Competitive conditions mandate credit unions increase focus on checking

first_imgIn our work with credit unions across the United States, we experience a variety of perspectives about checking. For most, it is part of doing business, but not necessarily a concerted point of focus. Who could argue, as the credit union industry has shown steady annual growth in checking accounts almost 6% since Bank Transfer Day in 2011. However, recent trends suggest some slowing of growth. And as “quiet” as the market for checking appears to be, there are massive shifts afoot that should be examined.To begin with, the dominance of the large banks is insatiable. According to Novantas, in 2017, 45% of all new accounts were opened at Bank of America, Chase and Wells Fargo. Why is that? Because all offer superb digital experiences, provide overall convenience and are continuously in the market with acquisition offers up to $600. While none of the big three offer “truly free” checking, most have qualifiers as low as a $250 direct deposit, so the value exchange with their customer base is strong. All focus on checking, and the results speak for themselves.There are also new elements of competition. “Challenger banks” such as Chime, a U.S.-based digital bank, are now well established. They compete with No Fee Checking, Account Protection (No ODs), and an “Uber-like” digital experience. Chime has opened two million fee-free online checking accounts and is adding more customers each month than Wells Fargo or Citibank (over 250,000). Some may recall the December fiasco of Robinhood, where a new cash management account (aka checking) was offered for sign-up, but then discontinued. Similar to its brokerage services, it featured no fees, along with premium interest and a strong digital experience. The account was eventually rescinded, but had over 850,000 people on the wait list within a month. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

How you can continue to support small businesses

first_imgAlthough times are temporarily tough, businesses are holding onto hope. “Some of our cashiers are doing deliveries, some of our servers are doing deliveries, we’re beefing up those operations,” said Crews who is also a manager at Owego Originals. “Give them a call, buy them a gift certificate, tell your friends to do the same thing and take good care of yourself,” said Curatolo. Owego Originals offers free lunch to students up to 12th grade from 11 a.m. to 1 p.m. on Mondays and Thursdays. “This is who we are. This is our identity. So this isn’t just a matter of taking a dip in business or a dip in sales, this is a matter of us just remembering who we are, supporting our small businesses, and just bouncing back as soon as we can,” said Owego Historic Marketplace president Brad Crews. Shops and restaurants have had to cut hours, as well as workers. “Whether it’s restaurants, gift shops, whatever, come out and support them either through gift certificates, things you’re going to buy, buy something for somebody else who is struggling right now. Those are the important pieces,” said Owego Kitchen owner Ike Lovelass. But in the meantime, there are some things you can do to help while following the restrictions in place. Despite the changes business owners are facing, they are still serving the community and giving back. OWEGO (WBNG) — Earlier this week, the state announced restaurants and bars would be suspending dine-in operations, while capacity restrictions were placed on other businesses. Owego Kitchen offered free family dinners to people in the area on Tuesday afternoon and says it has plans to continue. It’s especially true for the Village of Owego. “Day one they were communicating about what they can do for the community. And I think that’s really telling about why we should feed small businesses, help them sustain themselves, because they are the first ones to give back to the community when we need it,” said Crews. As the coronavirus spreads and more limits are put into place, it’s having its impact on local businesses here in the Southern Tier. “Small businesses are affected extremely and it hits them faster. Faster than large corporations obviously. Some of them will not survive,” said The Goat Boy owner Lisa Curatolo. “Just generosity in this community is why we settled here. It’s incredible the community support. If you think of this village, two floods in two years, 90% of the village underwater, and it’s come out stronger than ever and we hope truly that it will be the same thing here,” said Ike and Julie Lovelass. “It’s heart-wrenching because I know a lot of our employees have kids and while the kids are being taken care of through the schools and the food, it’s such a stressful time. Mortgages need to be paid, the trickle down effect of this is overwhelming,” said Owego Kitchen owner Julie Lovelass. You can also take advantage of take-out and delivery services. Some restaurants in the village, like Owego Kitchen and Las Chicas Taqueria also have online-ordering systems to make things more convenient.last_img read more

