Shelby’s regulatory relief draft expected this week

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Senate Banking Committee Chairman Richard Shelby, R-Ala., is expected this week to release a draft of his regulatory improvement legislation, which could include several regulatory relief measures specifically aimed at credit unions and community banks.The Senate Banking Committee is scheduled to hold a mark-up of “The Financial Regulatory Improvement Act of 2015” May 21. NAFCU staff continue to work closely with committee members and their staff to advance credit unions’ relief needs and will monitor the draft bill’s progress closely. The bill could  also draw amendments focused on other areas of regulatory reform during the mark-up.“NAFCU looks forward to continuing to work with lawmakers in the Senate Banking Committee and elsewhere to advance credit union regulatory relief,” said NAFCU Vice President of Legislative Affairs Brad Thaler. “We applaud Chairman Shelby and others who are acting to help credit unions out from under the current heavy regulatory burden.”NAFCU testified on the need for regulatory relief for credit unions before the committee in February, and it has urged the committee to take action on various regulatory relief measures pending before the Senate, including privacy notice relief, relief from qualified mortgage requirements and the “National Credit Union Administration Budget Transparency Act.” continue reading »last_img read more

Wednesday people roundup

first_imgEaton Vance, The Pensions Trust, F&C Investments, Aegon UK, Baring Asset Management, VanguardEaton Vance – David Morley is taking on the role of business development director of UK institutional, at Eaton Vance Management International (EVMI), a subsidiary of Eaton Vance Corp. Based in the firm’s London office, Morley will be responsible for business development and the management of key institutional and consultant relationships in the UK and Ireland. He will report to Niall Quinn, managing director and president at EVMI. He was previously head of institutional sales for the UK and Nordic region at Lombard Odier Investment Managers, and before that, Henderson Global Investors, where he was director of institutional business.The Pensions Trust – Andy O’Regan has been appointed executive scheme manager at UK workplace pension fund The Pensions Trust, and joined the fund in December. The pension fund said O’Regan’s appointment was one of several hirings it made to support the new strategy it announced last year. O’Regan has been a pensions actuary for 12 years. His most recent job was with KPMG, and he has also worked at Mercer and LCP.F&C Investments – David Walker has been hired by F&C Investments as investment director in F&C Private Equity Funds, coming to the firm from the European Investment Bank (EIB) in Luxembourg. He will be returning to his native city of Edinburgh to take up the new job, after spending 14 years in Luxembourg. At the EIB, Walker was head of infrastructure funds and before that deputy head of equity funds at the European Investment Fund. Aegon UK – Ian Pittaway has been appointed as chair of the independent governance committee. He has been a partner at Sacker & Partners since 1996. He is also an independent trustee and, since 2014, chairman of the Association of Professional Pension Trustees.Baring Asset Management – Rod Aldridge has been promoted within Baring Asset Management to the position of head of wholesale distribution for the EMEA. He will still be based in London and report to Angus Woolhouse, global head of distribution. Aldridge joined Barings in 2008 and was most recently head of UK wholesale distribution. Before Barings, he worked at Gartmore Investment Management. He will be replacing Oliver Morath, who resigned from Barings for another job within the industry, the investment management firm said. Vanguard – John James, managing director of Vanguard Australia, and Colin Kelton, principal of Vanguard’s retail marketing and communications group in the US, have been appointed to new roles on the leadership team of Vanguard’s International group. They will report directly to Vanguard International’s managing director James Norris. James will be replacing Thomas Rampulla, who will go back to the US after seven years leading Vanguard’s operations in the UK and Europe, and head up the firm’s Financial Advisor Services division by the middle of this year. Kelton will become managing director at Vanguard Australia.last_img read more

100 Million Mask Challenge

first_imgFacebook243Tweet0Pin0Submitted by ProvidenceUPDATE: Thanks to an overwhelming response from our community, many individuals have volunteered to sew surgical masks for us. However, we’re pleased to report that local manufacturing companies have stepped up to rapidly produce masks and face shields for us on a large scale. As a result we do not need volunteers to sew masks for our caregivers, and we will not mail or distribute sewing kits. We are truly grateful for your willingness to help. As we assess the situation in the coming weeks, we will let you know if we need your assistance.Providence St. Peter and Providence Centralia hospitals, along with others throughout our state have been overwhelmed by the generous offers pouring in to help create masks.We appreciate the donations of unopened boxes of surgical and N-95 masks.So that we at the local level can continue our work of focusing on our patients during the ongoing COVID-19 emergency, our larger Providence System team is partnering with another organization to implement the 100 million mask challenge across the country.We will update our website with information as progress is made with our new partner on the 100 Million Mask Challenge.Information about our efforts to raise funds and awareness to address this health crisis can be found at providence.org.last_img read more

