,” it’s roots trace back to 1889
when “The Darien Bank” first opened
its doors for business in Darien.
At the time of the bank’s beginning,
many of the current communities and
counties were not yet established or
in existence. Dining its 120 years,
Southeastern Bank has been witness
to an ever-changing local and nation
al landscape. From a booming and
then flattening timber business in the
early 1900’s, through World War II and
through fluctuating economic times,
Southeastern Bank has been a stable
presence in local communities. Genera
tions have walked through the bank’s
doors and experienced Southeastern’s
solid financial service offerings.
Southeastern Bank is committed to
community service. Its team members
in the bank’s 17 branches regularly
participate and support over 45 char
itable organizations and community
endeavors. Providing man-power, sup
plies, volunteer hours and financial
support, bank staff are involved in
helping make local communities the
best they can be.
“Southeastern Bank is proud of our
long history of excellence in banking,”
said Cornelius P. Holland, Southeast
ern Bank President and CEO. ‘We are
grateful to our customers and local com
munities for supporting us throughout
the last 120 years and we look forward
to another 120 years of doing business
in southeast Georgia and northeast
Florida.”
In celebration of this 120th anniver
sary, Southeastern Bank invites cus
tomers to visit its branches each Friday
dining June for special sweet treats
and give-aways. Brunswick branches
are located at 15 Trade St. and 601
Palisade Dr. □
unique combination of expertise and
experience. As head of their commer
cial group, his skills in management,
acquisition, leasing, sales, financing
and brokerage, paired with his knowl
edge of development and redevelop
ment, are certain to prove invaluable
assets to both company and clients.
“Coming back to the Golden Isles
is coming home for me, since I gradu
ated from Glynn Academy in 1971,”
Podlin states. “In fact, it was in 1970
when, fresh from my summer at the
Governor’s Honor’s acting program, I
first met the Hodnett family.” Ann
Hodnett was producing The Lion in
Winter at the Island Players, and the
young aspiring actor landed a part in
the play.
When Podlin is not brokering real
estate, he travels. His most recent
trips have carried him to Tokyo, Rome,
and Egypt, and he plans to take his
son, Hunter, to Egypt and Greece this
summer.
Mark will be in the Mainland Office,
adjacent to the Glynn Place Mall at 11
Trade Street in Brunswick. □
State unemployment rate at 9.3% in April
When Changing Jobs,
Don’t Shortchange Your 401(k)
Your 4(11 (k) plan is a popular retirement savings vehicle. But what
should you do with your 401 (k) if you leave your job before you retire?
Consider your options.
• Option 1 - Cash out your plan.
• Some money will he withheld for taxes and you might have to pay a
penalty. Even worse, you’ll lose a key source of your retirement income.
• Option 2 - Leave your money or roll-over into a new 401 (k)
• Some employers allow you to leave your money in your existing
401 (k) or you might he able to rollover your existing 401 (k) into
your new employer’s plan.
• Option 3 - Ylove the money to an IR4
• An IRA will provide you with a variety of advantages, such as almost
• May initial jobless claims rise over May 2008
unlimited investment choices.
The Georgia Department of Labor
(GDOL) has reported that the state’s
seasonally adjusted unemployment
rate was 9.3% in April, up slightly from
a revised 9.2% in March and February.
May unemployment figures are not yet
available.
However the GDOL has announced
that 75,436 laid-off workers filed first
time claims for state unemployment
insurance benefits in May, an increase
of 68.7% from May of 2008.
The metropolitan areas with the
highest percentage of increase in claims
from May 2008 to May 2009 are Gaines
ville, up 136.2%; Brunswick, up 132.9%;
and Augusta, up 115.8%. The areas
with the smallest increase in claims are
Dalton, up 19.9%; Warner Robins, up
33.8%; and Valdosta, up 34.3%.
“The over-the-year increases in ini
tial claims have declined from the tri
ple-digits we experienced earlier in the
year,” said State Labor Commissioner
Michael Thurmond. “Initial claims were
also down from April to May in 11 of our
state’s 14 metro areas. I remain hopeful
that Georgia’s job losses will continue to
decline in the coming months.”
Most of the state initial claims were
filed by laid-off workers in manufactur
ing, wholesale and retail trade, con
struction, and administrative and sup
port services. And, the number of job
less workers receiving unemployment
insurance benefits rose 110% over the
year, from 74,981 in May of 2008 to
157,544 in May of 2009.
Also, in May, the GDOL processed
20,593 first-time claims for Emergency
Unemployment Compensation (EUC)
benefits, bringing the total to 201,526
since the federal program began in Geor
gia in July of 2008. Federal extended
benefits are available to eligible jobless
workers who have exhausted regular
state unemployment compensation.
Georgia labor market data are avail
able at www.dol.state.ga.us. □
Let us help you make the choice that’s right for you.
Call or stop by today.
A.D. “Sonny” Doehring, AAMS
219 Edwards Plaza
St. Simons Island, G4 31522
(912) 634-0200
www. edwardj ones. com
Member SIPC
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