The Latest: USL’s Indy Eleven to return with limited fans

first_img“This is one of the hardest decisions athletic departments have to make, but it comes at a time when we are facing the most serious financial challenge we have ever seen,” Boise State athletic director Curt Apsey said in a statement Thursday.The cut to baseball comes after the program was recently reinstated. The school announced in 2017 that baseball was being added after it had been discontinued following the 1980 season. The 2020 season was Boise State’s return, but the Broncos played only 14 games before the season was canceled.The school said all scholarships for athletes in the affected programs, including incoming 2020 signings, will be honored.___Finishers of the virtual Boston Marathon will receive their medals in an Amazon package instead of having a volunteer drape it around their necks on Boylston Street. Race organizers announced plans for the event on Thursday. Runners will have from Sept. 7-14 to complete the 26.2-mile distance and submit proof. There is no time limit, but it must be completed in one continuous run.Also included in the post-race package will be a participation shirt, a program, a bottle opener and other unspecified celebratory items.The virtual race is open for those who had already registered for the real one, which was scheduled for April 20 and then put off until Sept. 14 before it was canceled. The cost to register for the virtual race is $50.The Boston Athletic Association says it is encouraging the more than 10,000 volunteers who had signed up to give back to their communities in another way. They can receive their volunteer jacket or donate it to a front-line worker.___ Associated Press July 2, 2020 The Latest: USL’s Indy Eleven to return with limited fans More AP sports: and Security checks will be conducted with walk-through magnetometers and ticket-scanning will be contactless. Concession lines will be marked with spots 6 feet apart, condiments will be served in single-serve packets, refills of food or beverages will not be allowed and most items will be served in sealed containers or wraps.Players, referees and staff who are not competing on the field also will be required to wear face coverings. Flag bearers, player escorts and ball kids will not be used, and players will be discouraged from celebrating with hugs or high-fives.Ten of Indy’s 15 remaining games will be played at Lucas Oil Stadium.Indianapolis also will be hosting the first NHRA drag racing events next Saturday with limited fans in attendance.___ Rojas said all other coaches and players have reported for intake screening. Assistant hitting coach Tom Slater will substitute on site for Davis, who lives in Arizona during the offseason.“I think we’re going to get the best of Chili whether he’s with us at the start of camp or whether he’s working remotely. I mean, we’re in constant communication. Chili and I practically talk every day and he’s in communication with the coaches,” Rojas said. “So he’s going to be helping us. He’s a great asset, he’s got great knowledge, great experience. He helps the players with hitting, with playing the game. He helps the coaches as well with his view of the game. So he is going to be working remotely and we’re going to feel his presence.”___Boise State is cutting its baseball and women’s swimming and diving programs as a result of the COVID-19 pandemic.The program cuts, along with additional department and program operating reductions, will reduce the overall athletic budget by nearly $3 million. League officials announced a 263-game schedule that will be played over a 13-week span, leading to a 16-team playoff scheduled for October.Indy also released a nearly 2,000-word document about changes that will be implemented at the stadium, home of the NFL’s Indianapolis Colts, to protect those inside from COVID-19.Changes include mandatory face coverings inside the stadium except when people are eating or drinking, limiting groups to four or fewer tickets, separating those groups with at least four empty seats and using a minimum of every other row to maintain social distancing.Tailgating will not be permitted. Fans also will enter the stadium in staggered 15-minute shifts and will exit by row with those nearest the exits leaving first.Each ticket holder also will be asked if they’ve been in close contact with anyone who had a confirmed case of COVID-19 and if they are experiencing specific symptoms of the illness before they can undergo a temperature check. Anyone topping 100.4 degrees will not be admitted, though fans can request a recheck after a cooling down period. The French Open will be held with fans when it starts in September.The French Tennis Federation has written on Twitter that tickets will go on sale to the general public on July 16. The FFT did not give more information as to how many fans will be allowed at Roland Garros for the Sept. 27-Oct. Oct. 11 tournament.The clay-court tournament had been scheduled to start on May 24. It then got postponed to Sept. 20 because of the coronavirus pandemic and then pushed back another week.The FFT has prepared a health and safety protocol to ensure the safety of fans.