first_imgGrow or die. We hear this quite often. But what does it really mean? The game has changed. Credit unions are no longer just competing against other financial institutions. Non-traditional competitors are taking away non-interest income, especially sources such as interchange income. At the same time, non-traditional competitors, such as Lending Club and Sofi, are attacking margins by changing consumers’ definition of banking from a “one-stop-shop” of financial services to de-bundled boutique product offerings.With serious threats to relevancy, the “grow or die” statement needs to be deeply considered. It is critically important for decision-makers to have clarity on what they mean by growth. What gets measured gets attention – meaning strategic focus and financial resources.Growth comes in many forms:  Growth in assets, deposits, loans, membership, revenue, etc.Growth in assets, deposits or membership does not necessarily translate into growth in revenue, income, or growth in members that contribute, or are highly likely to contribute, to the cooperative. continue reading » 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

first_img Topics : The British Open has been cancelled for the first time since World War II due to the coronavirus.The 149th Open was scheduled to take place at Royal St George’s Golf Club in Kent in July.But with the pandemic ripping the 2020 sporting schedule to shreds, the event has became the first of the sport’s four majors to be cancelled this year. ‘Bigger than golf’ The British Open is the latest high-profile tournament to be axed because of the virus.Wimbledon was cancelled for the first time since World War II last week, while Euro 2020 and the Olympics have been pushed back a year until 2021. Ireland’s Shane Lowry won last year’s British Open at Royal Portrush in Northern Ireland.”Obviously I’m disappointed that I won’t get to defend the Open Championship this year but I feel the R&A have made the right decisions based on people’s health and safety. See you all in Royal St George’s in 2021,” Lowry tweeted.Royal St George’s has hosted the British Open 14 times, most recently in 2011, when Northern Ireland’s Darren Clarke won the event.The Open, which started in 1860, was also previously not held from 1915 to 1919 because of World War I.England’s Danny Willett, who won the 2016 Masters, told the BBC: “Postponement or cancellations is something that we have become accustomed to until everyone is safe and safe to do our sport. “It is a shame but there are things bigger than golf at the moment.”Both this year’s Masters and the PGA Championship were postponed in March because of the health crisis and were rescheduled after the British Open postponement.The PGA Championship, which was initially due to be held in May, is now set to be staged from August 6-9 at Harding Park in San Francisco.The US Open has been moved from June to September 17-20, the week before the Ryder Cup clash between Europe and the United States.The Masters, which usually takes place in April, is now slated to go ahead from November 12-15 at Augusta National. “We have explored every option for playing The Open this year but it is not going to be possible. “We rely on the support of the emergency services, local authorities and a range of other organizations to stage the Championship and it would be unreasonable to place any additional demands on them when they have far more urgent priorities to deal with.”We appreciate that this will be disappointing for a great many people around the world but we have to act responsibly during this pandemic and it is the right thing to do.” Golf’s oldest major will now be hosted at the same Sandwich venue in July 2021.”The Open was due to be played in Kent from 12-19 July but it has been necessary to cancel the championship based on guidance from the UK Government, the health authorities, public services and the R&A’s advisers,” organizers R&A said in a statement on Monday.St Andrews will still host the 150th British Open, but a year later than scheduled in 2022.”Our absolute priority is to protect the health and safety of the fans, players, officials, volunteers and staff involved in the Open. We care deeply about this historic championship and have made this decision with a heavy heart,” R&A chief executive Martin Slumbers said.last_img read more

first_imgUnder Italian law, anyone who negligently spreads an epidemic risks a prison sentence up to 12 years, while anyone who does so willfully may face up to life imprisonment.”It is a way to partially compensate the national law that does not require isolation upon return from a non-EU country if the stay abroad lasts up to five days”, Zaia said during a news briefing which was streamed via Facebook.Zaia’s order says that the person’s employer faces a penalty of 1,000 euros multiplied by the number of its employees, if it does not enforce the rule.The last available data on coronavirus cases released on July 6 for Veneto shows the region had a total of 169 people hospitalized, but it said it was concerned by 28 new infections, of which 15 were related to travel abroad.The spike in cases has attracted widespread interest in Italy, which is one of the world’s worst hit countries with a total of 34,869 dead and 241,819 infected with the coronavirus.Minister of Health Roberto Speranza said on Sunday that Italy is considering compulsory health treatment in cases where a person has to be treated and does not.The Ministry of Health did not respond to a request for comment on Veneto’s move.Topics : People who test positive for the coronavirus but refuse hospital treatment could face a prison sentence under a new regulation introduced in Italy’s northeastern region of Veneto.The order by Governor Luca Zaia says that until the end of July hospitals must tell the public prosecutor’s office of anyone refusing admission after testing positive.Anyone returning to Veneto, which includes the city of Venice, must also be given two compulsory swab tests, Monday’s regional order says if they are returning from a business trip outside the European Union or a non-Schengen country.last_img read more

first_imgLots of area Sporting Events will be taking place this Weekend (June 6-7).Boys Golf Sectionals @ Greensburg Country Club on Friday (6-6)Most of our area teams will be competing.Girls Track State Finals @ IU-Bloomington on Friday (6-6)Batesville-Ginny Westerfeld in the 100 and 200 Meter Dash, Kim Tidman in the Long Jump and our 4 x 100 Meter Relay Team of Ginny Westerfeld, Kim Tidman, Sophie Meadows and Michaela Westerfeld.Oldenburg Academy-Meredith Maier in The 800 Meter Run and Kirsten Ricke in the 300 Meter Hurdles.East Central-The 4 x 100 Meter Relay Team of Kelli Cartuyvelles, Olivia Fette, Hannah Patton, and Kendall Gindling.Boys Track State Finals @ IU-Bloomington on Saturday (6-7)East Central-Cade Kneuven in the 100 & 200 Meter Dashes and Nathan Corn for The Pole Vault.Rising Sun-Austin Martin in The High Jump.Girls Individual Tennis Regionals @ Carmel on Saturday (6-7)Batesville’s Kelli Hartman and Brooke Bradford will play MacKenzie Lord and Shivali Rao of Brebeuf Jesuit starting around 10 AM.Oldenburg Academy’s Sarah Wilder will play in The Singles Tourney against Nicloe Weisman of Brownsburg starting around 10 AM.Baseball Regionals on Saturday (6-7)Class 3A @ Jasper. Batesville vs. Gibson Southern starting at 11 AM.Class 1A @ Morristown. Jac-Cen-Del vs. Indy Lutheran starting at 12:30.Softball Semi-States on Saturday (6-7)Class 3A @ Brown County. South Dearborn vs. Gibson Southern starting at 11 AM.Class 1A @ North Daviess. Rising Sun vs. North Daviess starting at 1.last_img read more