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VRE Extends Parking Lease at Rippon Station

WOODBRIDGE, Va. — What’s the going rate to rent a parking space these days? At Virginia’s Railway Express’ Rippon station, it’s $42.10 per space.

The commuter railroad today extended a contract to keep 320 spaces at the popular commuter station for another three years, at a cost of $162,000. The additional spaces are located on land owned by the Kettler land development firm and are a temporary solution help to ease overcrowding at the station and are necessary until a permanent parking garage is built, states information provided by VRE.

This is one-year agreement is between VRE and Kettler, and a VRE statement said the price per space is comparable to current market value, and that Kettler has an option to increase the rent cost by 2 % if the agreement is extended.

Last month, the same VRE Operations Board that approved this measure also approved an agreement with Prince William County to allow pedestrians to pass through the Rippon station to gain access to the nearby Featherstone Wildlife Refuge.

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POTOMAC, MD – A local credit union is receiving national recognition for offering some of the highest certificate rates in the country. Lafayette Federal Credit Union, headquartered in Rockville and serving the greater Washington, D.C. region, has been named by financial outlets including The Wall Street Journal, Kiplinger, Investopedia, DepositAccounts, and GoBankingRates for its top-ranked share certificate products.

According to these sources, Lafayette Federal currently holds the #1 national ranking for its 2-, 3-, 4-, and 5-year certificate terms. The institution is offering fixed annual percentage yields (APYs) up to 4.28%, with a minimum deposit requirement of $500.

Share certificates, also known as certificates of deposit (CDs) at traditional banks, have grown in popularity as a low-risk savings option during a period of economic uncertainty. With interest rates rising and market volatility continuing, many savers are seeking fixed returns on their funds without taking on additional risk.

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