Credit unions urge caution as CFPB examines small biz lending

first_img continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The credit union perspective was highlighted during the Consumer Financial Protection Bureau’s (CFPB) field hearing Wednesday on small business lending. Sharon Lindeman, vice president of regulatory advocacy for the California and Nevada Credit Union Leagues, asked the bureau to proceed with caution when it comes to drafting a definition for small businesses and small business loans, and to limit data collection to the elements specifically required by the Dodd-Frank Act.“Since the great recession, credit unions have actually seen growth in small business lending. Many consumers turned to their credit union for their small business loan needs after they experienced difficulty obtaining loans from larger institutions,” Lindeman said. “Credit unions provide needed capital to existing small business as well as startups.”NCUA excludes member business loans from the statutory cap when the loan balance is equal to or less than $50,000, and Lindeman said the bureau should also exempt those same loans from any small business lending rulemakings.“The leagues urge the bureau to narrowly define a small business loan, and not create a conflicting definition that would result in an administrative nightmare for credit unions,” she said.last_img read more

Korean Ambassador’s Championships Returns to Lagos

first_imgOver 150 athletes from 20 teams will arrive Lagos this week to compete at the 10th Korean Ambassador’s Cup, scheduled to hold on 17th and 18th October 2019 at the Teslim Balogun Stadium, Surulere Lagos.Competitors at the prestigious tournament, which is being organised by the Nigeria Taekwondo Federation and supported by the Embassy of Korea in Nigeria, will do battle in a total of 21 events including 16 Kyeorugi events and five Poomsae events.Technology to be deployed at the event would include the Daedo Gen 2 electronic scoring system, Taekoplan Overall Venue Management System and Instant Video Replay, which would ensure that the event matchesRegistration for the event was done online through the World Taekwondo Global Membership System, and plans have been concluded to stream the event live to ensure it reaches a global audience.Winners will walk away with Taekwondo Equipment and huge National Ranking Points, and the best male and female athlete who would walk away with brand new Flat TV sets as the grand prizes.  Free tournament T-shirts will also be given to all participants and spectators who grace the event.To add special glamour to the event, spectators and participants will be treated to a special performance from the international award-winning Kukkiwon Demo team, who are flying in from South Korea to exhibit their well-known acrobatic displays during the closing ceremony on 18th October 2019. Registered for the event are athletes from Akwa Ibom, Kano, Kebbi, Lagos, FCT, Delta, Osun, Taraba, Oyo, Nasarawa, Kaduna, Anambra, Edo, Ebonyi, Ondo, Nigeria Army, Nigeria Police, NSCDC and various other Clubs.A good number of the athletes that represented Nigeria at the 12th All African Games will be in action for the first time since the event in August, including All African Games Bronze Medallist, Benjamin Okuomose; African Youth Bronze Medallist, Chidinma Okoko Helen; Commonwealth Medallists Josephine Esuku and 2018 KAC Gold Medallist and MVP, Ifeoluwa Ajayi.The last time Lagos hosted the prestigious Korean Ambassador’s series was in 2016. Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Tuesday April 9th Local Sports

