A fascinating new report by McKinsey & Company highlights that credit unions can drive organizational value by creating an analytics culture.The report recognizes that financial services analytics has reached a point where marketing was in the 1970’s for the banking sector. Prior to that time, sales and marketing initiatives for credit unions and banks were rare. In 2017, a credit union would find it difficult to survive without some level of marketing effort.Credit unions today are beginning to acknowledge the potential benefits of analytics. Some brave pioneers in the industry have already gained experience in this area. Now, analytics is poised to be a mainstream activity. To this point the authors admonish credit unions and banks to, “establish analytics as a business discipline”. The implication is organizations must make a serious commitment to building an analytics culture.What can a credit union do to support such a commitment? The report lists 10 essential guidelines. continue reading » 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With both chambers of Congress back in Washington, D.C. this week, CUNA is heavily engaged with activities this week while looking ahead to proposals to fund the government past Sept. 30. CUNA Chief Advocacy Officer Ryan Donovan said CUNA is paying particularly close attention to the appropriations legislation on the floor this week, a large bill that includes 8 appropriations, including the financial services and general government (FSGG) appropriations bill.“The key things we’re looking at and paying attention to is funding levels for [Treasury’s] community Development Financial Institutions Fund, [NCUA’s] Community Development Revolving Loan Fund, regulatory relief provisions included in committee’s markup of FSGG and then the CUNA-opposed language that would subject NCUA to appropriations,” Donovan said. “We’ll be working with members of the House as they proceed through this legislation to ensure the things we support remain in the bill.”CUNA expects the Senate Appropriations FSGG subcommittee to pass its fiscal year 2018 spending bill next week, and the full committee is expected to pass the bill next week as week.
Categories: Letters to the Editor, OpinionRegulate location of stores selling CBDThe Nov. 20 Gazette article on the proposed CBD oil store in Niskayuna should raise some real concerns. The article pointed out that the difference between hemp and marijuana is the percentage of THC.Ms. Sosnow articulated all the concerns every parent should have regarding this shop being so close to the high school. You can be sure that when the governor gets recreational marijuana legalized in New York state that these CBD distributors will be selling it.Unfortunately most of the towns in Schenectady County do not have regulations where these CBD or marijuana shops can be located. The only town in the Capital District that does is Clifton Park.I brought this issue to the Rotterdam Town Board earlier this year, but they have taken no action to control these shops. These shops have no place near schools, parks or any place young children are. CBD by any other name, is still marijuana.Robert J. GodlewskiSchenectadySupport moratorium on D’burg solar sitesAt the Nov. 14 Duanesburg Town Board meeting, Supervisor Rodger Tidball provided residents with an opportunity to protect their property values when he announced the possibility of a six-month moratorium on utility-scale solar power plants.I have been requesting this assistance since July, when inadequacies in the town of Duanesburg solar law became apparent during the planning review of two 5 MW solar plants to be sited at 13590 Duanesburg Road.This site is less than one mile from a third approved solar facility. If all three power plants are built, my home will be adjacent to 75 acres of solar panels for the next 30 years.Other residents need to be aware that our solar laws do not prohibit this density of solar development.The best way to protect your investment in Duanesburg is to attend the Town Board meeting on Dec. 12. We must demand that the town enact the moratorium so that stronger solar laws can be written that will protect our property values. Join the Facebook group Duanesburg Neighbors to keep informed.Lynne BruningDuanesburgFind better ways to help cities in needGloversville residents should be indignant again for being ignored by the governor’s $10 million downtown revitalization award, this time to Utica.Gloversville is still trying to dig out of the depression left by the glove industry departure. While its charming old-time downtown architecture survives, roofless buildings remain to be removed, while sewage infrastructure is in need of replacement.Rather than one large, grandiose award, struggling upstate cities would be better served by handing out million-dollar awards to 10 cities, even if annually.It seems the governor is using this pot of gold for political purposes rather than to help the needy.David ChildsJohnstownMore from The Daily Gazette:EDITORIAL: Find a way to get family members into nursing homesGov. Andrew Cuomo’s press conference for Sunday, Oct. 18EDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Thruway tax unfair to working motorists
