Revenue-boosting opportunities in the new year

first_imgThe environment credit unions operate in is constantly changing amid new regulations and compliance issues, evolving technologies and shifts in members’ needs. But while these changes present their own set of challenges, they also come with great opportunities. When leveraged correctly, today’s financial services environment offers many ways credit unions can stay ahead of the curve while stimulating their own growth. Here are a few options to consider as you seek new ways to help your members and grow your credit union’s  bottom line:Investing in technologyCredit unions are investing significant resources in new technologies, and it’s no wonder why – technological advancements are disrupting the way consumers use financial institutions. From online banking to remote deposit or contactless payment, credit unions need to embrace the tools and services that can make it easier for members to manage their finances. Credit unions that stay ahead of the technological curve – in both services and the protection of members’ sensitive data – will be the ones best positioned to grow and thrive in the marketplace of tomorrow.Member business lendingCredit union member business lending – commercial lending – can be critical to boosting local economies and strengthening credit unions’ bottom lines. Commercial lending can mean the difference between the success or failure of a member small business. When conducted in a safe, sound manner, it offers an avenue for diversifying the credit union loan portfolio and growing net interest income.Investing in a credit union service organization (CUSO)CUSOs can offer a cost-effective means to expand member services and strengthen the bottom line. As fintech expands and more market disruptors enter the financial space, CUSOs can help drive down costs per loan, increase access to new technology and expertise and give credit unions a stronger foothold in the consumer financial services market.Other growth opportunitiesMy own expertise in strategic growth planning includes significant experience guiding Webster First Federal Credit Union through a number of mergers over the past many years. Some institutions approach mergers as a way to strengthen and diversify the balance sheet, but it’s important for credit unions contemplating a merger to consider how the institutions involved will complement one another and ensure the best outcome for members.I’ll be speaking about the merger process during the National Association of Federally-Insured Credit Unions’ Strategic Growth Conference March 5-7 in Nashville. I’m excited to be part of this conference – NAFCU has built the agenda to give attendees revenue-boosting solutions that are achievable now.We live in a fast-paced, ever-changing world, so it’s important for credit unions to take advantage of these opportunities before they’re gone. I hope to see you at the Strategic Growth Conference in March – the strategies it will cover will help you as you forge a path to keep your credit union the best financial institution it can be. 57SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Mike Lussier Mike Lussier is the president and CEO of Webster First Federal Credit Union (Webster, Mass.) and has worked in the credit union industry for 30 years. He is the author … Web: https://www.websterfirst.com/home/home Detailslast_img read more

James L. “Knip” Knippenberg

first_imgJames Leonard “Jim” “Knip” Knippenberg, 80, of Lawrenceburg, Indiana, passed away peacefully on Sunday, January 21, 2018, six years after suffering a debilitating stroke.Jim, son of the late Everett and Lola (Hynds) Knippenberg, was born November 9, 1937 on the family farm in Lawrenceburg, Indiana, and he lived the majority of his life on that land.Jim graduated from Lawrenceburg High School in 1955. He worked for several companies (Continental and General Electric) but was best known for his 28 year tenure as part owner of R & L Auto Supply. He also served as a member of the board on the Lawrenceburg Conservancy District for 15 years.Jim was a man of many skills. He especially loved working with his hands. He was a life long machinist and following his retirement from R & L Auto Supply, he happily spent his days working in his metal and woodworking shops.Surviving are his wife of 59 years, Sarah Campbell Knippenberg; daughters, Saundra (Steve) Linn, Teresa (Richard) Hornaday and Cynthia Knippenberg; sister, Helen Hurst; grandchildren, Michael Linn, Megan Linn, Kathryn (James) Blew, James Aaron Hornaday; and many nieces and nephews.He was preceded in death by his parents and two brothers, Henry and Bernard Knippenberg.Friends and family will be received Friday, January 26, 2018 from 5:00 pm – 8:30 pm at the Rullman Hunger Funeral Home, Aurora, Indiana.Services will be held Saturday, January 27, 2018 at 10:00 am, at the funeral home, with Pastor Kenneth Hopper officiating.Interment will follow in the Greendale Cemetery, Greendale, Indiana.Contributions may be made to the Lawrenceburg Life Squad. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Visit: www.rullmans.comlast_img read more

