Six keys to making more loans at a lower cost

first_img 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Usually when you get free advice, it’s worth about what you pay for it. Today is an exception. Here are the six most valuable components of a credit union lending program you need to align to make more consumer loans at a lower cost:People. Do you have trained sales people capable of identifying needs or are they merely order-takers?Compensation. Does your compensation structure motivation appropriate behavior and results?Risk tolerance. Are your underwriting practices not too tight, not too loose, but just right?Operations. Are your policies member-focused or written for examiners, perhaps inhibiting your ability to make loans?Delivery channels. Are you structured solely around branch lending or have you evolved your delivery channels to keep pace with online and mobile options?Technology. Are you leveraging today’s latest technology to deliver a seamless application process, underwriting, closing and servicing?I intentionally listed “people” first. Nothing can substitute for a confident, expert lender capable of conducting a quality loan interview. Conversation is paramount, not filling in the application blanks. A solid interview reveals important information to help structure a loan properly and often unearths additional member needs. Also, you build trust and can boost member satisfaction. continue reading »last_img read more

4 things you should leave out of your resume

first_img 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: Details It’s time to find a new job. Maybe you’re tired of selling widgets, maybe you just want to live at the beach. Whatever the reason, you’re probably geeked up and ready to go. Maybe you got a fresh haircut, a new suit, and some shiny new black shoes. That’s fantastic. Let’s slow down a bit. Maybe it’s a been a while since you’ve applied for a job, so let’s take a peek at that resume and see how it’s looking. As you update your resume, here are a few things you should leave out if you want a real shot at getting that new gig.Your current work email address: Never use your current work email as your contact email address on your resume. It’s not a good look to use your company email to help you score a new job. The first thing that pops in my mind is someone filling out online applications while they’re getting paid to do something else. Use a personal email address that looks professional. If your personal account is, it’s time to get a new one.Anything that tries to make you appear smart: Unless you graduated high school last Thursday, avoid bragging about high school achievements. If you’re 35, hiring managers don’t care that you were in Beta Club. And avoid fancy words. You should use the same words on your resume that you use in conversation. Trying to appear smart usually looks like you’re trying to appear smart.Any irrelevant information: Your resume is your chance to display the skills and experience that are useful to you in acquiring a job. Anything that doesn’t help you reach that goal should be stricken from your resume. Your part time job cutting grass in high school and the words “references available upon request” both qualify as irrelevant. Save room for valuable information.Anything that makes you look like a weirdo: So, you spend your weekends being a party clown. Your time is your time, but I wouldn’t brag about it. For one; nobody likes clowns. Also, this fact isn’t going to help you get a job, so don’t waste anyone’s time with that nonsense. If you’re applying to work at a circus, ignore everything I just said.last_img read more

Data is the secret sauce for Domino’s pizza… and credit unions

first_imgMore organizations are rightly identifying data as an asset. As such, they have created a position dedicated to its stewardship. The emergence of the Chief Data Officer is recognition that data is a strategic and competitive advantage that needs to be protected, controlled and governed.An effective chief data officer drives information and analytics strategy that serves a business purpose. He or she has chief responsibility for enterprise-wide information strategy, policy, protection, privacy, data quality and life cycle management.Which of your past experiences do you think will most inform how you advise CO-OP colleagues and clients to leverage data going forward?As a six-sigma greenbelt, improving, transforming and creating different ways of doing things is both a strength and a passion of mine. Having the right mindset is critical. Combine that with the support and empowerment of the CO-OP leadership team, and I’m confident we’ll bring new value to the organization and its credit union clients. continue reading » 13SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Tomato-linked Salmonella cases push past 600

