Everything’s coming up roses

first_img 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr CUNA’s economic and CU outlooks are the rosiest they’ve been in years.by: Mike SchenkCredit unions reported strong membership and loan growth, healthy asset quality, and higher earnings and capital ratios, according to NCUA’s third-quarter 2014 financial and operating data.Credit union memberships increased 1.1% (4.4% annualized) in the third quarter, up from a 1% increase in the second quarter and a 1.1% jump in the third quarter of 2013.The 12-month increase in memberships (2.9%) is nearly four times higher than the change in U.S. population during the period (0.73%).Improving labor markets, higher incomes, and pent-up demand led to fast credit union loan portfolio growth in the third quarter. The 3.4% quarterly increase (13.6% annualized) compares with a 3.3% increase in the second quarter and a 3.2% increase in the year-ago period.Loans grew 10% in the year ended September 2014—roughly double the rate for banks (4.9%). Each of the seven key loan growth portfolios we track reflect healthy quarterly and year-over-year increases. New vehicle lending leads the way, reflected in a 6.2% quarterly increase and an eye-popping 19.2% increase over the past year. continue reading »last_img read more

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The Flight of the Snowbird

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Climate change, even though it’s a complete hoax, has so messed with our weather patterns on Long Island that the calendar no longer dictates the temperatures we’ve come to associate with our seasons.Case in point, the first day of December was a moderate 50 degrees. The sun shined. Birds chirped. Light sweaters sufficed for cover. A day earlier, the bitter freezing, driving rain caused Canadian geese to migrate northward to escape the cold. Nothing is what it has ever been–or ever will be again.In short, it’s getting weird.The calendar no longer suffices when it comes to predicting the weather. The weather forecasters seldom seem to get it right. How do you know when it’s time to break out the winter coats, dust off the UGGs you preemptively brought out in the first week of October because drinking pumpkin-spiced lattes in flip flops just seemed wrong, and resign yourself to the reality of an unavoidably brutal New York winter?Why, you follow the flight of the snowbirds, of course.Snowbirds, unlike the newly-coined invective “snowflake,” is northeastern slang for those who move from New York to Florida in the wintertime. There is no set date for this migration. It just happens.You notice by the increasing traffic surrounding LaGuardia and JFK airports. The lobbies fill with smart blue-and white-haired folk who have put in their time enduring biting air that hurts your face, the indignity of trying-and failing-to keep balance while walking across parking lots made treacherous with black ice, and suffered countless flat tires on Long Island’s many, many, many potholes. (So many. But don’t worry. Road construction crews will repair the roads come spring time. During rush hour. At your expense. You’re welcome.)That’s right, those who have paid their LI winter dues will head southbound to the land of sun, sand and white pants in winter. How do they know exactly when to shuffle off this frigid coil and head down? Well, no one knows exactly.Scientists could study it, but who would listen? All we know is that like canaries in the coal mines, when you see airports teeming with grandparents and moving trucks heading from New York to the sunshine state, winter is nigh.(Photo credit: Pixar’s Up)last_img read more

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Lack of strikers, Rangers major problem – Coach Salisu

first_imgRelatedPosts COVID-19: Rangers supporters kick against declaring Plateau United NPFL champions LMC condoles with Rangers FC on player’s death Rangers FC players get 10-day break Salisu Yusuf, Coach of Rangers International Football Club of Enugu, on Tuesday identified lack of strikers as the club’s problematic department. Yusuf told the News Agency of Nigeria in Enugu, after the morning training, that other departments had been fixed. “Our problem is from the striking force as other departments have been fixed and there is the transition from the back to the front. “We have improved a lot but our strikers are letting us down by missing several begging chances created in every match. “In the match against Heartland FC of Owerri in Okigwe Township Stadium, we created lots of chances but converted only one. “But Heartland was able to convert two of their few chances created. “So, our strikers made the match not to have its true reflection,’’ the coach said. He said that the players were ready to change things to ensure good results, both at home and away. “We are ready to play because there is a lot of improvement from the time I arrived here. “Though we have not won a match from the time I took over but soon, people will start seeing the dividends of all we have been doing with this club. “In every match we played, we do create up to a minimum of six chances so our problem is converting them. “At times, some things are unexplainable in football but we are going to keep on working hard to improve in all the departments.’’ NAN reports that Rangers occupied 20th position in the league with six points after nine matches, scoring five goals and conceding 10 in the league.Tags: Rangers International Football ClubSalisu Yusuflast_img read more

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