PSA shifts direction under new leadership

first_imgFor the past several weeks, the Political Student Assembly has sponsored multiple events per week, but that might change as the assembly takes a “quality over quantity” approach to becoming an effective resource for politically focused student organizations under the leadership of a new executive director.Edwin Saucedo was voted in as PSA’s executive director Monday following former Executive Director Luke Phillips’ resignation. “PSA as it currently stands is too targeted to people who are already involved,” Saucedo said. “I feel like the purpose of Program Board is to serve the student body as a whole. My goal and vision for the remainder of the semester and the upcoming semester would be to attract a larger audience through political events that bring in big names and appeal to a larger audience … bring that diversity in and make sure everyone in the student body has a chance to become politically involved.”The main purpose of the assembly, one of nine assemblies in Program Board within the Undergraduate Student Government, is to promote political discourse and action among students, a mission they carries out through various speaker and discussion-based events and by supporting the political activism of students and groups on campus. PSA is considered the umbrella organization that supports and advises about 16 member organizations, including the USC College Democrats, USC College Republicans, Student Coalition Against Labor Exploitation and Young Americans for Liberty.PSA holds weekly meetings on Mondays for its own executive board members, member organization representatives and students interested in becoming involved in politics at USC. A speaker event typically takes up the first hour of the meeting, while the second hour consists of official business, such as voting on funding requests and which events PSA will co-sponsor with member organizations.USC Red Cross Member President Adrienne Visani serves as her organization’s representative in PSA. She said the assembly allows her to connect with leaders of other organizations and find ways to emphasize USC Red Cross’s political aspects, including international services and human rights.“As a pre-med student, it’s easy to lose sight of the fact that people are politically engaged,” Visani said. “It’s one of the reasons I wanted to bring up the political element of USC Red Cross. Because we have a lot of pre-med members, it’s nice to get them exposed to other things that are going on that really do have an impact on people’s health, just not in the way you might think.”Visani said PSA has helped spread the word about her organization’s events, provide a network of support and provide vital funding, such as awarding funds to fly in a guest speaker.Though PSA manages several member organizations, many of opposing viewpoints, the assembly itself is a neutral party. PSA does not endorse any political view, candidate or position, but it does support the right of its constituents to express and lobby for their respective views.PSA Assistant Director Kevin Tsukii said that the assembly vigilantly works to remain nonpartisan at all times.“It’s kind of a struggle to be as impartial as possible, to be unbiased and to welcome as many different viewpoints as possible,” Tsukii said. “We have to find a way to balance all of our programming. It’s being political without favoring one or the other too much and getting people to join the discussion without turning people off.”Though PSA takes a nonpartisan approach, the group does work with member organizations to encourage political engagement within the student body through actions such as registering voters on Trousdale Parkway.Nonetheless, Tsukii said that the differing political views of PSA’s member organizations do surface often.“There’s kind of this underlying tension because you know what other people are thinking when they say things, but it’s really great how we’re able to kind of laugh it off and just get along together and move forward,” Tsukii said. “In an assembly like this, that’s what makes a lot of our events great, the discourse that happens.”In addition to more intimate events about politics, PSA hopes to bring more well-known political figures to campus in the future, according to Saucedo. Last fall, PSA co-sponsored an event that brought comedian and political commentator Bill Maher to speak before a packed audience in Bovard Auditorium.Saucedo also said that PSA will continue to host forums for students to talk about current events. Past events of this nature include a talk about the protests in Ferguson, Missouri, and those in Hong Kong. “People are really interested in seeing current issues,” Saucedo said. “When we did the Ferguson talks, for example, we had over 70 people because it was a current event. We had a professor come and speak about what it meant and what it means going forward. I want to continue doing these smaller events on topics that are affecting everyone.”Despite the successes of their own events, several members of PSA feel that the organization struggles to combat general apathy toward politics on campus.“It’s a very painfully slow process getting people involved in politics,” said Shikhar Gupta, PSA’s webmaster and a member of two PSA member organizations. “We’ve had really good showing at events at the beginning of the year, but it tapers off. People get busy with midterms, people don’t have the time or might not be engaged in certain issues. It gets frustrating at times, but it’s something that changes over a long period.”Nonetheless, those involved with PSA feel that their goal of increasing political engagement among students, though at times a challenge, is a worthy cause.“People always talk about how the millennial generation is going to have a huge influence on politics, but not yet. Not yet, because we’re still kids,” Phillips said. “But we need to be cultivating the minds of the millennials generation to be thinking about the issues that are going to be facing us as we get deeper into the 21st century. That is where I think PSA is going to have the biggest influence by bringing in inspiring speakers and interesting speakers and by giving students the chance to talk about these issues that they’ll have to deal with 10 or 20 years down the road.”last_img read more