In the first quarter of the year, the country booked a total of $41.79 billion in exports, a 2.91 percent increase from last year’s figure, while imports were $39.17 billion from January to March, a 2.69 percent decrease from the same period last year.Indonesia recorded a trade surplus of $2.62 billion during the first three months of the year, compared to a deficit of 62.8 million in the same period last year.BPS recorded $2.98 billion in imports from China in March, an increase of $1 billion from February’s figure, as Indonesia’s largest trading partner had started to recover from the COVID-19 pandemic.Exports to China, meanwhile, were $1.98 billion, up by $7 million compared to the same period last year. This made for a trade deficit of $1 billion with China in March, lower than the $1.24 billion deficit in March of last year.The World Trade Organization (WTO) projected that global trade would shrink by between 13 and 32 percent as the economic impact of the health crisis remained uncertain.The WTO forecasted a rebound in the 2021 global goods trade of between 21 and 24 percent, depending largely on the duration of the outbreak and the effectiveness of policy responses.Topics : Indonesia booked a US$743 million trade surplus in March as export and import activities contracted slightly amid the COVID-19 pandemic, Statistics Indonesia (BPS) has announced.Southeast Asia’s largest economy recorded $14.09 billion in exports in March, a 0.2 percent decrease year-on-year (yoy), while total imports fell 0.75 percent yoy to $13.35 billion driven by decreased imports of capital goods.“This figure is encouraging amid the uncertain global situation,” BPS chairman Suhariyanto said at a media briefing on Wednesday. Indonesia’s manufacturing exports grew by 7.41 percent yoy to $11.12 billion, driven by a significant increase in the exports of machines and electric appliances, as well as of iron and steel. Agricultural exports rose 17.82 percent yoy to $320 million.However, the country’s oil and gas exports declined by 40.91 percent yoy to $670 million as a result of falling oil prices, while exports of products of mining also fell by 16 percent yoy to $1.98 billion.Imports of consumption goods rose 10.66 percent to $1.27 billion as a result of Indonesia’s recent, huge purchase of guns and ammunition. Imports of raw materials increased by 1.72 percent to $10.28 billion, while imports of capital goods shrank by 18 percent to $1.8 billion.“We must, however, be aware of the decline in capital goods and raw materials, which may have a huge impact on trade and investment,” Suhariyanto added.
Blake Succa and the Badgers will be hard pressed to get a win against a Creighton team that has won four consecutive games against Wisconsin.[/media-credit]After only two games at home, the Wisconsin men’s soccer team gets back on the road this weekend to take on No. 16 Creighton.Sporting a 1-4-1 record, the Badgers are still looking for another win, as their only victory came in the first game of the season. Hitting the road to face the Bluejays Friday, though, will be a tough challenge.Creighton is 5-1-0 on the season, returning six starters from last season. The Bluejays also have a new head coach this year in Jamie Clark, who previously coached at Harvard where he brought the team to the NCAA tournament two years in a row.“For a team like that – I played some guys this summer – they’re fast, they’re strong,” sophomore defenseman Kyle McCrudden said. “It’s hard to prepare for a team like that – high intensity practices. Hopefully we’ll come out this weekend and just play well.”The last time Wisconsin and Creighton matched up was in 2006, when the Badgers fell 1-0 at home. Overall, Wisconsin is 2-6-1 against Creighton. In their last four meetings, the Bluejays have bested the Badgers, something UW hopes to change this year.“We started off on the road for the first four games, we’ve been traveling a lot and then we had a home stretch here this last week,” freshman defender Blake Succa said. “We’ve had a few days off. We know they’re going to be a big challenge for us so we rested up for two days and [Wednesday] we got back in it. We had a pretty hard practice knowing that we’ll have [another] day of rest.”With a solid defense already in place, Wisconsin is now looking to get their offense rolling. In the spots they missed last weekend at home – connecting on passes and controlling the ball in front of the opponent’s goal – the Badgers are hoping corrections will bring more success.“We’re doing a lot of focusing on our top of game play, which is positioning,” junior defenseman Arnel Zahorivic said. “Keeping the ball in small areas and then distributing it out wide. Just keep working on that and keep building so we can use that against Creighton. I think we’ll be very effective with that.”Despite all the work put in during practice, UW knows Creighton will still be one of its biggest challenges this year. For the young team, playing a top-20 team is certainly a helpful experience.“We’ll give it our best shot,” Succa said. “It’ll be a challenge, but I think it’ll be good for us.”Heading back on the road again will serve as a test for the Badgers. So far this season, the squad has been learning a lot with every game. While the Badgers feel they are continually improving, going on the road against a tough team will show how far the team has come.“We’re developing as well,” Zahirovic said. “If we just keep working hard, keep improving, I don’t see why we couldn’t put up a challenge against them. After all they’re just another team just like us.”
