Michigan tops a list of states in terms of quick unemployment recovery

first_img (Photo/Kim Closson) A new study ranked Michigan very high in terms of having a quick recovery from COVID-19.In fact, The Great Lakes State sits at the top of the list of all 50 states and the District of Columbia. The updated rankings from Wallethub show consistent job growth in recent weeks across the country, but say the recent surge in coronavirus cases could threaten that.The rankings are based on the changes in unemployment claims in each state. Indiana ranked 34th in the study, which also suggested that the virus has wiped out all of the job gains since the Great Recession. Michigan tops a list of states in terms of quick unemployment recovery Pinterest Twitter WhatsApp Facebook Pinterest Google+ CoronavirusIndianaLocalMichiganNationalNewsSouth Bend Market WhatsApp Twitter By Tommie Lee – July 23, 2020 0 351 Google+ Previous articleAG Hill: Governor does not have authority to make it a crime to not wear maskNext articleHoosier parents speak out about getting kids back in the classrooms Tommie Lee Facebooklast_img read more

Trey Anastasio Band Shares Pro-Shot “Simple Twist Up Dave” Ahead Of Paper Wheels Tour

first_imgWith Phish only playing a handful of shows in addition to their Baker’s Dozen run in NYC, frontman Trey Anastasio is bringing his solo band on the road for 14 nights. The Paper Wheels tour kicks off on Friday, April 14th, and Saturday, April 15th, at the Capitol Theatre in Port Chester, NY in support of their 2015 release.In celebration of this upcoming tour, Trey Anastasio Band has shared a pro-shot video for the 2003 Plasma track “Simple Twist Up Dave” from their Brooklyn Bowl Las Vegas performance from October 30, 2016.Watch “Simple Twist Up Dave” below:Full Trey Anastasio Band Tour Schedule4/14-15 – The Capitol Theatre – Port Chester, NY4/20 – The Fillmore Charlotte – Charlotte, NC4/21 – Sweetwater 420 Festival – Atlanta, GA4/29 – Stubb’s Waller Creek Amphitheater – Austin, TX4/30 – House of Blues Houston – Houston, TX5/2 – Cain’s Ballroom – Tulsa, OK5/3 – The Pageant – St. Louis, MO5/5 – Egyptian Room – Old National Centre – Indianapolis, IN5/6 – Royal Oak Music Theatre – Royal Oak, MI5/7 – Danforth Music Hall – Toronto, ON5/25 – The Fillmore Philadelphia – Philadelphia, PA5/31- Red Rocks Amphitheater – Morrison, CO (w/Vulfpeck)6/3 – Big Sky Brewery – Missoula, MTlast_img read more

Grateful Shred Announces Winter 2019 Tour Dates

first_imgGrateful Shred 2019 Tour DatesFeb. 19 – Ithaca, NY — The HauntFeb. 20 – Rochester, NY — Flour City StationFeb. 21 – Buffalo, NY — Buffalo Iron WorksFeb. 22 – Ferndale, MI — Otus Supply at Parliament RoomFeb. 23 – Chicago, IL — Chop ShopFeb. 24 – Cleveland, OH — Beachland BallroomFeb. 26 – Somerville, MA — Once BallroomFeb. 27 – Port Chester, NY — Garcia’s at The Capitol TheatreFeb. 28 – Washington, DC — Gypsy Sally’sMarch 1 – Brooklyn, NY — Brooklyn BowlMarch 2 – Brooklyn, NY — Brooklyn BowlMarch 3 – Ardmore, PA — Ardmore Music HallView All Tour Dates Los Angeles-based Grateful Dead cover band, Grateful Shred, have announced their plans to return to the eastern U.S. next winter. The band will begin their 12-show North American tour on February 19th, and will be joined throughout the run by New Jersey jam band Garcia Peoples, and MAPACHE, with the latter being more of a folk-based act made up of Grateful Shred members Sam Blasucci and Clay Finch.The three-week tour will start out with a trio of performances across New York state in cities including Ithaca, Rochester, and Buffalo. It’s worth noting that Ithaca, New York is where the Grateful Dead played one of their most famous shows back on May 8th, 1977 at Cornell University’s Barton Hall. Other stops on the winter 2019 tour include scheduled shows at the Chop Shop in Chicago, IL (2/23); Once Ballroom in Sommerville, MA (2/26); Garcia’s at The Capitol Theatre in Port Chester, NY (2/27); two nights at Brooklyn Bowl in Brooklyn, NY (3/1 and 3/2); And the Ardmore Music Hall in Ardmore, PA (March 3), just to name a few. The 2019 winter tour will look to keep the energy going from their upcoming December tour, which starts this Wednesday with a show at Colorado’s Belly Up Aspen.The predominantly west coast group has earned plenty of recognition over the past year as one of the more notable emerging cover bands within the Grateful Dead universe.Pre-sale for the shows at Brooklyn Bowl will begin on December 5th at 10 a.m. EST with the access code, “SHREDRELIX”. General on-sale will follow two days later beginning Friday, December 7, at 10 a.m. EST, and can be found by visiting the band’s website. Until then, fans can click here to read up on what happened the last time Grateful Shred played the Ardmore Music Hall back over the summer.last_img read more