first_imgJun 24, 2008 (CIDRAP News) – The number of cases confirmed in a nationwide Salmonella outbreak linked to certain types of fresh tomatoes swelled to 613 over the past 3 days, as federal officials ruled out several Mexican states in an investigation that has focused on Mexico and parts of Florida as possible sources of the contaminated produce.The latest update, released yesterday by the US Centers for Disease Control and Prevention (CDC), shows that over the past 3 days 61 cases have been added to the tally and that Massachusetts has been added to the list of states affected by the outbreak, raising the total to 33.The illnesses are linked to an unusual strain, Salmonella enterica serotype Saintpaul. In early June the Food and Drug Administration (FDA) warned consumers not to eat raw red plum, red Roma, or red round tomatoes, or products that contain any of those varieties, unless the growing areas are on a list posted on the agency’s Web site.As in other recent updates on the outbreak, the CDC said the new cases mainly reflect increased surveillance by state health departments and completion of lab tests, rather than a spike in new cases.Based on information from 316 patients, illness onset dates ranged from Apr 10 to June 13. Ages ranged from younger than 1 to 99 years, and 50% of the patients were female. At least 69 people were hospitalized, but no deaths have been blamed on the outbreak. (As mentioned in the CDC’s earlier updates, however, salmonellosis may have contributed to the death of a Texas man who died of cancer.)Meanwhile, the Food and Drug Administration (FDA), in an update on its investigation yesterday, added 28 more Mexican states to its list of growing areas that have not been associated with the outbreak. In the FDA’s previous update, only one Mexican state, Baja California Norte, had been ruled out. Jim Prevor, a produce industry expert who hosts a blog called Perishable Pundit, wrote today that only three Mexican states have not been ruled out yet: Coahuila, Sinaloa, and Jalisco.In other Salmonella outbreak news, public health officials in Kansas are investigating a Salmonella enterica serotype Enteritidis outbreak that they fear might have a wide reach beyond Harvey County, where nine cases have already been confirmed. The county is in south-central Kansas, north of Wichita.Rita Flickinger, director of the county’s health department, told CIDRAP News that the illnesses surfaced in the wake of a large youth basketball tournament held in Newton, the Harvey County seat, in early June. A total of 650 teams from 15 different states competed in the Mid America Youth Basketball tournament, which was held in several Kansas towns. She said 64 of the teams, mostly 8th grade boys and girls, competed at venues in Newton.Flickinger said that because of the expanding scope of the outbreak, the Kansas Department of Health and Environment is taking over the epidemiologic investigation.So far, officials have not identified the source of the outbreak, but they suspect it might be linked to a popular restaurant in Newton, she said.According to the CDC, Salmonella Enteritidis is one of the most common Salmonella serotypes and sources of foodborne disease in the United States.See also:Jun 23 CDC press releasePerishable Pundit blog background information on salmonellosislast_img read more

Founders just couldn’t predict the future

first_imgCategories: Letters to the Editor, Opinion The Constitution was written with no mention of what kind of arms were “intended,” as it is silent on what specifically constitutes speech or the press. Private citizens purchased cannons in the 18th century.Presses printed one page at a time. Should we limit freedom of the press to one-page-at-a-time presses? Speech was by mouth. Should we exclude electronic means of delivering speech as protected? Do movies and TV count under free speech?The Founders could not have dreamed of email and texting. If we are going to “stop using 18th century laws to regulate 21st century weapons” and limit our rights to the means by which they were exercised in the 18th century, why not use that same logic to limit the means by which we enjoy our other freedoms today?Now, because there was no postal service in the 18th century, I will put down my quill pen, roll this parchment, melt some sealing wax, and call my attendant to hand courier this letter to The Gazette — by horse and wagon.DAVE HARTLathamMore from The Daily Gazette:Foss: Should main downtown branch of the Schenectady County Public Library reopen?Albany County warns of COVID increaseEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Urgent: Today is the last day to complete the census It’s hilarious, isn’t it, when people presume to know what our Founding Fathers “intended.” There’s this argument that goes around every time gun violence makes the news that the Founders had only single-fire muskets and bayonets in mind when they wrote the Second Amendment, and “Stop using 18th century laws to regulate 21st century weapons” and all that.last_img read more

