A 10-year look back at secondary capital

first_imgInterest in secondary capital is growing, and new strategies, larger loans, and NCUA decisions are changing the way credit unions deploy it.Since the 1990s, the federal government has allowed low-income credit unions (LICUs) to accept non-member deposits and secondary capital, which gives credit unions a shot to their net worth and makes available new avenues to expand loan portfolios, assets, and services.More than 40% of all credit unions held a low-income designation at midyear; however, only 70 reported using secondary capital. Even fewer institutions in credit union land have made secondary capital a foundational element in their mission to help members and stimulate the economies of the low-income communities in which they operate.The following nine metrics draw from more than a decade of data from the 5300 Call Report as well as Callahan’s own Peer-to-Peer analysis tool. They highlight the impact secondary capital has on cooperatives and the members they serve. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Feds stage airport test of plan to slow pandemic

first_img Many public health experts have supported keeping borders open in a pandemic setting, because they don’t believe closure would block the spread of the virus and because keeping borders open would preserve the flow of crucial supplies and soften a pandemic’s impact on national economies. The system would begin when it’s clear that a pandemic influenza virus is spreading globally and would end as soon as the virus begins causing illnesses in the United States. The RBBS is a short-term strategy that the federal government will use in the initial states of a pandemic to delay the spread of the virus enough to afford officials a little extra time to educate the public on how to protect themselves from the disease, produce and distribute vaccine, and position medication and supplies, Pearson said. The strategy involves screening international air passengers to gauge if they are sick or have potentially been exposed to others who are sick with the pandemic virus. Nov 12, 2008 (CIDRAP News) – Officials from several agencies recently converged on Miami’s international airport to take part in a full-scale exercise of the federal government’s risk-based strategy to slow the spread of a future pandemic influenza virus across US borders. Pearson said last week’s drill was a joint exercise that involved the HHS, the Centers for Disease Control and Prevention (CDC), the Department of Homeland Security (DHS), Customs and Border Protection, the Department of Transportation (DOT), along with numerous state, local, and airline-industry partners. Christine Pearson, a spokeswoman for the US Department of Health and Human Services (HHS), attended the first day of the 2-day drill on Nov 5 and told CIDRAP News that, unlike previous tabletop discussions to test the risk-based border strategy (RBBS), the exercise at Miami included a real plane and actors who played the role of passengers in an airport setting. She said Marty Cetron, director of the CDC’s Division of Global Migration and Quarantine, was pleased with how the exercise went and said it exceeded his expectations, particularly how well the partners worked together. The scenario involved a novel and lethal human influenza strain that emerged in Southeast Asia and spread quickly and efficiently among humans, she said. The playbook had the World Health Organization (WHO) identifying a human-to-human H5N1 variant that spread to areas of Thailand, Laos, Vietnam, and Cambodia. The WHO declared a severe (phase 6) pandemic, prompting the United States to raise its response stage to 3 and the secretaries of DHS, HHS, and DOT to enact nationwide RBBS activities. It’s likely that the RBBS in its current form will change, based on what officials learned during the exercise, Pearson said, adding “But by testing this now, we will help ensure that the plan we have in place will do what it’s designed to do and will ultimately help us to protect the public’s health during the next pandemic.” Federal officials routinely conduct drills at quarantine stations, Pearson said, and though additional activities are planned, no plans are in the works to do another large-scale exercise. Officials are likely to conduct more tabletop discussions that could include smaller drills to address certain parts of the RBBS plan. “It provided a level of realism that we hadn’t had in past exercises, which had mostly been facilitated discussions,” she said.last_img read more