___center_img The Boston Red Sox are getting ready to open their spring training reboot at Fenway Park.On Thursday, a day before the team was scheduled to hold its first workouts, weights and exercise equipment were set up in the concourse to allow players to work out with more social distancing than the usual cramped facilities would allow.Masked grounds crew members worked to get the field ready.Baseball suspended spring training in March because of the coronavirus outbreak and delayed opening day. The players and owners agreed last month to try again, with teams reporting for workouts on Friday and the first games of a 60-game schedule to be played in empty ballparks on July 23 or 24.Massachusetts Gov. Charlie Baker was at Fenway on Thursday to sign an order allowing the Red Sox to open the ballpark without fans as the state launches Phase 3 of its reopening plan. ___New York Mets hitting coach Chili Davis will continue working remotely when the team’s summer camp opens Friday.The New York Post was first to report that the 60-year-old Davis won’t be on site at Citi Field for the beginning of practices because of concerns about the coronavirus.“The timeline for him to join us is uncertain yet,” new Mets manager Luis Rojas said on a video call Thursday.The Post, citing anonymous sources in its report, said Davis does not have the virus. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The United Soccer League’s Indy Eleven will return to action next Saturday with limited fans at Lucas Oil Stadium. The link between Wimbledon and strawberries is muddy but the main theory has to do with timing. Strawberry season in Britain just happens to coincide with the tennis tournament.Cream is optional.___Novak Djokovic says he and his wife have now tested negative for the coronavirus.The top-ranked player tested positive for the virus after playing in an exhibition series he organized in Serbia and Croatia with zero social distancing amid the pandemic. The cancellation of the Wimbledon tennis tournament has led to a “berry” big boon for health care workers in London.The All England Club says it will donate 200 portions of strawberries to workers on the front line of the coronavirus pandemic every day.The club says more than 26,000 strawberries that would have been used for Wimbledon are being prepared by staff for delivery.Wimbledon says it is a “small gesture of appreciation for the dedicated service of the NHS during what would have been The Championships Fortnight.”Wimbledon was canceled this year for the first time since World War II because of the pandemic. The tournament had been scheduled to start on Monday. West Indies cricket coach Phil Simmons has mixed with his squad again in Manchester after passing his latest test for the coronavirus.Simmons returned from his father-in-law’s funeral last week and had been self-isolating in his hotel room at Old Trafford.He had been watching the team’s intrasquad match from his balcony but was allowed to interact with his players after passing a third consecutive virus test.The first test against England starts on Wednesday.___ His media team says “Novak Djokovic and his wife Jelena are negative for COVID-19. That was shown by the results of the PCR tests that both had in Belgrade.”The statement says both had no symptoms and that they were in self-isolation in the Serbian capital since testing positive 10 days ago.Djokovic was the fourth player to come down with the virus after participating in matches held in Belgrade and Zadar, Croatia. The others were three-time Grand Slam semifinalist Grigor Dimitrov, Borna Coric and Viktor Troicki.___Swiss soccer club St. Gallen says a player tested positive for coronavirus after visiting family in Serbia. The Swiss league leaders say they allowed Boris Babić to make the two-week trip while recovering from a serious knee injury.The 22-year-old forward tested positive upon his return. The club says he does not have symptoms and is in self-quarantine.St. Gallen says Babić has not had contact with his teammates.Attention on Serbia’s rising number of coronavirus cases followed Novak Djokovic and three other tennis players testing positive at a tournament he organized in Serbia and Croatia last month.___last_img read more

