first_imgWe hope that today’s “IS IT TRUE” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way?IS IT TRUE that vigilant reporter Jon Webb of the Evansville Courier has outed another local action that leaves one shaking their head in disbelief?…this time he has exposed that the unique Picasso on glass that the Evansville Museum was lost in a vault for decades that is reportedly worth some $40 Million has not been made available for local residents to enjoy?…it has also has not been leveraged through leasing to generate a single dime of income for the Evansville Museum?… If an object of art like this one were leased to bigger Metropolitan museums, it could easily fetch between $3 to $4 million dollars per year for the operating budget of the Evansville Museum?…the reality is that the Evansville Museum’s fortunate discovery of a decades-old donation is costing them money for storage, insurance, maintenance and other fee-based expenses associated with exotic art?…the Evansville Museum is not even forthcoming with information about this Picasso?…the choice to let this treasure of the art world languish as a money sink as opposed to a cash-generating inspiration for many is not only mind-boggling, it is hard to believe?…leaving $3 to $4 million dollars per year on the table isn’t being financially responsible?…it seems as though one folly begat another?…significant art like other things of substance calls for good stewardship and that is something that Evansville Museum  leadership needs to wok on?IS IT TRUE that the EVSC Superintendent of Schools Dr. David Smith opposes giving a reasonable hourly pay increase to part-time of the off-duty officers doing security work at our schools? …we urge any parent who appreciates the excellent work that the EPD part-time of the off-duty officers do to ensure the safety of our children please attend the next EVSC School Board meeting and voice your support for them?Is It True we are told that several businesses located on Main Street promoted circus elephants to stop in front of their stores on Main Street on Wednesday, November 21 (a day before Thanksgiving)?  …we are told there was a severe OUTCRY from many local people, including Animal Rights Protection and Zoology groups who were lashing out at the Main Street business owners, Hadi Shriners and all others who promoted this “Elephant Walk” on Main Street?  …we are told that Evansville Deputy Mayor, Steven Schaefer defended the downtown Main Street “Elephant Walk” on social media? ….we are told that the Evansville Chamber of Commerce asked a VOLUNTEER to resign as an “Ambassador” just because she publicly opposed the downtown “Elephant Walk?IS IT TRUE during the recent Annual Indiana Association Of County Commissioners (IACC) Conference held in Indy we were told that Vanderburgh County Commissioners Cheryl Musgrave and Ben Shoulders were seen having lunch with a consulting firm who wants to do business with the county?  …we were told when the consulting firm offered to pick up the tab for their lunch Commissioners Musgrave and Shoulder said “no” and paid for their own lunch?  …we commend Commissioners Musgrave and Shoulders for doing the right thing?  …we wish that other elected officials in Vanderburgh County would do similar?IS IT TRUE the most interesting comment we heard in recent months was made by the new Executive Director of ECHO Housing, Chris Metz when he declared that ECHO Housing Corp. was the victim of a crime and is not under investigation? …we would like to remind Mr. Metz that the real victims of the ECHO Housing Corp. crime are the homeless veterans, the disabled, abused children, the chronically unemployed and homeless families?  …we wonder if the criminal investigation by the EPD and the Forensic Audit will clear all of the ECHO Housing key employees and their Board of Directors of any wrongdoing?  …we wonder when will the information in the Forensic Audit and a copy of the EPD Criminal investigation report will be made public?  …we hope that any employee or vendor of ECHO Housing who is found guilty of stealing money that the authorities will throw their “asses in jail”?IS IT TRUE we find it extremely interesting that several individuals who served on the ECHO Housing Board Of Directors during the time that a large sum of taxpayers dollars was discovered missing are still members of the board?IS IT TRUE that the Evansville Thunderbolts Hockey team is the last place team in the Southern Professional Hockey League?  …they are also ranked 8 out of 10 in the SPHL attendance standings?  …the former Evansville Icemen are members of the ECHL and has an impressive won and loss record of 13 and 7? …that they are ranked number one (1) in the EHL Southern Conference?  …they are also ranked number five (5) in attendance in the ECHL 27 teams roster with a record of 5,390 attendees per game? …the Evansville Thunderbolts are heavily subsidized by the Evansville taxpayers?  …that the Jacksonville Icemen do not receive any public assistance from any governmental entity?  …the Jacksonville Icemen are operating in the black and the Evansville Thunderbolts are operating in the red?IS IT TRUE before October 3, 2018, we received the “Active Vanderburgh County Felony Charges” report from County Prosecutor Nick Hermann office for many years?  …after that date, we haven’t received one report from that office? …that next week the City-County Observer be employing the services of prominent attorney Scott Danks to file a formal complaint with the Indiana Public Access Officer against Mr. Hermanns office for not sending us the “Felony Charges” reports since Oct. 3, 2018?IS IT TRUE the North Main corridor master plan was designed to replace some street parking, provide an up-to-date bike trail, reduce crime and improve security in that area,  and bring economic development to that area? …it’s been about a year since this project was completed?  …we invite you to go to the North Main corridor area and see what kind of new retail businesses that this $18 million dollar public works project have attracted?IS IT TRUE in 1998 the Teamsters Local 215 established a Taft-Hartley Scholarship Fund? …the Trustees of the fund are Chuck Whobrey and Rick Voyles as employee Trustees and Gary Staley and Alan Braun as Employer Trustees? ..since 1998 the fund has awarded over $3 Million Dollars in Scholarships to sons and daughters of Teamsters members whose employers contribute to the fund?Todays“Readers Poll” question is: What should the Board Of Directors of the Evansville Museum do with the multi-million dollars “PICASSO On Glass” painting?If you would like to advertise on the CCO please contact us [email protected]: City-County Observer Comment Policy. Be kind to people. No personal attacks or harassment will not be tolerated and shall be removed from our site. We understand that sometimes people don’t always agree and discussions may become a little heated.  The use of offensive language, insults against commenters will not be tolerated and will be removed from our site.Any comments posted in this column do not represent the views or opinions of the City-County Observer or our advertisers FacebookTwitterCopy LinkEmailSharelast_img read more