Twelfth-seeded USC to take on fifth seed ASU

first_imgIn a quest for the ultimate upset, the Trojans start off the annual Pac-12 Tournament in Las Vegas this week as the No. 12 seed. The Trojans will face off against the Arizona State Sun Devils, the No. 6 seed, on Wednesday.The Trojans hope that this tournament will be a bright spot in a season that saw the Trojans finish last in the conference for the second consecutive year. They ended their season with a loss to their crosstown rivals UCLA by a final score of 85-74. The Trojans allowed the Bruins to go on a 25-7 run in the first half, and they could never catch up. Redshirt sophomore Katin Reinhardt led the way in the loss with 22 points off the bench; the Trojans will rely on his scoring in the tournament during which they will continue to be underdogs every night.The Trojans are one of the youngest teams in the entire country; among the power five conferences, the Trojans have the youngest roster in terms of minutes played by class. Head coach Andy Enfield knows that his team is young, but he also knows they will go out ready to compete.“We understand that from a physicality standpoint and from an age difference, they’re much older and a little stronger than us physically,” Enfield said. “We feel that if we go compete, we have a great chance.”Arizona State will come into the tournament having won five of its last seven games, a run that catapulted them to the five seed in the tournament. Their last win was over California by a margin of 74-70 in which they were led by senior forward Shaquielle McKissic, who scored 21 points in his last home game for the Sun Devils. McKissic is the leading scorer for the Devils with an average of 11.5 points per game.The last time these USC and ASU faced off, the Sun Devils came away on top, 64-59. The Devils had to rally late to beat the Trojans, who had led for the majority of the game. In this game, USC was led by reserve sophomore guard Kahlil Dukes who scored a career-high 18 points. Dukes kept the Trojans in a game where they were missing three of their players. Reinhardt, junior guard Chass Bryan and sophomore guard Devon Pflueger were all sent home from the Arizona road trip for violating team rules.USC will not head into Vegas at full strength, as freshman guard Jordan McLaughlin is out for the season with a shoulder injury. McLaughlin was named to the Pac-12 all-freshman team on Monday. On the season, McLaughlin averaged 12.1 points, three rebounds and 4.5 assists per game. He led all Pac-12 freshman in assists and steals per game, and he is the first Trojan to be named to the team since Maurice Jones back in 2011.Without McLaughlin, the Trojans will lean on their two dynamic sophomores against Arizona State. Sophomore guard Julian Jacobs has proven lately why he was named captain of the squad, both with his production on the court and through his leadership on such a young team. In the last seven games for the Trojans, Jacobs averaged 11.9 points, 6.6 rebounds and seven assists per game. Jacobs has also been able to entertain the crowd as he leads the team with 18 dunks on the year. USC will also routinely go down low to sophomore forward Nikola Jovanovic, who averaged 12.2 points and 7.1 rebounds per game for the Trojans during the regular season. Jacobs stressed preparation when he talked about the pending tournament.“You have to have a chip on your shoulder when you play in these kind of tournaments where it’s win or go home,” Jacobs said.The game will tip off at 2:30 p.m. at the MGM Grand Garden Arena. The winner of the game will go on to face the UCLA Bruins, who earned a first round bye by placing fourth in the conference during the regular season. USC lost to UCLA in both matchups this year while the Sun Devils won the only meeting with the Bruins earlier in the year.last_img read more

