Savings rate dips to pre-recession low

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Consumers ended 2017 by accelerating spending faster than their incomes, squeezing their savings rate to its lowest levels since the eve of the Great Recession.The U.S. Commerce Department reported Monday that personal savings were an annualized $351.6 billion in December, the smallest since December 2007, the month the recession began. The 2.4% savings rate in December was the smallest since it fell to 2.3% in September 2005.Disposable personal income was $14.6 trillion, annualized, and was up 0.3% from November after adjusting for seasonal variations. Meanwhile, personal consumption expenditures rose 0.4% to $13.7 trillion.Some economists have worried that this pattern of consumer spending increasing at a faster rate than income over the past two years indicates a weakness in the economy. While jobs have been increasing, wages have still lagged and many families are still struggling to make ends meet. continue reading »last_img read more

‘School Crashers’ program shows passion for community service

first_img Georgia United Credit Union doesn’t believe being an active and responsible member of the community is the right way to go.“It’s the only way,” says Debbie Smith, president/ CEO of the $1.3 billion asset credit union in Duluth. “As a business partner in education, we want students to have the best environment possible to learn and play.”Through its “School Crashers” program, Georgia United provides makeovers to elementary, middle, and high-school facilities throughout the state. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrcenter_img Georgia United CU staff take part in landscaping at Rock Chapel Elementary School.last_img read more

What credit union marketing automation is, and why it matters

first_imgBelieve me, we get it: marketing efforts can lead to headaches. Nobody likes getting cold calls, most people mute (or skip) commercials, and I still get nightmares about pop-up ads. However, credit union marketing automation is far more sophisticated—and less intrusive—than those marketing strategies.Not all marketing strategies result in headaches, though. Modern credit union marketing automation techniques are very different from the awful ones listed above.What can automated marketing do that I can’t?The less-effective forms of marketing above give sales and marketing a bad name, and it’s easy to see why. Cold calls, commercials, and pop-ups are rarely relevant to the people who see them. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

CO-OP brings back crashers program to THINK Conference

first_imgFor the second year in a row, CO-OP Financial Services and Filene Research Institute are bringing The Cooperative Trust’s crasher program for young credit union professionals to the THINK conference. In addition to receiving free registration and lodging for THINK 19, THINK Crashers have the opportunity to meet and learn from leaders in the credit union movement. Applications are now available for credit union staffers ages 35 and younger at http://co-opthink.org/crashers19.“The THINK Crashers program is a dynamic experience designed for young professional education, leadership development, mentorship and networking,” said Samantha Paxson, Chief Experience Officer, CO-OP Financial Services. “In addition to having full access to conference content, we will be providing specifically curated content for the high-potential, rising stars who will make up the THINK 19 crashers.”Annie Tamblyn, Leadership Team Administrator at Filene Research Institute, helped host THINK Crashers onsite at THINK 18. “One of the things that made Crashing special was having specifically curated content for young professionals in addition to the conference sessions,” she said. “We did an innovation session about ideation and prototyping. It was cool to see how, after each session, the conversation was going and ideas were flowing.”Among the unique opportunities that will be made available to the crashers are interacting with THINK 19 keynote speakers and being mentored by CO-OP leaders and credit union leaders who make up CO-OP’s Co-Creation Councils.   “So many people came over to talk to us,” said Tamblyn of last year’s experience. “Some of them were speakers and presenters, and some were people from the industry who just wanted to reach out and learn more about the Crash program. Being highlighted as a group gave the Crashers a role in the conference and some agency to feel like they were there to help design the future of the movement.”“A Brand New Perspective”For Wyman Davis, Project Coordinator at CO-OP Financial Services, THINK 18 was inspiring: “It was beyond my expectations,” he said. “I found a brand new perspective. [THINK] gave us a great exposure to the inside world, to understand more about the credit union movement. There’s a lot of information that’s not really provided to us as part of our everyday work. At THINK we got to see the background, where people’s minds are. It’s an experience. A new voice equals a new idea equals change.”“It was a really good experience being able to sit down with so many important businesspeople and network with people my age who are excited about the credit union movement,” added Marlie Russell, Card Services Representative at Dupaco Community Credit Union, and a THINK 18 Crasher. “Being at THINK took me outside of what I normally do, and it inspired me to think outside the box.”Applications are now available for credit union professionals age 35 and younger at http://co-opthink.org/crashers19. The deadline for submitting applications for the program is March 15, with Crashers notified on March 25. Through March 8, credit union personnel of all ages can take advantage of CO-OP’s winter registration pricing, available at $1,799, $200 off the full registration fee of $1,999. Online registration is available at www.co-opthink.org/register. Now in its 12th year, THINK is a year-round platform for credit union collaboration, innovation and evolution. Visit www.co-opthink.org to access the wide variety of learning opportunities, including THINK Review magazine, THINK blog and videos from past THINK conferences. For more information on THINK 19, visit www.co-opthink.org. 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