Satterthwaites ceases trading

first_imgSatterthwaites closed its doors for the last time this weekend after failing to find a buyer for the business.The Liverpool craft bakery firm, which revealed the sale of its business to British Baker on social media website Twitter last month, ceased trading on Saturday (13 October). This included seven sites in the Crosby and Bootle areas, where around 70 members of staff worked.Roger Wilson, owner of Satterthwaites, told the Liverpool Echo: “A generation ago there were up to eight bakers in Crosby and now there are none. We have stood against the tide and we have only been able to do that because of the support of all the customers.“The staff have been wonderful and there has been tremendous loyalty from the customers. I’m just sorry that this loyalty has not been rewarded with continuity. I really feel that I am letting everyone down.”He added that he has been looking for over a month to find a suitable candidate to take on the Satterthwaites business.“It needs a baker who is a businessman, because ultimately the important thing for our firm is the quality of the goods,” added Wilson. “It might be possible to find a business that can run the firm, but we would be short of the necessary skills to carry it forward.”Satterthwaites opened its first shop opened on King Street in Southport in 1910 and was set up by Wilson’s grandparents, Walter and Miriam Satterthwaite.last_img read more

Delving into the archives of the National Bakery School

first_img1910: Students at the National Bakery School.1916: Short courses were offered by the National Bakery School during the First World War, including their first courses aimed specifically at women to help fill the labour gap caused by men joining up.1923: Cake ornamenting was a part of the National Bakery School course, including classes taught by the Polytechnic’s art department. This class are decorating a child’s birthday cake.1930: The Duke of York being presented with a cake in the shape of a crinoline doll for the Princesses Elizabeth and Margaret, at the opening of the Borough Polytechnic extension.1946: The National Bakery School started the first course in the UK specialising in sugar and chocolate confectionery. This image shows a lecturer at work with chocolate.1950: A piping class, including meringue swans.1969: The Duke of Edinburgh visited the National Bakery School as part of the official opening of the Polytechnic’s tower and extension buildings.1989: The National Bakery School made a cake to celebrate the 800th anniversary of the City of London. This image shows the detail of the cake featuring the Lord Mayor’s carriage. As the National Bakery School celebrates its 125th anniversary, British Baker looks back through the archives to discover what makes it such a special institution.Now the oldest bakery school in the world, the National Bakery School at London South Bank University is steeped in history and heritage.What was started by John Blandy on the premise of sustainability and innovation is now an institution that remains true to its core values – providing opportunities for everyone.“We stay true to our roots of being inclusive and offering opportunities to people with passion and drive, and a desire to be part of the baking industry, regardless of their A-level results,” says Devon Petrie, the school’s lecturer in science and baking technology.In 1899, the school was given its National Bakery School title after gaining support from the National Association of Master Bakers and Confectioners, the London Master Bakers Protection Society and the Scottish Association of Master Bakers.Ahead of its time, in 1915 the school became the first to arrange classes for women and, in 1920, it started a course in tea room confectionery, which was aimed at training women in every branch of baking needed for small restaurants and teashops. In the same year, it started offering a national diploma.Over the years, the school has had many connections with dignitaries, the first being a cake for HRH Princess Mary in 1921, and more recently a cake for the Houses of Parliament to mark 750 years since the signing of the Magna Carta. “For me, being able to walk in the footsteps of the likes of John Kirkland and E B Bennion is a privilege,” says Petrie. It’s a feeling echoed by Elaine Thomson, course director at the School: “We’re proud to be part of this rich heritage and if we can continue to move it forward with that community feeling then we’ve done our job.”The National Bakery School now collaborates with businesses and organisations both near and far. In 2018, it hosted the first American Association of Cereals & Chemists International Methods in Action workshop outside the US.It also works closely with the British Society of Baking and the Alliance of Bakery Students & Trainees to inspire the next generation of bakers to be critical thinkers and problem solvers.“We’re an extended family, all working for the same result – success for the industry and for individuals,” says Thomson. 1990: A cake made by the National Bakery School for Queen Elizabeth, the Queen Mother, who turned 90 in 1990.last_img read more

Bob Weir & Phil Lesh Welcome Jeff Chimenti, Larry Campbell, Teresa Williams For Chicago Opener [Audio/Photos]