Dozens of new genetic regions linked to breast cancer

first_imgTwo large genome-wide association studies of thousands of women have identified 75 new genetic regions that influence the risk of breast cancer.The findings—from an international team including Harvard T.H. Chan School of Public Health—add to the roughly 100 known breast cancer risk regions in the human genome, providing information that could help identify women at high risk of breast cancer as well as guidance for further research on the biology of breast cancer development and progression.One study identified 65 new genetic regions associated with overall breast cancer risk and will be published Oct. 23, 2017 in Nature. The other study, to be published the same day in Nature Genetics, identified 10 genetic regions linked with risk of estrogen receptor-negative breast cancer—an aggressive type of breast cancer that does not respond to hormonal treatments.“These studies implicate many previously unsuspected genes and genetic mechanisms in breast carcinogenesis,” said Peter Kraft, professor of epidemiology and a co-senior author of both studies. “The findings could be used to identify women at high risk of breast cancer who might benefit from more intensive breast-cancer screening or other risk-reducing strategies.”Breast cancer is the most commonly diagnosed non-skin cancer and the second-leading cancer killer among U.S. women. There is a strong inherited familial component to the disease. For instance, a woman whose sister has been diagnosed with breast cancer has about a twofold increased risk of getting breast cancer herself, relative to average risk among all women. Rare, high-risk mutations in genes such as BRCA1 and BRCA2—the best-known genes linked to breast cancer risk—have been found to account for less than 25 percent of the shared risk within families. Another hundred genetic variants found in previous genome-wide association studies are linked with small changes in breast cancer risk and explain some, but not all, of the remaining family-related clustering.The new research involved nearly 230,000 women of European descent, about half of whom had been diagnosed with breast cancer. Each of the newly identified variants only has a modest effect on breast cancer risk when looked at individually. But when looked at together they can help identify a small but meaningful proportion of women at high risk of breast cancer, Kraft said.The studies also found some genetic regions that are associated specifically with estrogen-receptor positive breast cancer (in which estrogen may promote the growth of cancer cells) and some that are associated specifically with estrogen-receptor negative breast cancer—underscoring the fact that these are biologically distinct cancers that develop differently.“These new studies make clear how much of the familial risk of breast cancer remains to be explained, despite everything we’ve learned,” Kraft said. “We are still on the steep part of the discovery curve when it comes to identifying common variants individually associated with small differences in breast cancer risk.”  Read Full Storylast_img read more