New home sales on the decline

first_imgThe latest analysis by the Housing Industry Association showed Queenslanders are opting out of buying new homesSales of new homes in Queensland have declined for the third straight month according to a report by industry group Housing Industry Association (HIA).“During August 2017 private new home sales in Queensland fell back by 7.3 per cent according to preliminary figures — the third consecutive monthly decline for the state,” the HIA reported.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoThe HIA numbers also revealed Queensland’s new home sales fell 21.2 per cent in the three months to August this year.This quarterly outcome was the second largest percentage fall across Australia’s five largest states and territories, with only South Australia having seen a more significant drop.The Queensland result was in contrast to stronger monthly national figures.HIA principal economist, Tim Reardon, said two states pushed up the outcome nationally.“New home sales increased by 9.1 per cent (Australia-wide) last month as a result of very strong results in Victoria and Western Australia, but over the year sales have continued to slow,” Mr Reardon said.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

City gov’t orders 90-day ban on meat from ASF-hit areas

first_imgILOILO City – Mayor Jerry Treñasordered a 90-day temporarily ban on live pigs, hog carcasses, pork, and porkproducts and by-products from and/or processed in localities identified by theDepartment of Agriculture (DA) as positive for African swine fever (ASF). * livestock and poultry transport /carrier certificate ASF could result in high swinemortality, thereby adversely affecting the local food security, said Treñas. * disinfection clearance * veterinary health certificate (VHC)and veterinary shipping permit Last month, Gov. Arthur Defensor Jr.issued Executive Order No. 159 temporarily banning pork, pork products andby-products from Rizal and Bulacan provinces where ASF cases had been confirmedand the following countries: China, South Korea, Vietnam, Cambodia, Myanmar,Lao People’s Democratic Republic, Belgium, Bulgaria, Moldova, Russia, Ukraine,Luxembourg, Latvia, Poland, and Romania. According to the mayor, ASF reachingthis city is possible. Treñas’ executive order on the banalso covers countries positive for ASF. Treñas ordered it just weeks after theprovincial government of Iloilo issued a similar order. “There is an urgent need to adoptpreventive measures to protect the hog industry of Region 6,” he stressed. * farm registrationcenter_img Iloilo City is a major entry/exitpoint of inter-regional conveyance through the Iloilo International Airport inCabatuan, Iloilo and Iloilo International Port in Barangay Loboc, Lapuzdistrict. Iloilo City, according to Treñas, isNo. 3 in terms of frequency of ship calls annually (11,853), No. 4 in cargo(491,719 metric tons) and No. 4 in passenger traffic (2.4 million). The following are the requirements: The 90-day ban took effect on Oct. 9. * certificate of vehicle registration * livestock handler’s permit He also ordered strict veterinaryquarantine procedures in seaports and at the Iloilo International Airport bythe quarantine teams of the municipalities of Cabatuan, Dumangas, Ajuy,Estancia, and Carles. Only those that meet the regulatoryrequirements of the Bureau of Animal Industry (BAI) would be allowed to enterIloilo. The executive order also stated that“all swine, pork, pork products and by-products shall be accompanied byNational Meat Inspection Service or Local Government Unit Meat InspectionCertificate.”/PNlast_img read more

June 12, 2018 Police Blotter

first_imgJune 12, 2018 Police Blotter061218 Decatur County Fire Report061218 Decatur County EMS Report061218 Decatur County Law Report061218 Decatur County Jail Report061218 Batesville Police Blotterlast_img