Active Transportation Plan Takes Great Strides Forward

first_imgRecently, two “spurs”, or small connecting trails, or shortcuts, have been completed. One connects the end of Second Avenue to the Rail Grade and another connects Columbia Kootenay Road with Eight Avenue. The latter was just completed last week. The local Interact club aided with funding for those two projects, and the students in the club also helped brush-clear the area where the trail went in before the Kootenay Columbia Trails Society (KCTS) came in to do the actual trail building.   The next big project for the ATP, which will soon be put out to tender, is the LeRoi Hollow Trail, which will connect lower Rossland to just below Ferraro’s. Behind Ferraro’s there is a steep embankment ending in a flat section, currently used for snow dumping in the winter. From this flat section, there is a length of city-owned land that extends down to where Cook Avenue and Queen Street meet, and this is where the proposed trail would end.   With the 2009 completion of the Centre Star Gulch Trail, which connects with the Centennial Trail and comes out next to Esling Park Lodge on Spokane Street, the addition of LeRoi Hollow and the Trail Creek Trail will create a “spine” of trails through town that could mean those with epic biking aspirations can conceivably cycle (or hike, if you’re really ambitious) right from Red Mountain to Warfield and eventually to Trail, using a combination of ATP trails and KCTS trails like Centennial and the Wagon Road.   Other recently-completed ATP routes, or “trunk” trails, leading east-west through town connect Nevada Street to the museum through the ballpark, and Centennial Park with Nevada Street. Yet another trail connects Nevada with the Miner’s Hall through an old alley-way.   The ATP was submitted to council in January 2009 and approved, leading to the city allocating funds in its budget to help build the trail system, though, as mentioned in this story, funds from grants and organizations like Interact have been key in seeing some of these projects through. For more information on the ATP, you can visit the city’s website to view and download the entire ATP plan, which includes details of proposed trails, photos of potential trail sites, and lots of maps that give a good idea of what the future might hold for pedestrian and cycling traffic in town. On July 18, the province’s Cycling Infrastructure Partnerships Program’s Bike BC Program announced that the city of Rossland is one of 16 communities to receive grant money to help build and improve local cycling infrastructure. Rossland’s portion of the grant is $25,000.   “We’re committed to investing in community cycling infrastructure to improve the health and well-being of all British Columbians. This investment will help make cycling a viable transportation option for families and communities, as well as reduce greenhouse gas emissions,” said the Minister of Transportation and Infrastructure, Blair Lekstrom, in a news release.   The city of Rossland will be applying the grant money to the new Trail Creek Trail, which will connect lower Rossland, starting at the corner of Victoria and Washington, with the clubhouse at Redstone. Phase One of the project was completed last year. It saw the trail built from the trailhead to Redstone Drive. Part of the grant money will be used to complete this section with top dressing, but the larger part of the funds will go towards completing phase two of the trail, which will extend the run from Redstone Drive to the Redstone clubhouse. Phase two of this particular project will begin in earnest August 15, the goal being to have the trail complete by mid-autumn.  The building of Trail Creek Trail is one of several of the city’s Active Transportation Plan (ATP) projects that are designed to reclaim the city’s legal right-of-ways through the town to improve recreation and also to better pedestrian access to services and destinations.   last_img read more

Mallard’s Team of the Week — LVR Bombers Sr. Girls Basketball

first_imgThe L.V. Rogers Bombers take flight this weekend to Invermere to participate in the David Thompson Lakers Invitational Girl’s Basketball Tournament. This is the first taste of East Kootenay opposition for LVR, which has attended two tournaments this season in Vernon. Staff at Mallard’s Source for Sports would like to give the girl’s grand send off with Team of the Week honours. The team includes, back row, L-R, coach Val Gibson, Erica Augsten, Brittany Wheeler, Melinda Halstead, Jayden Roch and Rachel McKenzie. Front, Samantha Einarson, Devyn Parker, Kiandra McLaren, Taryn Scarff and Kylie Mirva. Missing assistant coach Sarah Fuhr.last_img read more

Two slayings linked, likely drug-related

first_imgVAN NUYS – Two men were killed in a Van Nuys apartment building during a drug deal and their bodies dumped within a few blocks of each other, police said Tuesday. The men, both in their mid-20s, exchanged gunfire in an apartment in the 14600 block of Saticoy Street about 6 p.m. Monday, officials said. One man died in the apartment building from gunshot wounds in the upper torso. The other fled with accomplices in a gray minivan. His body was found soon after in the minivan in the 700 block of Van Nuys Boulevard, less than a mile away. He also suffered gunshot wounds in the upper torso. Police believe that the slayings were narcotics-related and that the victims, along with other suspects, knew each other. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “This wasn’t a random act,” Van Nuys Capt. James Miller said. “This is definitely a situation where both sides knew each other, and the nature of their activities is what precipitated the homicide. The community itself is safe.” Witnesses told police they heard gunshots and then saw people running out of the building, although they gave different accounts of how many people fled, Detective Al Aldaz said. Police searched the apartment but did not find drugs, cash or guns, Aldaz said. “There was nothing indicative of a fight, a struggle, anything,” Aldaz said. “It looks very clean. That’s what’s throwing us for a loop.” The victims’ names were withheld pending notification of family, Aldaz said. Anyone with information on the slayings should contact detectives at (818) 756-8370. Josh Kleinbaum, (818) 713-3669 [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Passive House Training, One Year Later