first_imgLoad remaining images For the fifth and penultimate show of their duo tour, Bob Weir and Phil Lesh arrived at the opulent Chicago Theatre for another round of Grateful Dead music. The duo’s debut of “Estimated Prophet”, the surprise guest sit-ins from Jeff Chimenti, Larry Campbell, Teresa Williams, and Wally Ingram, all highlighted the Chicago Theatre opener.The environment was teeming with good vibes all around, and the duo wasted no time in bringing the magic. The first set was fairly straightforward. With the exception of Wally Ingram, who played percussion on only three songs, the first set was what many imagined when the tour was announced: Phil & Bobby, alone on stage, giving their take on numbers from the Grateful Dead canon. Phil started it off with “Box of Rain”, featuring Ingram on drums, who left the stage to just the two bandmates for the next two songs.”Ramble On Rose”, “Cosmic Charlie”, and “Looks Like Rain” were all gentle versions, with Bob on acoustic guitar. “Looks Like Rain” especially sounded like it was made for no electricity, as the two reminisced the origins of the song: “I remember you bringing this song over to my house on a rainy night in Fairfax, and playing this incredible song right there in my living room. I never forgot that it was very moving,” expressed Phil. “And the cool thing is the bulk of it we wrote over the telephone,” Bobby added, referring to his co-writer John Perry Barlow.The duo’s first time playing “Estimated Prophet” was a unique one, as the strange time signature of the song presented a new composition without the power of a drumkit (and the Rhythm Devils!), though Bobby executed the song’s solos to perfection. Perhaps the most precious moment of the first set was when a child–just barely old enough to walk–pranced onto the stage, almost reached Phil, and then sheepishly pranced back off stage. The crowd noted the child’s curiosity and gave him a big cheer. The Dead family undoubtedly lives on. “Operator” followed and the set closed out with an especially raunchy “West LA Fadeaway”. Watch the first-set opener below, courtesy of nugs.tv.The second set was irrefutably better. The energy level was not even comparable, and this certainly had to do with the guests that Bob and Phil brought out. Joining the two were Larry Campbell and Teresa Williams, who accompanied Bob and Phil in Boston. A piano was sat abandoned for the first set and fans were happy to see that Jeff Chimenti was the one who would occupy it for the entirety of the second set. And with Ingram sitting in as well, the second set gave the audience a full-band setup.Bobby, Phil, and guests opened with a phenomenal version of “Playin’ in the Band”, followed by the revered “Scarlet Begonias” complete with a smooth transition to “Fire on the Mountain”, marking one of the evening’s best segments. It was surprising how many peaks they tried to fit in the buildup of “Scarlet Begonias”, as Bob and Phil continued to lure the other musicians into another round of jamming. In almost rehearsed synchronicity, for the final peak, a balloon slowly floated onto the stage right in front of Phil. Instead of ignoring it, Phil took a massive kick and booted it just as he hit the peak, and the balloon returned from where it came. The transition into “Fire On The Mountain” was seamless, and once they officially began the song, it was just Bobby and Phil for a couple measures before Campbell joined in with a mandolin. Watch the second-set opener below, courtesy of nugs.tv.A spacey introduction allowed the music to settle on “Dark Star”. The vocals were majestic in the song, as first Teresa Williams, then Phil, and finally Bobby took a line in each verse before getting to the chorus. “St. Stephen” was properly juxtaposed to the spacey “Dark Star”, as the familiar guitar lick and sing-along lyrics were open to involve the whole crowd. “A Hard Rain’s Gonna Fall” was unusually placed amidst a set filled with Dead heavy-hitters, but “Bird Song” brought it right back up, and also demonstrated the versatility of Campbell as he used an acoustic cittern for the tune. Finally, a rousing rendition of “Sugar Magnolia” closed the second set with an exclamation point. “U.S. Blues” was a last minute modification to the show and was played in the encore slot.With only one more show on their very brief tour, Bob and Phil showed that they still can bring the magic to the masses. It was great seeing them together on stage, and tonight the two will bring the music for one last time.You can listen to the full show audio below, courtesy of JeffFrank:[Audio: JeffFrank]Setlist: Bobby & Phil | Chicago Theatre | Chicago, IL | 3/10/2018Set I: Box Of Rain pl @ *, Ramble On Rose bw @, Cosmic Charlie bw pl @, Looks Like Rain bw @, Estimated Prophet bw *, Operator pl @, West L.A. Fadeaway bw *, Voter Rap bwSet II [ w/ Jeff Chimenti, Larry Campbell, Teresa Williams & Wally Ingram ]: Playing In The Band bw @ # +, Scarlet Begonias bw # > Fire On The Mountain bw ^, Dark Star tw pl bw > St Stephen bw pl tw > A Hard Rain’s a Gonna Fall bw, Bird Song pl §, Sugar Magnolia bwEncore: Donor Rap pl, U.S. Blues bw*Wally Ingram percussion @ Bobby Acoustic, # Larry Acoustic, + Bobby Electric, ^ Larry Mandolin, § Larry MandolaBobby & Phil | Chicago Theatre | Chicago, IL | 3/10/2018 | Photos: Daniel Ojedalast_img read more