Accelerating Into The Second Half And Beyond: A Global Alliances Broadcast

first_imgWow, what a tremendous first half of the year. I would go so far as to say that it has been legendary. Thank you to ALL of our partners for your incredible dedication to our Acceleration Strategy that I laid out at Global Partner Summit a few months ago. What Acceleration Strategy you may ask? Well let me refresh your memory on the four key tenants.Standardize – We must become the design standard for your offeringsExpand – We must focus on growing our incremental business and win net new opportunitiesScale – Drive practices around the four transformations of IT, Digital, Security and Workforce Transformation and embrace the full Dell Technologies portfolioLeverage – We must leverage each other’s strengths, from the full portfolio of Dell Technologies products and services to your expertise and ecosystemWhy do I believe this strategy will help us accelerate our success together? Well, it’s working. We saw 13% year over year growth in Global Alliances in the first half of the year. That’s incredible. But what’s truly impressive is that we saw double digit growth in every single region.I highlighted the success that we’ve had thus far and outline our vision for the future in the Global Alliances Broadcast last week. If you haven’t had the opportunity to check it out, I highly recommend you watch the full recap. What will you hear?A conversation with Bill Scannell, President, Global Enterprise Sales and Customer Operations around the importance of our Global Alliances Partners to the Dell Technologies business and how you play an important role in helping our customers on their transformational journeysAn introduction to Partner Preferred for Enterprise and Commercial, a program aimed at incentivizing our partners to grow both of our businessesGet more insight into our Global Client and Compute Solutions group and how YOU can leverage their products and services to grow your business. I’ve said it before and I’ll say it again, the more you know our portfolio, the more successful we will beLearn about the Dell Technologies Advantage Partner Framework, a program aimed at making it easier for our partners to work across all of the Dell Technologies Partner ProgramsHear an update on the Dell EMC Partner Program and the programs we launched in the first half of the year to drive our joint go to market initiatives, including Cloud Partner ConnectUnderstand the three key themes that are driving Global Industries to solve the toughest challenges our customers face across industriesFor our technical experts, hear from our Presales and Specialty Sales leaders and hear about our most recent product launches as well as the success of our Hero’s program and how we’re engaging with our partner technical community to enable knowledge sharingFinally, get an update on our Systems Integrators and Strategic Outsourcers and why our joint customers understand the value of working with Dell EMC and our Global Alliances Partners to accelerate their organizational goalsI want to reiterate a huge THANK YOU to all of the men and women within Global Alliances and our partners for all of your hard work and dedication. We are extremely grateful for all that you do. Don’t forget to check out the leaderboard for President’s Circle 2019 too and see if you’re in the hunt for the elusive trip to South Africa. Last year was absolutely incredible and I can’t wait to see some of you on safari and celebrate our partnership.Head to the Partner Portal to view the broadcast replay!last_img read more

Web Site Design by Cambium Group Wins Awards

first_imgCambium Group, LLC, a leading web site development firm specializing in innovative web site designs and content management systems has developed a nationally recognized web site for Telephone Credit Union (TCU) of Manchester, New Hampshire. The Telephone Credit Union site, www.tcu.org(link is external), recently received two individual awards for web site design and production.The first award, from the CUNA Marketing and Business Development Council (CMC) recognizes TCU’s web site with the “Merit Award” in the Internet Marketing category. Entries in the CMC’s 2003 Diamond Awards were judged by nationally acclaimed credit union marketers, based on criteria such as strategy, creative concept, design, copy, and results. The CMC is a national network of Credit Union marketing and business development professionals.Telephone Credit Union also received the 2003 Silver Web Site Award from the Marketing Association of Credit Unions (MAC). Each year, during the MAC Annual Conference, members have the opportunity to compete for the coveted MAC Marketing Awards. Winners of these awards receive national recognition through credit union trade publications. MAC Marketing Award winners are selected by a panel of judges with extensive background in credit unions and marketing. Results, production quality, and creative design are considered in the selection process. Since 1986, the Marketing Association of Credit Unions has been recognized as the preferred trade association for credit union marketing professionals.”It’s an honor to have received these awards. We see the success of our site daily through the way our members and prospects use the site and conduct business. But it is always neat to have other marketers acknowledge the planning and thought that went into the development of the site.” stated Nathan Saller, TCU’s Vice President of Marketing.last_img read more

Slumming It

first_imgI realized recently that I’ve become a bit of a dandy when it comes to beer. It’s one of the side effects of my job. I drink a lot of great beer for work, some of which just shows up on my doorstep. It’s an absurd situation, but it comes with certain drawbacks. Mainly, I’ve grown accustomed to the finer things. If a beer doesn’t have a well-thought out malt bill (preferably grown within a 100 miles of the brewery), and use experimental hops and pure spring water, I turn my nose up at it. There are days when I simply won’t touch anything that isn’t barrel aged. Other days when I just absolutely have to have a sour. It hurts to admit it, but I am what I hate the most: a beer snob. It wasn’t always this way. I came from humble roots, raised in the backwoods of Georgia on a steady diet of Busch Light and mystery keg beer. Those days were simpler. It was a game of volume, quantity over quality. Occasionally, I’d splurge and get a six pack of something really good, like MGD. Now look at me. I get offended when I travel to a town that doesn’t have a local brewery for me to try. Actually offended. What the hell is wrong with me? I was faced with this identity crisis last night when someone showed up with a suitcase of Milwaukee’s Best Ice to a backyard pump track session. At first, I shuddered. Not only was it “The Beast.” It was The Beast Ice. One of the worst beers on the planet. And yet, I had finished off my last session IPA. There were more laps on the track to be had. It was unlikely that I would just stop drinking, and going to the corner store for something that actually had hops seemed like a pain in the ass. All of these reasons stacked up in favor of me cracking open a can of The Beast. Logic dictated that I slum it, but honestly, I was just tired of over thinking my beer. For a minute, I just wanted to stop being a dandy and drink something shitty. It’s a strange situation to be in. Even the worst craft beer is better than The Beast Ice, so why would anyone choose to drink a lesser beer? But I’d argue that every beer snob should slum it once in a while. Consider it a palate cleanser. You’re washing away all of those thoughtfully crafted beers with their “rye spice” and “notes of mango,” and reestablishing a baseline. I was going back to my roots. Revisiting my heritage. So I did it. I indulged in several Beasts, and let me tell you something: that’s really crap beer. But it didn’t kill me. And it made me truly appreciate the thought, creativity and precision that goes into even your average craft IPA or lager. Eventually, someone showed up with some Dale’s Pale Ale, so I was saved. Taking a trip down memory lane with shitty beer is all fine and well, but you shouldn’t spend too much time there. One upside to my dalliance with crap beer—my palate was truly cleansed; Going from the Beast to Dale’s was like rediscovering good beer all over again. I was born again.last_img read more