first_img RELATED ARTICLES So You Want to Be a Passivhaus Consultant?Makin’ WUFIQ&A: Passive House Consultant trainingBlog Review: Vermont Architect Robert Swinburne I have been asked about my Passive House Consultant training by other architects enough times that I thought I’d write up a quick synopsis, one year later.For me, the training was very useful for several reasons, not the least of which was the networking aspect. It is a small community with some really great conversation happening and it is fun to be a part of that.There is a lot of controversy as well, especially here on GBA. Such as: Where does the law of diminishing returns kick in when it comes to insulating? And how to handle latent loads (excess moisture)? Plus there’s the whole U.S. vs. the rest of the world thing, which I won’t go into as I find it rather annoying, or at least boring. More confidence and added authorityMuch of my own work had been trending in the Passivhaus direction anyway, so it was good to undergo the intensive training. It helped me make decisions with much more confidence and with the authority that comes with Passivhaus credentials. As an architect who was never very (ahem) enthusiastic about the numbers and physics of things (and more into the airy-fairy poetic nature and scholarly aspect of architecture), it was also helpful in terms of training my weaknesses.I call myself a Passivhaus designer rather than a consultant, in part because If I were to attempt a full-on certified Passivhaus, I would want to hire someone more experienced who does this on a daily basis to do the actual numbers part while I looked over their shoulder through the process — at least for the first few times. ARTICLES BY ROBERT SWINBURNE Most ‘Houses That Breathe’ Aren’t Very Comfortable A simple HVAC system is bestMy approach to Passivhaus is similar to my approach to structural engineering. I try not to design anything too complicated to engineer myself. Similarly, I prefer not to design anything that would require a complicated heating and ventilating system. It does get more complicated in renovation/addition work though, for sure. My approach to structural engineering has always been very intuitive and very related to my own building experience and knowledge of materials, assemblies, and connections.My structural engineering professor once told me that the intuition part is vital and more than half the battle. First you intuit the solution, and then you apply numbers and formulas to check yourself. The Passivhaus training augmented my intuition and gave me more confidence to apply the numbers as well as a perspective on when, where, and why.Plus it was really good for marketing.center_img Passivhaus is really all about quality, and even, as I’m finding out, represents a necessary rethinking of how to get something built. A much more collaborative approach is necessary than often happens when building even high-end projects. The process gets much less linear.I also like the idea that the Passivhaus approach is a valid part of the conversation, and not just about achieving certification and getting the plaque to hang beside the front door. I see projects being showcased that utilized the approach in a “value engineering” manner to get the most bang for the buck for projects that simply don’t have the budget to go all the way and attain certification. And I like the general consensus that that is okay. It’s not just about certificationPassivhaus represents state-of-the-art science on how to build good buildings with an overriding emphasis on simplicity and quality. Robert Swinburne is a part-time architect and full-time homemaker living on 49 acres with his wife and two young children in Halifax, Vermont. He was a carpenter for several years after architecture school and is now a licensed architect and passive house designer with over 100 completed projects in the Northeast. Bob maintains a blog (primarily for therapeutic reasons) under the moniker “Vermont Architect.”last_img read more

Panathinaikos Beat Olympiacos 84-80, Ties Series

first_imgATHENS – Panathinaikos Superfoods defeated Spanoulis-less Olympiacos on Thursday at OAKA (84-80) in Game 2 of the Greek Basket League finals. Nikos Pappas led the Greens attack with 16 points and Mike James added 14.Score in each period: 17-20, 41-39, 59-53, 84-80TweetPinShare0 Shareslast_img

Seanergy Secures Time Charter for Its Capesize Bulker

first_imgzoom Athens-based dry bulk shipping specialist Seanergy Maritime Holdings has entered into a time charter contract for one of its Capesize dry bulk vessels with an undisclosed European charterer.The company’s 180,000 dwt Capesize vessel M/V Lordship was hired for a period of eighteen to twenty-two months.Seanergy said that the ship is expected to commence its deployment under the charter deal in June 2017, upon expiration of its current time charter with the same company.“Our high quality of service has made us a preferred business partner to first-class charterers and we expect this to continue being a central pillar of our commercial strategy,” Stamatis Tsantanis, the company’s Chairman & Chief Executive Officer, said.“Indicatively, based on the prevailing spot rate for Capesize vessels, this time charter contract could contribute more than USD 10 million of net revenues to the company, assuming the full 22-month employment,” Tsantanis added.The net daily charter hire is index-linked rate based on the 5 T/C route rate of Baltic Capesize Index. In addition, the charter contract provides the option to Seanergy to convert at any time and for a period of three to twelve months the index-linked rate into a fixed rate corresponding to the prevailing value of the respective Capesize FFA.Seanergy said that, as the freight market strengthens, the company expects to secure additional long term employment agreements for its fleet.Built in 2010 by South Korean Hyundai Heavy Industries, M/V Lordship is one of the two bulkers purchased by Seanergy in September 2016.Both ships, which were bought for a price of USD 20.75 million each, joined the company’s fleet in late 2016.last_img read more