first_imgMINNEAPOLIS — Former Loras men’s basketball coach Brad Soderberg now can add the title of national champion to his resume. Soderberg is an assistant coach to Tony Bennett at Virginia, as the Cavaliers beat Texas Tech 85-77 in overtime in last night’s national title game in Minneapolis. Soderberg says he had the scouting report for the national championship gameSoderberg says he feels good about contributing to a national championshipSoderberg says he had a bunch of family members at last night’s national title gameSoderberg was head coach at Loras in Dubuque from 1988 through 1993 He also had head coaching stints at South Dakota State, St. Louis University, and Lindenwood. Soderberg played for Tony Bennett’s father at Wisconsin-Stevens Point and later coached under Dick Bennett at Wisconsin, where he eventually was the interim head coach. MINNEAPOLIS — Former NIACC baseball player Malique Ziegler is now part of the Minnesota Twins organization. The San Francisco Giants sent Ziegler to the Twins as part of a trade for first baseman Tyler Austin. The 22-year-old Ziegler is a former 22nd-round selection in the 2016 MLB Draft who has hit .245 with nine homers and 38 steals in parts of four seasons in the lower levels of the Minor Leagues. He spent most of last season with Class A Augusta and opened the 2019 campaign with Class A Advanced San Jose. The 27-year-old Austin played in two games for the Twins after making the team out of spring training. Austin, acquired by the Twins from the New York Yankees last year for pitcher Lance Lynn, played in a career-high 69 games last season and had several other career bests: 10 home runs and 17 RBIs with 10 doubles. But the Twins claimed first baseman C.J. Cron off waivers from the Tampa Bay Rays during the offseason, lessening Austin’s value. IOWA CITY — Iowa lost four starters off the defensive line from last season but that unit still has some experienced players who will step in. One of them is junior defensive end A.J. Epenesa, who led the Big Ten in sacks last season with 10 and a half.Epenesa says four players return up front with significant playing time and the key this spring is building depth.Junior defensive end Chauncey Golston says the depth on last year’s defensive line is paying off.Golston says new defensive line coach Kelvin Bell is building depth by having the players work at different positions.Iowa concludes spring drills on April 26th. There will be no spring game this year. MASON CITY — Two NIACC basketball players were named to All-American teams on Monday:== Mandy Willems became the fourth NIACC women’s basketball player in school history to earn first-team all-American honors. The freshman, who was the Region XI player of the year, was a first-team NJCAA Division II all-American selection on Monday. Other NIACC women’s basketball players to earn first-team all-American honors were Katherine Hadley (1994), Chelsey Jacox (2014) and Sierra Ford-Washington (2015). Willems is the first Lady Trojan to earn all-American honors since Savannah Lentz was a third-team selection in 2016. Willems, who helped lead the Lady Trojans to the NJCAA Region XI tournament title, averaged 24.1 points per game. She set a school record for career 3-point goals with 186. She also collected 200 rebounds, 96 assists and 77 steals. Willems recently announced that she will be transferring to the University of Missouri at Kansas City to play basketball starting next year.== For the first time since 2014, the NIACC men’s basketball team has an all-American. Freshman guard Deundra Roberson earned second-team NJCAA Division II all-American honors on Monday. Roberson is the first Trojan to receive all-American honors since David Humphries was a third-team selection in 2014. Humphries also was a first-team all-American selection in 2013. Roberson, who was a first-team all-NJCAA Region XI selection, averaged 16.6 points per game in his freshman campaign to help lead the Trojans to a share of the ICCAC regular season title and a berth in the NJCAA Region XI title game for the first time since 1995. Roberson, who is the 12th all-American in NIACC men’s basketball history, also led the Trojans with 65 3-point goals and 64 steals.center_img CLEAR LAKE — The Clear Lake girls soccer team picked up an 11-1 win at home last night over Hampton-Dumont-CAL. Junior Sara Faber scored three goals as the Lions improve to 2-0 on the season. The two teams are scheduled for a rematch in Latimer on Thursday. The Lions boys soccer team suffered a 7-0 defeat at Ames last night. The Clear Lake boys are also scheduled to play at Hampton-Dumont-CAL on Thursday. AMES – The NIACC men’s golf team placed third at the Iowa Community College Athletic Conference regional preview tournament at the Veenker Memorial Golf Course Monday afternoon.The Trojans, who were led by freshman Austin Eckenrod’s 79, shot a 330. Jackson Hamlin and Zach Martin both shot 83, Ben Boerjan shot an 85 and Matthew Heinemann shot an 89.Kirkwood was the regional preview team champion with a 295. DMACC was second with a 298 and Northeast CC was third with a 315.The Region XI tournament is set for May 4-5 back at the Veenker Memorial Golf Course. The top three teams at the regional tournament qualify for the NJCAA Division II national tournament May 21-24 in Plymouth, Ind.NIACC shot rounds of 321-318 – 639 at the season-opening Kirkwood Eagle Spring Classic (March 24-25) and 312-321 – 633 at the Wartburg College Invitational (April 5-6).NIACC returns to action April 14-15 at the Iowa Central Invitational at the Fort Dodge Country Club.last_img read more