Poll: Do you believe that Kaiha “Wild Card Ninja” Bertollini Broke the Appalachian Trail Speed Record?

first_imgKaiha “Wild Card Ninja” Bertollini, began hiking the Appalachian Trail back in early August, and when she reached the summit of Springer Mountain just a few days ago she claimed to have broken every known speed record.Predictably, this sent the media into a whirlwind as several heavily-followed outlets put out stories about Bertolini and her almost inconceivable claim.Tell us what you think by voting and commenting below![totalpoll id=”67420″]last_img

Catholic Bishops Vote to Revise Rules for Health Care Partnerships

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Update, Nov. 12: On Tuesday, the bishops conference overwhelmingly voted to pursue a revision of the directives pertaining to mergers and partnerships. The vote was 213 to 2 with one abstention.“The medical field is advancing so rapidly, it’s very important for us to address these issues as well [as] for the sake of our people,” said Bishop John C. Wester of Salt Lake City, according to the Washington Times. “It’s not something that’s adversarial.”Bishop William Murphy of Rockville Centre, New York, said revisions were needed because Catholic health initiatives have expanded to include buying physicians’ practices and more. “It makes it really very important for us to do the best we can to illuminate Catholic principles in cooperation,” he said in the Times story.Original post below: The 2011 merger of the two remaining hospitals in Troy, N.Y., had many potential benefits—and one huge hurdle.Samaritan was secular, committed to providing the widest possible spectrum of reproductive and maternity care to its Albany-area patients. St. Mary’s was Catholic, limiting or banning many reproductive options—and any merger partner had to abide by the same rules.It took several years of negotiations among three different health systems, much back-and-forth with women’s advocates, and the sign-off of the local bishop. But in the end, the parties struck a deal that all of them could live with. The centerpiece was the brand-new Burdett Care Center, housed on Samaritan’s second floor.To all appearances, Burdett was a typical maternity ward. But in reality, it was a separately incorporated hospital-within-a-hospital, secular and thus free from the Catholic restrictions that Samaritan had agreed to follow. Burdett could provide birth control and perform tubal ligations; if a woman was having a miscarriage or ectopic pregnancy, doctors could treat her according to generally accepted standards of care.Complicated? Yes. Cumbersome? Very. Still, as a compromise to preserve access to care in Troy, “it’s worked very well,” said Lois Uttley of the nonprofit group MergerWatch, which helped broker the arrangement.Soon, though, compromises between Catholic health systems and their non-Catholic partners may be rarer and harder to achieve—and that could have profound implications for women’s access to reproductive services in hundreds of communities across the U.S.The U.S. Conference of Catholic Bishops is meeting in Baltimore this week, and members are considering whether to begin the process of revising—and likely tightening—its directives governing health care mergers and partnerships. The goal, according to a USCCB press release, would be to incorporate Vatican principles ensuring that Catholic institutions do not “cooperate immorally with the unacceptable procedures conducted in other health care entities with which they may be connected” or “cause scandal” as a result of such collaborations.The USCCB—whose members oversee Catholic health care systems in their individual dioceses—didn’t respond to a request for an interview about what the new directives might say or how the revision process might proceed. A spokesman for the Catholic Health Association of the United States, whose members control 1 in 6 hospital beds around the country, also declined to comment.But women’s groups and consumer advocates are worried. Stricter rules, they say, would probably doom workarounds like the Burdett center—and could affect everything from employment contracts for doctors and nurses at Catholic facilities to deals with third-party suppliers such as testing labs.