Shumlin names Ross, Miller, Powden, Noonan to key administration posts

first_imgChuck Ross, Secretary of AgricultureChuck Ross has been the State Director for U.S. Senator Patrick Leahy for the last 16 years. In addition to his management responsibilities he has focused on the issues of sustainable development, energy and emerging business opportunities, including opportunities relating to agriculture and food systems. During this time he has also helped manage his family’s farming interests in Vermont and Iowa. Prior to being employed by Senator Leahy, Ross worked on his family’s farms and served as the State Representative from Hinesburg. As State Representative he served on the House Natural Resources and Energy Committee and concluded his service as Chairman in 1994.Ross has served on various boards in Vermont including The University of Vermont (UVM); Shelburne Farms; Fletcher Allen Health Care; The Rubenstein School of the Environment and Natural Resources at UVM; and Leadership Champlain. Currently Chuck serves as a liaison to the Vermont Council of Rural Development.  Ross graduated from UVM with a BA and an MA in from University of Washington, Seattle WA. where studied agricultural land use changes in Vermont and the nationally. He lives in Hinesburg with his family. As Secretary of Agriculture, Ross’s annual salary will be approximately $109,000.Annie Noonan, Commissioner of LaborAnnie Noonan has more than 33 years professional experience in labor relations, government and legislative lobbying in Vermont and New England, including a long tenure as the Executive Director of the Vermont State Employees Association. She worked for 5 years for the University of Vermont Career Planning and Placement Office assisting students, local residents and (Vietnam) veterans with job placement. She is currently working for the University of Connecticut Professional Employees and is in charge of labor relations, arbitration and health and safety division.Over the years, she has been appointed by Vermont governors and legislative leaders to serve on study committees for government accountability and efficiency; public pensions; PTSD in public safety workers; revamping public sector contract funding; telecommuting; the council on diversity and affirmative action, and the joint labor-management committee on child and elder care.Noonan graduated South Burlington HS, the University of Vermont (BA), and the University of Massachusetts (MS in Labor Relations & Research). Following graduation, she served as graduate researcher and taught labor law to women in non-traditional (’trades’) occupations. Annie lives in Montpelier and has one daughter, Colleen Noonan. As Commissioner of Labor, Noonan’s annual salary will be approximately $94,000.### Much like his first round of high-ranking appointments last week, Governor-elect Peter Shumlin announced key appointments to his cabinet today that contained a couple of surprises. The Governor-elect announced that Lawrence Miller will be the Secretary of Commerce and Community Development. Miller will work closely with Patricia Moulton-Powden who will be the Agency’s Deputy Secretary. Chuck Ross will be the Secretary of Agriculture and Annie Noonan will be the Commissioner of Labor. This team will work together closely with one shared mission, Shumlin said, job creation.  Shumlin made these appointments a top priority in his transition as economic development and the creation of good paying jobs in Vermont will be his administration’s primary focus.Pictured from left: Pat Moulton-Powden, Lawrence Miller, Governor-elect Shumlin, Annie Noonan and Chuck Ross. Photo by Vermont Business Magazine. Press play to listen to press conference.While Ross and Noonan were among those much anticipated to join the Shumlin administration, the governor-elect strode to the podium with a couple of surprise selections. Just as naming state Treasurer Jeb Spaulding as administration secretary was the biggest story in the first round of appointments, Shumlin’s selection of Pat Moulton Powden as the number two person in the development agency was perhaps the biggest this time around. She served under both Democratic and Republican administrations and most recently was Governor Douglas’ Labor Commissioner. She recently went to the Vermont Chamber of Commerce and now is back in an agency where she once ran Economic Development. The other surprise was Miller, who has been a longtime entrepreneur and business executive. The announcements were made in Burlington at UVM’s Davis Center.‘I am thrilled that each of these talented individuals has agreed to join our job creation team,’ said Shumlin. ‘Vermont has a bright jobs future. Agriculture, manufacturing, renewable energy and efficiency, technology, and tourism will be job creators in a new Vermont economy if we have the vision to transform the way we do business. These four appointees are uniquely suited to seize that opportunity.””Agriculture is a critical engine of economic growth and there is a direct connection between our farms, our vibrant communities and a strong economy,” Shumlin continued. “The Agency of Commerce will work closely with the Agency of Agriculture to seize the job creation opportunities that sustainable and conventional agriculture represent. The Agency of Labor will play a critical role in developing workforce training initiatives that support small businesses and create good jobs. Lawrence, Pat, Chuck and Annie will make a great team, and I am grateful to them for accepting this challenge.’Lawrence Miller, the