Rent rates remain steady

first_imgRenting. Istock. Townsville Bulletin Real EstateMEDIAN house and unit values in Townsville have declined in the 12 months to June 2018 however rent prices are remaining steady according to new figures released by CoreLogic.According to CoreLogic’s June 2018 Regional Market Update house values have gone down 1.3 per to $303,000 and unit valued have dropped by 2.6 per cent to $239,00.However both rental yields and rental rates have recorded no change in the 12 months until June 2018.Weekly rental rates for houses are sitting at $310 per week and yields are at 5.3 per cent while weekly rents for units are $275 per week with a yield of 6.3 per cent.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020CoreLogic senior research analyst Cameron Kusher said he wasn’t confident Townsville’s market was in recovery yet but there was some positive signs.“We still have falls over the year to date… but we’re not really seeing the decline in sales activity anymore,” he said.“It’s pretty steady and that’s usually a sign that you’re close to the bottom of the market.“Resources is improving a little bit but I’m not sure how many jobs that is creating in the market but I also know there is some local projects kicking off like the new stadium which might be a driver of demand going forward.“Rental yields are pretty good in Townsville and while they aren’t where they were in the middle of the mining boom, you’re buying properties for a lot lower than you were at the peak and if Townsville does continue to see those falls in vacancy rates than there is a good chance you’ll see some investor interest come back to the market.”A total of 3079 dwelling were sold in the yea up until May 2018 with 83 per cent being houses and the rest units.The average vendor discount for houses is 9.6 per cent while it’s 9.4 per cent for units.last_img read more

CAF names Senegalese officials for Eagles, Squirrels clash

first_imgRelatedPostsNo Content Available The Confederation of African Football has picked Senegalese official Issa Sy as referee for next week’s 2021 Africa Cup of Nations qualifying match between Nigeria and Benin Republic in Uyo.Sy will be assisted by compatriots Nouha Bangoura (assistant referee 1), El Hadji Abdoul Aziz Gueye (assistant referee 2) and Fatou Thioune (fourth official) at the encounter scheduled for the Godswill Akpabio Stadium from 5pm.The Day 1 clash in the qualifying series will also see Munkaila Nassam Adam from Ghana as match commissioner, while Kria Samir Bouzareah from Algeria will play the role of referee assessor.Nigeria will welcome back skipper Ahmed Musa from injury, with defenders Kenneth Omeruo, Abdullahi Shehu and Bryan Idowu, as well as midfielder Mikel Agu and forward Samuel Kalu also returning.The Super Eagles, bronze medallists at the 32nd AFCON finals in Egypt this year summer, will then fly to Maseru on November 15 for the Day 2 clash with the Crocodiles of Lesotho, billed for the artificial turf of the Maseru-Setsoto Stadium as from 6pm Lesotho time (5pm Nigeria time) on November 17.Tags: Nouha Bangouralast_img read more

Iheanacho: I’m happy to take my chance

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal Martinez completes £20m Aston Villa move Grealish signs new five-year Aston Villa deal Kelechi Iheanacho revealed his delight after saving Leicester’s blushes against Aston Villa. The striker has scored six goals in eight games this term and came off the bench to rescue the Foxes on Wednesday. They were forced to settle for a 1-1 draw in their Carabao Cup semi-final first leg with Villa. Iheanacho cancelled out Frederic Guilbert’s first-half opener and was pleased to maintain his form. “It’s another goal, I’m really happy. I got the chance and I took it,” he told LCFCTV. “As a striker you need to be focused and composed in front of goal and the chance came and we took it. “The squad did really well in the second half and the pressing we did led to the goal so we’re happy. “I think it wasn’t a bad result, we got the draw. We should’ve done better but in the second half we were a bit better. Now, we need to focus on the next games. “It’s two legs now. Of course, we have a Premier League game next (against Southampton), but I think we’ll concentrate on that then we’ll get to Villa Park and see what happens.” Villa lost 4-1 at home to Leicester in the Premier League last month but take the Foxes back to Villa Park on January 28 with the tie finely poised. Boss Dean Smith said: “Overall, I’m really proud of the players to be leaving here unbeaten. It took a lot of hard work, a great defensive display and in all that we gave them a goal as well. “Really pleased that we’re going back to Villa Park all square. It will be a full house with a raucous crowd behind us and I’m really looking forward to that. “We’re one step closer to a Wembley final in a major cup competition, but there’s things we’ve got to get better at.”Tags: Aston VillaCarabao CupFrederic GuilbertKelechi Iheanacholast_img read more

Duffus extends Everton contract

first_img The 19-year-old forward is yet to make his senior bow for the Toffees, but he was named on the bench for a Europa League tie against Young Boys in February and spent a month on loan with Bury last term. Duffus is currently sidelined following knee surgery but is targeting a return to action in September. Teenage striker Courtney Duffus has signed a two-year contract extension with Everton to keep him at Goodison Park until 2017. Press Associationlast_img read more