“The scope of Catholic health care in this country is big,” said Sara Hutchinson Ratcliffe, domestic program director for Catholics for Choice in Washington, D.C. “The restrictions on reproductive healthcare that [the bishops] already place on Catholic health systems are far-reaching and growing. Any changes the bishops make to further limit [care] … should be very concerning to everyone.”The move to revise the rules, last updated in 2001, comes against a backdrop of unprecedented growth in Catholic health care over the past decade, especially since the passage of Obamacare. According to a report last year by MergerWatch and the American Civil Liberties Union, the number of Catholic-sponsored hospitals jumped 16 percent from 2001 to 2011, even as the overall number of hospitals dropped by 6 percent and the number of secular community hospitals plunged by 31 percent. Catholic hospital systems now make up four of the five largest nonprofit health-care networks in the U.S., Hutchinson Ratcliffe said.Meanwhile, the reach of Catholic health care is expanding in new and ever more complex ways, thanks to an explosion in networks—such as integrated delivery systems and accountable care organizations—in which regional providers come together to coordinate all the care for the local population. Catholic health systems have even begun purchasing insurance companies. These kinds of deals have created “a brave new world for Catholic health care,” Uttley said, increasing the potential for conflict between religious values and secular standards of medical care. “The question for the bishops,” she added, “is how are they going to respond to these changing dynamics.”Under longstanding USCCB policy, when Catholic and secular health organizations merge or affiliate, the non-Catholic one must agree to “respect church teaching and discipline.”Those teachings—along with the guidelines on mergers and partnerships—are laid out in a document called the Ethical and Religious Directives for Catholic Health Care Services, which governs every Catholic hospital, clinic, nursing home, and health-care business in the country. The 72 directives ban elective abortion, sterilization, and birth control. They also restrict fertility treatments, genetic testing, and end-of-life options.In some instances, the ERDs have been interpreted to limit crisis care for women suffering miscarriages or ectopic pregnancies, emergency contraception for sexual assault, and even the ability of doctors and nurses to discuss treatment options or make referrals. The impact of the directives is felt especially in communities—often in rural areas—served by just one hospital. In Bartlesville, Okla., for example, the only medical center in town tried to force all OB/GYNs with admitting privileges to stop prescribing birth control to female patients. (The hospital later backed down.)Yet many patients have no idea that the ERDs exist or that their hospital or clinic has begun partnering with a Catholic facility. “It’s a huge problem in terms of getting care or even getting information about your care,” said Louise Melling, the deputy legal director for the ACLU, which is suing the bishops conference over a botched miscarriage treatment at a Catholic hospital in Michigan.In Washington, which has seen more religious-secular partnerships than any other state in recent years, Seattle’s archbishop tried to force a Catholic hospital with the only lab in the area to cease running tests for Planned Parenthood. Catholic health systems also have pressured doctors with admitting privileges to stop helping terminally ill patients who want to make use of the state’s “death with dignity” law. This past summer, the ACLU stepped in to stop a deal involving Washington State University and a Catholic system that would have made a planned teaching clinic in Spokane subject to the ERDs (the clinic will be secular).“We are the canary in the coal mine when it comes to religious oversight of health care,” said Monica Harrington, a board member of the Center for Reproductive Rights and former senior policy analyst for the Bill and Melinda Gates Foundation in Seattle.The bishops’ proposal to review the  merger and partnership rules was triggered by a memo this past February from the Vatican’s Congregation for the Doctrine of the Faith. If USCCB members vote this week to go along with the Vatican proposal, the conference’s Committee on Doctrine will draft a revision to the directives that will be voted on at a later meeting.Barbra Mann Wall, a nursing professor and historian of medicine at the University of Pennsylvania, has written several books about Catholic health care. She says that Pope Francis’ apparent openness on issues such as divorce and greater acceptance of gays and lesbians probably does not extend to the questions that the Vatican office and the bishops are grappling with. “These are basic issues of Catholic doctrine … I don’t think [Francis is] going to be more liberal on this.”Nor does Wall think the USCCB—which has been leading pitched battles to limit contraceptive coverage under Obamacare and weaken abortion rights in the states—is going to adopt more flexible rules on how Catholic health systems should deal with those issues. The Supreme Court’s decision last June in the Hobby Lobby case has left the bishops “more emboldened,” Wall said. “This is a time when I really think the church is going to move to get the things that they want.”ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for their newsletter.last_img read more