Holmdel’s Day Of Its Own

first_imgBy Joseph SapiaHOLMDEL – As Mayor Eric Hinds walked around Cross Farm Park during Community Day, he observed the township does not have a downtown and “everybody has this thing with a garage-door opener.”Translated, townspeople drive into their garages, close the door and may not run into each other, because the township has no central gathering point. That is where the 25th annual Community Day – held Saturday, April 16, at Cross Farm Park – came into play.“People love to come out, get to see each other, get together,” Hinds said. “We have a great park, we just need an event to get them together.”So, there they were – townspeople, vendors, entertainment, children’s activities and food, along with the Holmdel Youth Athletic Association (HYAA) parade and sporting events. These two entities work together to run Community Day.“It’s a cooperative effort between the two organizations,” said Bob Ward, the director of the township Parks and Recreation Department.An estimated 2,600 people attended the event, according to Parks and Recreation.Steven DeJesus, 7, plays baseball through the HYAA and participated in the HYAA Opening Day Parade for its baseball and softball teams. He was there with his parents, Steven and Xiomara, and his brother, David, 3.“It’s a fun day, a fun time, sort of the beginning of spring and summer activities,” Xiomara DeJesus said.She said the family has attended every year since moving to Holmdel about three years ago.Holmdel Police were on hand, celebrating the department’s 50th anniversary. There, they unveiled a 1964 Ford Galaxy 500, restored as a police car – based on the police department’s first police car.“We’re here to support the community, meet the people,” said Police Chief John Mioduszewski.People can talk to officers about policing issues, Mioduszewski said. He said residents were leaving a lot of compliments, too.A student at Master Coyne Kumsung Martial Arts, Middletown, performs at Holmdel Community Day.“Everything’s nice, seems like a nice little park fair,” said Old Bridge’s Chris Danaher, whose son was refereeing a soccer game at the site. “Beautiful day, a good day for a fair.”The fair was held in sunny, breezy weather with temperatures in the 50- to 60-degree range.The Ayers-Pastena family were on hand, with Samantha Ayers, 7, a HYAA softball player participating in the parade. Her mom, Tammy Pastena, was enjoying a lemonade, while her dad, Michael Ayers, said the family was just out relaxing at Community Day.Another group on hand was the township Green Team, which works on environmental initiatives.“One of our recent successful projects, which we coordinate with other groups is Holmdel Community Garden,” said Sabrina Conlan, a Green Team member and co-chair of the garden.The Community Garden rents gardening plots to residents at the municipal complex. There, they grow vegetables and flowers, while encouraged not to use chemicals, in an area fenced to protect the crops from deerAt Community Day, the Green Team was educating the public against using one-time plastic water bottles and encouraging the use of re-usable cloth bags – or, at least, re-using plastic bags.“Americans use 100 billion plastic bags per year, most of which do not get recycled,” Conlan said. “(They) land up in our landfills and waterways.”A youngster hits the climbing wall at Holmdel Community Day.The township conducted a plastic foam recycling program Saturday and will do another one in October, according to Green Team members.While Community Day was in its 25th year, it was only a few years ago that they merged with the HYAA parade.“We’re coming together in all aspects of the town,” said Hinds, who complimented the township Board of Education, also, for being a partner in the community. “That’s what makes us work.”“It’s a true community event,” Ward said. “Holmdel’s a small town. We want to make sure we’re all working together, so we’re not competing with one another.”The HYAA handed out three awards Saturday: the Volunteer of the Year to Anthony Pesce, President’s Award to Joe Crowley and Lifetime Achievement to Joseph Ponisi, who is a Township Committee member.“All recognized for their years and hours of volunteerism,” Hinds said.last_img read more

B52s complete weekend sweep

first_imgThe Humboldt B52s came from behind to beat the visiting San Francisco Seals 16-8, completing a two-game series sweep of the Seals Saturday night at Bomber Field. The B52s trailed for the majority of the game after surrendering an early two-run lead in the third inning, not re-taking the lead until an explosive eighth inning when they scored nine runs.“I felt like we were in the game the whole time,” B52s manager Scott St. John said. “Our pitching did just enough and our hitting was much …last_img read more

Derek Carr’s woeful debut raises serious questions for Jon Gruden, the Raiders

first_imgClick HERE if you’re having trouble viewing the gallery on your mobile device.WATCH: Raiders quarterback Derek Carr on their loss to the Rams.OAKLAND — No, it wasn’t a true West Coast offense. It wasn’t a modern spread scheme either. What Jon Gruden debuted Monday night was something a bit different — a wonderful marriage between the two systems, created over the last nine years in a Tampa strip mall.Let’s call it the Spread Coast offense.And after nine months — or nine years, …last_img read more

Former Giants broadcaster Hank Greenwald dies

first_imgCLICK HERE if you are having a problem viewing the photos on a mobile deviceLongtime broadcaster Hank Greenwald, whose superb wit and captivating calls kept things entertaining during a rough era for the Giants, died Monday at 83.Known for his low-key humor and vivid accounts of the drama, Greenwald was a fan-favorite over two stints with the team — no matter the results on the field.“He may have been the greatest ‘bad team’ broadcaster of all-time,” said Ken Korach, the A’s radio man and …last_img read more