Secretary-designee of Commerce and Community Development, is a Vermont entrepreneur who in 1990 founded Otter Creek Brewery Following the sale of Otter Creek, Lawrence became involved with Danforth Pewter and moved into the role of CEO. He has been involved with creating economic development strategies for Vermont through his work on the Vermont Economic Progress Council and the Clean Energy Development Fund.For the past 20 years, Patricia Moulton-Powden, the Agency’s Deputy Secretary-designee, has been on the front lines of economic development. She has served in a number of state roles, including Commissioner of Economic Development and Commissioner of Labor, and is well known and respected by the Vermont business community.Chuck Ross, the Secretary-designee of Agriculture has been a key member of Senator Leahy’s staff for sixteen years. He has been highly involved in the Senator’s extensive efforts to preserve and support our dairy farms and encourage business development across Vermont. In recent years he’s been part nearly every major discussion about a Vermont agricultural renaissance.Annie Noonan, the Commisioner-designee of Labor, been working in labor relations for 30 years, including as Executive Director of the Vermont State Employees Association. In that role, she was often called upon by legislators for her wisdom and good judgment. Annie is passionate about creating jobs that can keep our young Vermonters here and that expand opportunities in the trades sector.While announcing his job creation team, Shumlin also acknowledged the important role that Vermont’s higher education institutions play in any successful economic development endeavor. Dean Tom Vogelmann, Provost Jane Knodell, Vice President Domenico Grasso and Dan Smith of the Vermont State Colleges were all present for the press conference, which was held at UVM.Biographical and salary information for appointees:Lawrence Miller, Secretary of Agency of Commerce and Community DevelopmentMiller was the founder of Otter Creek Brewing, Inc. As owner, CEO, and Brewmaster Lawrence grew Otter Creek from a single-person, draft only brewery to a leading Regional Specialty brewer from 1990 through the successful sale of the company in 2002.After selling Otter Creek, Miller developed an independent advisory practice focusing on manufacturers of consumer products including start-ups, high growth companies, and turnarounds. During this period Lawrence also served on the Committee of Operating Executives at Worth Mountain Capital Partners and as a Peer Advisor with the Vermont Peer-to-Peer Collaborative, now housed at the Vermont Sustainable Jobs Fund. In 2007 he accepted the position of Chairman and CEO at client company Danforth Pewter where he has led a migration strategy from wholesale to multi-channel consumer marketing, including acquisition of compatible pewter brands.Miller has direct experience with the Agency of Commerce and Community Development. He currently serves on the Oversight Panel for the reform of State and Regional Economic Development and Planning services, which was created as part of Challenges for Change. From 1997 to 2006 he served as a Board Member of the Vermont Economic Progress Council, the last two years as Chairman. VEPC was tasked with long range economic development planning and administering the state’s tax incentive programs in support of a vision of ‘Vermont as an economically and environmentally healthy place to work and live.’ He was also the first Chairman of the Vermont Clean Energy Development Fund, and currently serves on the Advisory Committee of the new VSJF Flexible Capital Fund. He has also been a member of the North Country Angels investment group for several years.Miller earned his undergraduate degree in psychology in 1987 from Reed College, in Portland, Oregon. From 1997- 1999 he completed the Birthing of Giants Entrepreneurial Leadership program at MIT, in Boston. Miller is a resident of Ripton and is married to Ginger Dowling Miller with two children ages 14 and 9. As Secretary of ACCD, Miller’s annual salary will be approximately $109,000.Patricia Moulton Powden (pictured with Chief of Staff Bill Lofy), Deputy Secretary of Agency of Commerce and Community DevelopmentPatricia Moulton Powden joined the Vermont Chamber as the Vice President of Public Affairs in July 2010. Prior to joining the Chamber, Pat served as Commissioner of Labor for four years under Governor Douglas. Prior to her position as Commissioner, she was appointed by Governor Douglas to serve as the full-time Chair of the Vermont Natural Resources Board.Prior to her environmental regulation and policy work, Powden spent 22 years in the practice of economic development on the local, regional, and state levels. Working for several different local and regional development corporations, Powden helped many companies start-up, expand, and relocate to Vermont. In 1990, she was appointed Deputy Commissioner of the Vermont Department of Economic Development by Governor Snelling and subsequently appointed Commissioner of Economic Development by Governor Dean. Powden also ran her own economic development consulting company for several years. She is a native Vermonter born in Rutland and educated in public schools in Montpelier and Hartford, Vermont. Powden is a graduate of the University of Vermont with a bachelor’s degree in Political Science. She is married to Timothy Powden and lives in South Londonderry, Vermont. As Deputy Secretary of ACCD, Powden’s annual salary will be approximately $98,000.last_img read more