3 ways a recession can boost credit union lending

first_imgAccording to economists, the nation’s CFOs and every news report, all signs point to an economic downturn in 2020. The good news is that most experts are calling for a run-of-the-mill retraction, rather than the severe financial meltdown that marked the Great Recession of the late 2000s.Still, an economic correction of any size has a chilling effect on lending. After all, responsible underwriting and proactive financial management protect financial institution assets from losses. When that financial institution is a credit union, protecting those assets take on additional meaning because they don’t belong to the institution – they belong to members. However, credit unions also have a responsibility to provide financial services to the communities they serve, in good times and bad.In fact, one could argue that credit unions are countercyclical financial institutions that stimulate their local economies by responsibly increasing lending during an economic downturn. Countercyclical businesses aren’t just do-gooders – they see the potential for growth when others cut back. Think of how enrollment at universities increased during the Great Recession, as laid-off workers increased their education to qualify for better jobs. From 2006 to 2011, higher education enrollment increased by 3 million; in particular, enrollment at less expensive, two-year colleges increased by an astonishing 33%, according to Census.gov. Two other trades that do a brisk business when the economy tanks are liquor stores and pawn shops. They are a perfect segue to the importance of credit union lending during a recession.When banks and other for-profit lenders cut off access to capital during the Great Recession, credit unions gained members and significantly increased their loan portfolios, because they were the only game in town willing to lend to local businesses and families.It’s our cooperative structure that allows credit unions to grow during tough times. We all know that credit unions exist to lift up members, not take profits from working-class people and deliver them to the 1%. Because of that very significant difference in structure, an economic downturn allows credit unions to grow while doing the right thing.What can credit unions expect when the next downturn comes? Each economic retraction has different, unexpected implications, but they’re generally all pretty similar. Here are some opportunities for which credit unions should prepare in 2020.People will lose their jobsThe nation’s unemployment rate held steady in August at 3.7%, a near-record low. Record lows are unsustainable, so expect members to lose jobs or at least hours. If your credit union offers loan payment deferral and restructuring programs, you’ll minimize losses and build trust and goodwill that will pay off when prosperity returns.Today’s technology will make it easier for laid-off workers to launch home-based small businesses. In America, entrepreneurs are economic leaders, generating half of all private-sector jobs. Community financial institutions support small businesses, but they often do a poor job of serving start-up entrepreneurs who are one-person shops or operate with just a few part-time or contract workers. Remember, today’s largest and most successful companies – Apple, Microsoft, Google and Amazon – started in their founders’ garages.Spending slowsEntertainment, travel and eating out are always hit the hardest when families tighten their budgets. Sure, these behaviors may shrink your credit card portfolios, but if you provide member business lending, it’s an opportunity to help small businesses cover the difference until the slowdown ends. The average recession lasts just 17 months. Surely your credit union can find a way to reduce loan payments or create a new loan product that will help a successful owner-occupied business for a year and a half. Refinancing loans away from other lenders should be part of your credit union’s strategic plan during this time. Perhaps the small business owner would be willing to include some marketing or naming rights for the credit union investing in the community for the long term.Families sufferRemember when financial institutions lowered or shut down credit lines, tightened credit policies and stopped lending as contagion of fear spread throughout the United States and the globe? During a recession, there are fewer presents under the family Christmas tree, no fun family vacations and fewer kids go to college. Strains on family life during a recession not only present loan opportunities, they also give your credit union new ways to make a social impact while generating positive publicity. It is important to remember credit unions were formed during hard times when working class families were ignored by the banking system and did not have access to credit. Our members are more than a credit score, and we should always treat them with dignity and respect, especially when other financial institutions may have turned their backs on them. It takes courage to stand firm and be there for members when they need your help the most. But isn’t that why the members created credit unions and why we retain capital for hard times? With so many headlines warning of an economic slowdown, there’s no reason credit unions should be caught unprepared. With some basic planning, credit unions can not only help members, but also grow and thrive. It’s not just good business – it’s credit unions’ civic duty. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Dwayne Naylor A passionate credit union advocate, Dwayne Naylor has worked in the credit union industry for more than 25 years. His focus on the “triple bottom line” — a sustainable enterprise that … Web: www.civicfcu.org Detailslast_img read more