Crawford, Gonzales lead Mariners to 8-3 win over Padres

first_img FOLLOW US Last Updated: 26th August, 2020 13:41 IST Crawford, Gonzales Lead Mariners To 8-3 Win Over Padres J.P Crawford homered, doubled and drove in three runs for the Seattle Mariners, who beat San Diego 8-3 Tuesday night to snap the Padres’ seven-game winning streak. First Published: 26th August, 2020 13:41 IST WATCH US LIVE Associated Press Television News Written Bycenter_img SUBSCRIBE TO US COMMENT J.P Crawford homered, doubled and drove in three runs for the Seattle Mariners, who beat San Diego 8-3 Tuesday night to snap the Padres’ seven-game winning streak.Austin Nola also homered for the Mariners, who won their fourth straight and for the fifth time in six games. Nola and Evan White had three hits apiece.Marco Gonzales (3-2) helped deny the Padres what would have been their longest winning streak since 2012. He allowed three runs — all in the third — on nine hits while striking out five and walking none in five innings in his second career start against the Padres.“Nice ballgame. That was a fun one,” Mariners manager Scott Servais said. “It certainly starts with the guy on the mound. It was one of the more professional outings Marco has given us all year. I say that in the fact it wasn’t easy for him. Last time out was probably as good as he’s been all year at Dodger Stadium and tonight it was a little bit of a struggle.“They kind of had him on the ropes in the third inning but he was able to kind of battle through it and give us five innings.”Gonzales said it “was a grind. They have a good lineup. They’re balanced. They were aggressive in different counts than we were anticipating. We had to pivot a little bit, especially after the third inning. We saw them leaning one way so we kind of pivoted our game plan. You have to make adjustments.”Crawford hit a two-run home run off Padres starter Chris Paddack (2-3) in the second and an RBI double in the sixth off Tim Hill.The Mariners jumped on Paddack early, taking a 4-0 lead on Crawford’s shot to straightaway center field with one out in the second, his first. Dee Gordon was aboard on a single. Kyle Seager hit a sacrifice fly and White had an RBI single in the first.After allowing Crawford’s homer and Sam Haggerty’s single in the second, Paddack retired the next 11 batters.Nola then homered to left-center leading off the sixth, his fifth. White doubled to chase Paddack and scored on Crawford’s two-out double.The Mariners added on with RBI singles by White and Tim Lopes in the eighth.The Mariners were coming off a three-game home sweep of the Texas Rangers, the same team the Padres swept in a four-game, home-and-home set last week.Crawford made two nice catches of line drives by Hosmer, including a great diving catch for the second out in the seventh.The Padres closed to 4-3 with a two-out rally in the third on their second time through the order, highlighted by Eric Hosmer’s moonshot, two-run homer into the porch in right field. It was his sixth. Manny Machado, who had three hits, was aboard on a double. Wil Myers and Ty France followed with consecutive doubles before Gonzales got rookie Jake Cronenworth to fly out.Paddack allowed six runs and eight hits in five innings, struck out seven and walked one.“Tonight I’m probably not going to get much sleep,” Paddack said. “I’m not just talking about tonight, I’m talking about the last four to five starts. I haven’t been pleased with myself. I need to get back to the Chris Paddack I was last year.“I need to make less mistakes. I made too many mistakes in big time situations. That’s usually not me. Overall it’s my fastball. It hasn’t been there. It’s been frustrating for me personally. Especially when the boys are on a seven-game win streak. I want to be the spark plug for the boys. … I’m pretty hard on myself.”San Diego shortstop Fernando Tatis Jr., who came up big at the plate and in the field during the winning streak, was 0 for 5 and didn’t reach baseTRAINER’S ROOMPadres: Manager Jayce Tingler said LH reliever Drew Pomeranz is playing catch, “which is a very positive sign.” Pomeranz was placed on the 10-day IL(Image Credit Pixabay) LIVE TVlast_img read more

Spike in Jersey Sales Prompts Kaepernick to Donate All

San Francisco 49ers quarterback Colin Kaepernick. Image courtesy of Yahoo.comWith the country still reeling from Colin Kaepernick’s refusal to stand for the national anthem, supporters of the San Francisco 49ers quarterback are opening their wallets to buy up every last one of his jerseys.Kaepernick’s famous number 7 jerseys have flown off the shelves since his protest of the Star-Spangled Banner — so much so that it has since skyrocketed to number one on the NFL’s official website. Earlier this week, Good Morning America reported that the star footballer ranked 20th among 49ers players jersey sales before his stance against police brutality gained national attention.Kaepernick took to Instagram Wednesday to thank his fans for all their love and support while promising to donate the money he received from his spike in jersey sales.“I wasn’t expecting my jersey sales to jump to number one because of this, but it shows the people’s belief that we can achieve justice and equality for all,” he wrote. “The only way I can repay you for the support is to return the favor by donating all the proceeds I received from my jersey sales back into the communities.”According to the Atlanta Black Star, Kaepernick had previously announced that he would donate his first $1 million dollars earned this seasons to organizations working to tackle issues near and dear to his heart. The star quarterback said he wanted to ensure that he was actively involved in helping communities.Kaepernick’s plans to give back have since silenced the nay-sayers who argued that he wasn’t doing enough to actually make a difference. Others are still outraged over his “disrespectful” behavior and critical comments on the nation’s law enforcement personnel.Kaepernick has repeatedly asserted that he is not anti-American or anti-cop, but simply wants to bring light to the injustices faced by African-Americans and other minorities in this country.“I am not going to stand up to show pride in a flag for a country that oppresses Black people and people of color,” the quarterback told NFL.com. “To me, this is bigger than football and it would be selfish on my part to look the other way. There are bodies in the street and people getting paid leave and getting away with murder.” read more

Catalonia divided over independence or not

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