CUNA: CFPB ‘well beyond’ authority with HMDA rule

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The huge expansion of Home Mortgage Disclosure Act (HMDA) data beyond Dodd-Frank requirements is not necessary for the Consumer Financial Protection Bureau (CFPB) to carry out its mission, says the Credit Union National Association (CUNA). In a comment letter filed with the Office of Management and Budget Friday in response to a request for comment on HMDA data collection, CUNA shared its numerous concerns about the negative impact on credit unions.The CFPB finalized the HMDA rule in October, adding requirements to report on, as CUNA calls it, “a staggering 48 data fields,” far more than the 17 required by law.“While Congress did authorize the CFPB to collect ‘such other information as the bureau may require,’ it is unlikely this grant is an unbridled delegation to the CFPB to more than double the amount of express data points that Congress had indicated for the bureau to collect,” the letter reads.CUNA is also concerned that the CFPB has failed to articulate what HMDA data will be made public. Dodd-Frank explicitly directs the CFPB to develop regulations to determine which data points will be made public. continue reading »last_img read more

NAFCU writes Mnuchin, slams ICBA misinformation about credit union tax exemption

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NAFCU President and CEO Dan Berger, in a letter to Treasury Secretary Steve Mnuchin, hit back Tuesday against misinformation being spread by the Independent Community Bankers of America about the credit union tax exemption in a paper on regulatory relief.“It was surprising that the ICBA used its white paper as an opportunity to attack credit unions,” Berger wrote. “As community-based financial institutions, credit unions and community banks are both familiar with the need to mitigate the currently overwhelming weight of regulatory burden, which should be the primary focus of any sincere plan to promote economic prosperity.”“Simply put, the tax exemption benefits the nation and is an issue of survival for credit unions,” Berger added. “Despite what some may claim, there remain significant regulatory and statutory differences between not-for-profit member-owned credit unions and other types of financial institutions – including limits on who they can serve and their ability to raise capital. [However,] during the financial crisis, credit unions continued to lend to consumers and small businesses that were left behind by the banks. Credit unions are proud of their continued service to Main Street America.”Berger also noted that more than one-third of banks are Subchapter S corporations that pay no corporate income tax. He also touted the independent study NAFCU commissioned earlier this year that showed the benefit to U.S. consumers from the tax exemption is $16 billion per year. This adds up to $159 in growth over a 10-year period. Eliminating the exemption would cost the federal government $38 billion in lost income tax revenue and shrink the gross domestic product by $142 billion, eliminating nearly 900,000 jobs in 10 years. continue reading »last_img read more

Two cases your credit union should pay attention to

first_imgMy morning scan of the internet for news my credit union friends can use has led me to decide to comment on two cases that could have important consequences for your credit union.First, there is this article highlighting the importance of a lawsuit that USAA is bring against Wells Fargo. The case was filed in June 2017. USAA claims that Wells Fargo has violated its remote deposit capture technology patents. The importance of this case to credit unions is obvious: There’s a good chance that if you offer remote deposit capture, the outcome of this case will impact whether or not you ultimately enter into a licensing agreement with USAA.If you remember earlier last year many credit unions received ostensibly non-threatening letters from USAA in which they were informed that USAA invented remote deposit capture technology as part of its efforts to make banking available to military personnel no matter where they are located. The letter invited your credit union to enter into a licensing agreement. Coupled with  this  pleasant language was the implicit threat of a lawsuit. It appears that Wells Fargo has decided not to settle. I’m in no position to pass judgment on the merits of these claims but I do know it is hotly contested. A win by Wells Fargo would obviously make it that much more difficult to successfully bring claims against your credit union. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Second ‘Tioga Tells’ survey hopes to help county residents with pandemic recovery

first_img“We’ve gotten over 200 responses and it looks like childcare is certainly one of the top things that residents are indicating has created some issues for them and metal health issues which is no surprise,” she said. “And job loss from layoffs was another big one.” The organizations conducted their first quality of life survey last year, and were ready to begin implementing new community initiatives based on the results, but they decided to head back to the drawing board and see if the pandemic has changed the data and information collected the first time around. OWEGO (WBNG) — Tioga Opportunities is teaming up with Americorps Vista and Rural Health Network of South Central New York for their second Tioga Tells quality of life survey, this time focusing on the impact of the COVID-19 crisis. “We have to figure out ‘okay what do we have to do to help people just get on with their day especially because of the childcare and food insecurity these are relatively new issues,” said project leader Catherine Faruolo of Americorp Vista. Tioga Opportunities Executive Director Maureen Abbott says some results from the survey are already in, giving them a better idea of what areas they will be focusing on.center_img The survey seeks to access the impact of the pandemic on Tioga County residents and provide relief in areas where it’s needed. They say the goal is to increase the available opportunities for community members to play a role in municipal policy and decision making. Once the results are in they will be compared to last years survey and the organizations will meet with community partners to see how the results can be used to help residents better deal with the pandemic. To learn more and take the survey, click here.last_img read more