Football: Reliving some of Camp Randall’s greatest moments

first_imgWith all college and professional sports postponed indefinitely due to COVID-19, there is little to look forward to for Badger sports fans in the immediate future. At the beginning of the crisis, it was believed that football beginning in the fall was one event that could be counted on to continue as planned. The NFL made it clear that they had no plans to delay their season or even limit fans’ ability to attend their 16 game season. Yet, even these plans are now called into question as this pandemic continues to wreak havoc on American society and the world at large. As unfortunate as it may be for all those competitors and fans who were looking forward to the beginning of football in the fall, there is a greater and greater chance that large gatherings will still not be allowed roughly four months from now. Even if college and NFL seasons are able to continue, it is hard to imagine they can continue with crowds of 80,000-plus fans attending their games on a regular basis. For Wisconsin, this means Camp Randall is increasingly becoming an improbable destination for flocks of Badger fans come August. With almost everything in the sports world in question, it’s a great time to look back at some of the best moments in Camp Randall history.Arguably the best regular season win in Wisconsin history and the most monumental upset pulled off at Camp Randall, the Badgers’ win over the No. 1 Ohio State Buckeyes in 2010 starts off our list. Badgers teach No.1 OSU how to BuckyAfter the Badgers defeated the Ohio State University Buckeyes 31-18 Saturday night, thousands of fans took to the field in Read…The Buckeyes entered Madison undefeated and boasting a top-12 win over Miami of Florida. Yet, the stage was set early for a special upset victory as David Gilreath returned the opening kickoff 97 yards for a touchdown. I’ve seen some loud moments during the games I’ve attended at Camp Randall, but even through the grainy-quality YouTube video of the ESPN broadcast, you can tell this crowd was on another level. This is certainly a time that I would pay quite a bit of money to have the ability to witness in person. John Clay would go on to punch in another Badger score just five minutes into the first quarter, giving the Badgers a commanding 14 point lead early in the game. The Ohio State showed life late, though, as they brought the game within three points early in the fourth quarter — they clearly weren’t intimidated by jump around. With unrelenting defensive stops, led predominately by Wisconsin legend J.J. Watt, the Badgers ultimately held on for the remainder of the game and came out on top 31–18.Pandemonium ensued. Fans flooded the field in celebration of a win for the ages. It’s the type of win every competitor hopes to have just once in their life. More relevant for the rest of us, it’s the type of game we can only hope to be lucky enough to attend. I will forever envy those who were fortunate enough to be in Camp Randall that night in October of 2010. The second moment I feel warrants recognition as one of the great moments in the history of Camp Randall is the first ever “Jump Around.” This has become a signature tradition that makes its way into multiple areas of university culture, including Badger apparel and even commencement ceremonies. It was homecoming night of 1998 and, “Jump Around” was a five-year-old hit song which had largely fallen by the wayside in the ensuing years. Yet, for some reason, it found its way onto Camp Randall’s playlist that night and sparked a movement that would be suspended shortly in 2003 only out of concern that the vibrations caused by the thousands of jumping bodies would damage the stadium that was under construction at the time.UW Athletics: Top Badger sports moments to enjoy during COVID-19 pandemicWith live sports absent for the time being, sports fans worldwide have been isolated at home with what feels like Read…For students and all Badger fans who have found their way to a football game at Camp Randall sometime over the last 21 years, there is little that can compare to the uniqueness of the “Jump Around” tradition and the energy it brings to the stadium. Even if you end up out of breath after the whole ordeal, it always seems to spark a rally from the crowd when the Badgers need it most. Those who played that song for the first time against Purdue in 1998 surely didn’t know they had sparked a tradition, but the lasting impact the choice had on Badger culture is the reason it warrants a spot on this list.This list is far from exhaustive, but the third and final moment I’ll bring up here as part of the highlights of Camp Randall’s history is former Wisconsin band director Mike Leckrone’s final fifth quarter celebration. Leckrone is undoubtedly one of the great all-time figures in Wisconsin lore and his image is one that will always be tied to Wisconsin’s impressive band program.The fifth quarter was his brain-child and it continues to inspire joy from all those who choose to stay a little longer after a football game and witness the absurdity it offers. There’s little that it can be compared to, and it’s one of those things that’s hard to describe to someone who has never experienced it before.Especially after winning a big game or taking down a rival, there is little that can match the celebration and ridiculousness that is all wrapped up in the fifth quarter. Even after the Badgers lost their rival game to Minnesota in November 2018, rows of Badger faithful stayed back to honor Leckrone and his massive contributions to UW during his final fifth quarter.Football: Top recruits, developing talent leave Badgers primed to reload in key positions for 2020 seasonAs the 2020 NFL draft approaches at the end of next month, Badgers Jonathan Taylor, Zack Baun, Chris Orr and Read…It was a wonderful moment and a great sendoff for a man who has dedicated so much of his life to improving the Wisconsin band and the experience of generations of fans who visited Camp Randall. Even if Camp Randall’s status as the center of UW during the Fall is in Jeopardy, it is always worthwhile to take a look back and what makes it such a special place for everyone who attends UW or calls themselves a Badger fan.last_img read more