Data Storage is Facebook’s Next Initiative

first_imgHow Intelligent Data Addresses the Chasm in Cloud Serverless Backups: Viable Data Protection for … Tags:#cloud#cloud computing#Data Centers Related Posts Facebook will follow up on its Open Compute intiiatiive with a new initiative to improve its data storage.According to Fast Company, the emphasis on storage is needed due to the continued sheer volume of data that Facebook’s users are producing. Those hundreds of millions of users take a lot of pictures. They use Facebook to post their video. Facebook engineer Kannan Muthukkaruppan wrote last November that Its messaging infrastructure handles more than 350 million users sending 15 billion person-to-person messages per month. Its chat service supports more than 300 million users who send over 120 billion messages per month.Facebook’s Frank Frankovsky tells Fast Company it will focus on better efficiencies in the data center to handle this volume of data. That means better energy management and a resulting decrease in costs. That’s the same open approach as with Open Compute. Their goal is to spur innovation in its core business strengths.HBaseLast Fall, Facebook chose HBase, the Hadoop database over Cassandra and MySQL for its messaging infrastructure, According to Muthukkaruppan, the Facebook engineers found that MySQL could not handle the long tail of data very well. And Cassandra consistency model has proven to be a difficult pattern to reconcile for its new infrastructure. Muthukkaruppan writes that HBase scales better. it has better performance. And they like its feature set:HDFS, the underlying filesystem used by HBase, provides several nice features such as replication, end-to-end checksums, and automatic rebalancing. Additionally, our technical teams already had a lot of development and operational expertise in HDFS from data processing with Hadoop. Since we started working on HBase, we’ve been focused on committing our changes back to HBase itself and working closely with the community. The open source release of HBase is what we’re running today.Facebook’s messaging infrastructure gives some insights into the requirements needed to continue scaling Facebook’s data storage. It also shows what we should continue to see from Facebook as it strengthens its infrastructure to differentiate on the application layer.center_img Top Reasons to Go With Managed WordPress Hosting alex williams Cloud Hosting for WordPress: Why Everyone is Mo…last_img read more

A Look at The Masterclass Sound Editing of “A Quiet Place”

first_img“A Quiet Place” uses sound design and editing as powerful narrative elements. We took a closer look to see how it crafts this unique soundscape.From playing everyone’s favorite buddy in The Office to writing, directing, and starring in the recent hit indie horror film A Quiet Place, John Krasinski has achieved an inspiring career transition. And while the feature is a great example of genre filmmaking and suspenseful acting, it’s also a surprisingly excellent source of sound editing information and inspiration.So, based on the featurette above, let’s look at some masterclass lessons provided by Krasinski and the team behind A Quiet Place.There’s Always Some Sound“There’s always backgrounds on in a movie, always some sort of ambiance. From a room tone to outside to crickets to wind. And there’s two or three times in the movie where we turn it off completely.” —Producer Andrew FormOne of the first things you realize when you remove dialogue from a film is the power of sound and sound effects. There’s always something, as producer Andrew Form explains. However, once it’s highlighted, it becomes even more powerful when you remove what’s left.The Shades of Quiet“People might assume that a film that’s really quiet and has a lot of silence is a lot easier to do for sound designers than a big bombastic wall-to-wall extravaganza. And in fact the opposite is true, it’s just as hard to do a quiet film if not harder. Every little detail becomes a huge thing. —Supervising Sound Editor Erik AadahlThroughout the film (for those who have seen it, or are interested in seeing it), there is a richness to the sounds, and there are different levels of quiet. Krasinski’s sound team was one of the tops in the business, having worked on many of the Transformer movies and other Michael Bay films; however, they had to find new ways to create dynamics in their design.The Importance of Foley“The foley team, Foley One in Toronto, they did a fantastic job because this a really demanding movie to work on. All those little details are exposed. They’re going to hear every single footstep and it’s got to be just right.” Co-Supervising Sound Editor / Sound Designer Brandon JonesTo keep audiences on their toes, the small and detailed sounds become just as important as the visuals. Foley production (which you can read more about here) became a huge element in the final mix as every little nuance was part of the rising stakes and the film’s suspense.All images from A Quiet Place (Paramount Pictures).For more sound design and editing tips and tricks, check out some of these articles.Sound Editing vs. Sound Mixing: What’s the Difference?Improve Your Edits with Better Audio in Premiere ProOver 120 Free Sound Effects for Videos, Apps, Films, and GamesAudio Gear: 10 Super Cheap Accessories for Your Audio Kit5 Quick Tips: Mixing Audio for Film and Video Projectslast_img read more