In November, tourist arrivals grew by 20 percent

first_imgAccording to the eVisitor system, which includes tourist traffic realized in commercial and non-commercial facilities and nautical charter (eCrew system), almost 380.000 arrivals and 955.000 overnight stays were realized in Croatia in November, which is a high growth of 20 percent compared to the same month last year. in arrivals and 5 percent in overnight stays. Most overnight stays in Zagreb During November, most overnight stays were realized in Zagreb (166.000 overnight stays) and in Istria (149.000 overnight stays). It is followed by Kvarner with 132.000 overnight stays in November and the Split-Dalmatia County with 120.000 overnight stays. In Dubrovnik-Neretva County, 97.000 overnight stays were realized, in Zadar County 87.000 overnight stays,  while in Šibenik-Knin County there were 35.000 overnight stays. On the continent, not counting Zagreb, most overnight stays were realized in Krapina-Zagorje (27.000), Osijek-Baranja (18.000), Vukovar-Srijem (14.000) and in Međimurje and Varaždin counties, where 13.000 overnight stays were realized. The top markets with the highest number of overnight stays in November are Slovenia, Germany, Bosnia and Herzegovina, Austria, Italy, Korea and the USA, while the top destinations with the highest number of overnight stays are Zagreb, Dubrovnik, Opatija, Split and Rovinj.Photo: Hrvoje Pilić (archive of the Zagreb Tourist Board)Tourism Minister Gary Cappelli stressed that the good results are the result of a well-thought-out strategy. “We are approaching the end of the calendar year and we can be proud of our year-round tourist year, which was marked by a positive trend in tourist traffic, which is accompanied by indicators of tourist consumption and income. This is the result of our well-thought-out tourism policy of responsible and sustainable tourism, which will play an important role in our future plans and the Tourism Development Strategy until 2025, which we are initiating. The attractive tourist offer is especially enriched during this holiday season with popular and well-attended Advent events that additionally attract guests from all over the world, but also encourage domestic movements.”, said Minister Cappelli.”We are pleased with the growth of tourist traffic, which we have maintained during these winter months. We expect a very positive impact of the Advent period on the entire tourist year, which is why a special promotional Advent campaign is underway in eight key European markets, including Austria, Switzerland, Italy, Germany, Slovenia, France, Hungary and the United Kingdom. In addition to Advent, which is one of the key motives for coming in the winter, we are focused on promoting other tourist products, so a promotional campaign for business tourism is underway, which aims to extend the season., said CNTB Director Kristjan Staničić, announcing the imminent start of a promotional campaign for nautical tourism, which will be implemented by mid-January next year in nine European markets.From January to the end of November, 6 percent more arrivals were realizedIn the period from January to the end of November, there were 19.4 million arrivals (+ 6%) and 105.2 million overnight stays (+ 4%). Out of that, foreign tourists realized 17.3 million arrivals (+ 6%) and 92.6 million overnight stays (+ 4%), while domestic tourists also recorded increases in arrivals by 9% and in overnight stays by 5%. During the eleven months, the highest number of overnight stays was realized in Istria (28.3 million), while in the Split-Dalmatia County 19.8 million overnight stays were realized, ie 18.9 million overnight stays in Kvarner. They are followed by Zadar County with 14.5 million overnight stays and Dubrovnik-Neretva County with 8.8 million overnight stays. In Šibenik-Knin County, 7.1 million overnight stays were realized, in Lika-Senj County 3.3 million overnight stays, while in Zagreb 2.3 million overnight stays were realized. On the continent, not including Zagreb, most overnight stays were realized in Karlovac (611.000), Krapina-Zagorje (323.000), Zagreb (191.000), Osijek-Baranja (188.000) and Međimurje counties (176.000). At the national level, during the first eleven months, most overnight stays were realized from the markets of Germany (21.1 million), Slovenia (10.5 million), Austria (7.7 million), Poland (6.3 million) and the Czech Republic (5.5 million), and the top destinations by overnight stay. are Dubrovnik, Rovinj, Poreč, Split and Medulin. RELATED NEWS:last_img read more