Saluki currency exchange re-opens after closing due to insufficient funds
September 6, 1995
Following a temporary closing because of insufficient funds, the Saluki Currency Exchange, 606 S. Illinois, reopened for business Aug. 29.
The Exchange closed last month after a money order could not be cashed and was returned to an exchange in Chicago.
Kathy Parks, manager of the Exchange, said it was closed for several days during an audit.
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Michael Goldman, of the Department of Financial Institutions, said a receiver has been appointed to run the Exchange following the audit results.
Following an examination, the department felt someone other than the owners should be running the store, and the owners cooperated, Goldman said.
Goldman declined to comment on why the owners were no longer running the store.
We felt it was better for the community to get the store open, Goldman said.
Parks and her employees are happy to have the business up and running again.
We’re glad everything is back to normal. If you had a money order in the past, it will be honored, Parks said.
The Exchange offers check cashing, money orders, Western Union, travelers checks, Public Aid checks and food stamps.
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The former owner of the Exchange could not be reached for comment.
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