Montrose native Luke Bertolucci have come a long way since putting on the skates in Rossland/Trail Minor Hockey Association.The former Kootenay Ice star of the BC Major Midget Hockey League helped the Edmonton Oil Kings win the first MasterCard Memorial Cup title with a 6-3 victory over the Guelph Storm Sunday at the Tier I Junior Hockey Championship in London, Ont.This was the first Memorial Cup in the current franchise’s short seven-year history. Bertolucci, in his second season with the Oil Kings, helped guide Edmonton to the Western Hockey League title before shocking the critics at the Memorial Cup.After falling behind 2-1 in the first period, the Oil Kings scored five times in the final two periods to secure the win.A previous version of the Edmonton Oil Kings won Memorial Cups in 1966 and 1963 before relocating to Portland.The WHL ended a three-year run of Quebec Major Junior Hockey League teams winning the Cup. The Oil Kings were also the first WHL team to claim it since the Spokane Chiefs in 2008.WHL teams have won the most Cups since the tournament went to a round-robin format in 1972 with 19. The OHL has won 14 and the QMJHL 10.The Memorial Cup has been given to Canada’s junior hockey champions since 1919 in memory of those who died in the First World War.Sixty teams in the Western, Ontario and Quebec major junior leagues begin play every September. The three league champions join a host team in the annual tournament to determine the Canadian Hockey League champions.The 2015 MasterCard Memorial Cup will be held in Quebec City.
ARCADIA, Calif. (Feb. 3, 2016) – Bob Baffert’s trio of El Kabeir, Hoppertunity and Cat Burglar will all hope to cash in on the $500,000 purse in Saturday’s 79th running of the Grade II San Antonio Stakes at 1 1/8 miles contested on the main track.Formerly trained by New York based John Terranova, El Kabeir has been in Baffert’s shedrow here in Southern California since early December and will have his 4-year-old debut and a return to longer distances this Saturday. A winner of the Grade III, one mile Jerome at Aqueduct in January of his 3-year-old year and also a winner of the Grade III, mile and a sixteenth Gotham in March, El Kabeir most recently ran fourth to the 2015 Eclipse Champion Sprinter, Runhappy in the seven furlong, Grade I Malibu Dec. 26 at Santa Anita.With two bullet works serving as his most recent over the Santa Anita main track, El Kabeir would appear to like his new base of operations. Owned by the Triple Crown winning connections of Zayat Stables and by the late sire Scat Daddy, El Kabeir will gain the services of Gary Stevens for the first time in the San Antonio. El Kabeir is 12-5-2-2- overall with $852,892 in earnings.Hoppertunity, a 5-year-old by Any Given Saturday and a probable to travel to Dubai to run against California Chrome in the March 26th World Cup, hopes to win Saturday’s San Antonio first. A third to the late Shared Belief and California Chrome in this race last year, Hoppertunity won the Grade I Clark Handicap at Churchill Downs and Grade II San Pasqual at Santa Anita just prior to his San Antonio defeat in 2015.Out of 17 lifetime starts, his last 11 have all been consecutively run in Grade I or Grade II company. The bay gelding has only run out of the money once in nine starts over the Santa Anita main track and will gain Flavien Prat in the saddle Saturday. Owned by Karl Watson, Mike Pegram and Paul Weitman, he is 17-4-6-3 overall with $1,572,675 in earnings.Cat Burglar returns to his preferred track in the San Antonio as he attempts to win his first added money event. The often overlooked “other Baffert” in many of his 14 lifetime starts, has never run worse than second in six tries at The Great Race Place and most recently comes off a win in a mile allowance on Jan. 8 against San Antonio contender, Cyrus Alexander.The 6-year-old horse by the late Unbridled’s Song is owned by Michael Lund Petersen and will retain the services of Rafael Bejarano who was aboard for his most recent win. He is 14-4-4-3 overall with $ $334,400 in earnings.Also prominent, trainer Doug O’Neill will send out recently acquired Donworth for owner Paul Reddam’s Reddam Racing, LLC for the first time since purchasing the 4-year-old colt by Tiznow during Keeneland’s November breeding stock sale on Nov. 10. A winner of Delaware Park’s Stanton Stakes by 11 lengths on June 20 in his last out, brought $550,000 to top the sale when Dennis O’Neill, Doug’s brother and stable consultant bid by phone for the colt previously trained by Graham Motion.The complete field for the Grade II San Antonio, to be run as the 7th race on a nine race program Saturday, with jockeys and weights in post position order: Cat Burglar, Rafael Bejarano, 119; Donworth, Mario Gutierrez, 119; Cyrus Alexander, Martin Garcia, 119; Hard Aces, Joe Talamo, 121; Hoppertunity, Flavien Prat, 124; Blingo, Alex Solis, 119; Imperative, Mike Smith, 119 and El Kabeir, Gary Stevens, 119. First post time on Saturday is at 12:30 p.m. Admission gates open at 10:30 a.m.