Nursing students: Doris A. Brelage Scholarship applications accepted now

first_imgBatesville, In. — The Ripley County Community Foundation announces that applications are now being accepted for the Doris A. Brelage Nursing Scholarship.In 2008, the Batesville community lost a dedicated member in the person of Doris A. Brelage through an accidental death.  A registered nurse and EMS member, she spent 37 years at Margaret Mary Health in the capacities of director of nursing, manager of surgical nursing and infection control practitioner.  Following her untimely death, the family established a scholarship endowment fund, the Doris A. Brelage Memorial Nursing Scholarship Fund.To qualify for the scholarship, candidates must meet the following qualifications:Applicant must be a graduate of Batesville High School, Batesville, Indiana, or a nominee from a practicing nurse at Margaret Mary Health, Batesville.Applicant must have been admitted to an accredited nursing school, or must be an LPN (at any Batesville Health Care Facility) going on in an RN program in an accredited nursing school.Applicant must be preparing to begin his or her clinicals.Applicant must complete the writeable Doris A. Brelage scholarship application.Applicant must obtain a written recommendation from an RN practicing at Margaret Mary Health, Batesville. This recommendation may not be written by a member of the selection committee or family member of the selection committee.Applicant must demonstrate proven dedication to community service.Applicant must demonstrate excellent people skills needed in the field of nursing including compassion, empathy and a positive attitude.Applicant must have a 2.8 or above GPA in college courses.Applications are due by 4:00pm on June 1, 2019.  The application is available on the Foundation website or by contacting the Ripley County Community Foundation 13 E. George Street, Suite B, Batesville, IN 47006, or via telephone at (812) 933-1098.last_img read more

Pulis confirmed as Palace boss

first_imgCrystal Palace have confirmed the appointment of Tony Pulis as manager on a two-and-a-half-year contract. Press Association “Crystal Palace Football Club are delighted to announce the appointment of Tony Pulis as manager on a two-and-a-half-year contract,” a club statement read. “The experienced 55-year-old has agreed terms at Selhurst Park following a six-month break from management, since his highly-successful spell at Stoke City came to an end in May 2013.” Pulis’ first game in charge of Palace will come away to Norwich next weekend. Pulis’ appointment brings an end to Palace’s month-long search for a replacement for Ian Holloway, who left Selhurst Park by mutual consent on October 23. Pulis, who established Stoke in the top flight during his seven-year spell at the Britannia Stadium, was swiftly rumoured to be high on the shortlist of Palace co-chairman Steve Parish after Holloway’s departure. However, weeks of speculation over the vacancy followed, with Aitor Karanka, Dan Petrescu, Chris Coleman, Andrea Stramaccioni and former Palace boss Iain Dowie all linked with the post before Pulis finally got the nod. Pulis, who has also had spells in charge of Gillingham, Bournemouth and Plymouth, has famously never been relegated as a manager but will have his work cut out to preserve that statistic come May. His new charges are bottom of the Premier League with four points from 11 games ahead of Saturday’s fixtures. Following the trips to fellow relegation rivals Hull and Norwich, Palace face West Ham and Cardiff – two more sides whose primary aim this season is to beat the drop. Palace appeared to improve under the temporary stewardship of Millen, particularly in their 0-0 draw at home to Everton prior to the international break – a result that snapped a run of seven straight league defeats. center_img Pulis will take charge of the Barclays Premier League side following Saturday’s match at Hull. Pulis will be in the stands at the KC Stadium as caretaker boss Keith Millen leads the Eagles for the final time. last_img read more

Other Sports Asian Games: New Delhi to host torch relay on July 15

first_img For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps. New Delhi: The 2018 Asian Games torch relay will be held in the national capital on July 15 and several sports personalities from the past and present will be part of this significant sporting event.A Memorandum of Understanding (MoU) has been signed between the Indian Olympic Association (IOA) and the Organising Committee of the Indonesia Asian Games (INASGOC) to conduct torch relay of the 18th Asian Games.The event this time will be held in Jakarta and Palembang from August 18 to September 2.IOA Secretary General Rajeev Mehta is “delighted” about the torch relay being organised here where it all began for the Asiad in 1951.The first-ever Asian Games were held in New Delhi in 1951 with 11 nations competing in it across eight sports. Japan topped the medal tally and was followed by hosts India.(With inputs from agencies) last_img read more