‘Ugandan’ boxer Simbwa resurfaces, eyes place in Australian team

first_imgRegarn Simbwa being interviewed by media in Australia. PHOTO RS FACEBOOKSince Simbwa and Nasir walked by chance into Abbot’s camp six months ago, the trainer has not lost sight of them, especially of the 6.6ft light-heavyweight who reached the quarter-finals at the Commonwealth Games.Simbwa’s latest target is to represent Australia — while trying to keep his place in the country.Since moving to Wagga Wagga, Simbwa has been impressed in the ring already, and has won his six fight, including against the New South Wales Champion.” Without his Australian citizenship, we can’t represent the state and we can’t represent the country,” Abbott told ABC Riverina .“Obviously they miss people from home but they still keep moving along, going to work every day, coming out here and training hard every day.” Share on: WhatsApp Regarn Simbwa (middle) with fans and his coach Tony Abbott (right). PHOTO RS FACEBOOKSydney, Australia | THE INDEPENDENT | Boxers Regarn Simbwa and Nasir Bashir who absconded from the Ugandan camp and stayed behind during the 2018 Commonwealth Games in Gold Coast, have resurfaced and are seeking to become Australian citizens.The boxers are living in Wagga Wagga, New South Wales, Australia under a bridging visa while awaiting transfer to a protection visa, which if approved could see them fight for Australia – maybe even at the next Olympics in Tokyo Japan.Six Ugandans absconded during Gold Coast 2018. They were cyclist Vienna Ssekanga, weightlifters Irene Kasubo and Kalidi Batuusa, boxers Simbwa and Bashir and  table tennis player Halima Nambozo.In an interview with ABC Riverina, 22-year-old Simbwa claimed returning home would have put his life in danger, but did not give details.“Those of us who stayed back had different issues back home whether that be politically or otherwise,” Simbwa said.Coach Tony Abbott has taken Ssimbwa under his wings, and the boxer says he is happy with his new home,“Wagga (Wagga) is a great place. It’s given me the opportunity to meet my welcoming coach, Tony, and my teammates. When I’m in the gym I do my best — like it’s my last time in my last fight,” Simbwa said in the interview with ABC Riverina.last_img read more

Gloucestershire’s Alison wins inaugural senior title

first_img Gloucestershire’s Alison Kelly came from four shots off the pace to become the first winner of the England Senior Women’s County Champion of Champions’ title.Kelly, from Cirencester, finished the 36-hole event at Frilford Heath Golf Club, Oxfordshire, on six-over par and won by two from Cheshire’s Barbara Jamieson (Heswall.)She was delighted to win the inaugural competition, commenting: “I didn’t know when I entered the senior championship in Gloucestershire that this would happen so it was a real bonus.“I don’t usually play in the bigger senior events because I’m a teacher and they’re usually during term-time.” Kelly takes specialist workshops in STEM subjects – science, technology, engineering and maths – in Gloucestershire primary schools.Her win was made even more special because it was at Frilford Heath – where Kelly’s parents were members until recently – and because the trophy was presented by England Golf President-elect Jenny Clink, a stalwart of Gloucestershire women’s golf.After yesterday’s first round Kelly was four behind Jamieson, who posted an opening score of level par 70 on the Green course.Today Kelly’s plan was simple: “I just went out to have a reasonable game, I wasn’t thinking of winning particularly, but of having a tidy round.” She did exactly that, going round in two-over 72 to overtake Jamieson, who finished on eight-over. Third place went to Dorset’s Jane Southcombe (Yeovil) who finished on 10-over (77, 73).Kelly took up golf as a girl and has played in Kent, Oxfordshire – where she was runner-up five times in the county championship – and Gloucestershire. This is her third spell as senior county champion and she has also been county junior organiser and a long-standing member of the women’s team.She insists she has retired from county golf although she is planning to support the team at Women’s County Finals at Royal North Devon, later this month, when Gloucestershire will be aiming to win back the title.Click here for full resultsImage copyright Leaderboard Photography 9 Sep 2018 Gloucestershire’s Alison wins inaugural senior title Tags: Alison Kelly, Champion of Champions, County, Senior, Womenlast_img read more