NAFCU witness: Reg burden is credit unions’ top challenge

Posted On Dec 18 2020 by

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NAFCU witness Peggy Bosma-LaMascus, president and CEO of Patriot Federal Credit Union in Chambersburg, Pa., will deliver NAFCU’s message that credit unions need substantial regulatory relief during a hearing this morning by the House Financial Services Committee.Bosma-LaMascus will testify before the panel alongside other financial industry witnesses in a hearing titled “Preserving Consumer Choice and Financial Independence” and focused especially on rising compliance costs under the Dodd-Frank Act.Today’s hearing will be the second in two months in which NAFCU has urged lawmakers to address onerous constraints of current rules and take action to reduce the proliferation of new ones.Bosma-LaMascus will emphasize that credit unions have a long history of helping the economy grow, even during the recent financial crisis, yet they remain highly regulated and are restricted in their ability to provide services and build capital. She will push the provisions of NAFCU’s five-point plan for credit union regulatory relief to address this. continue reading »last_img read more


India to lift travel advisory on Kashmir

Posted On Sep 25 2020 by

first_imgSRINAGAR – India will lift a traveladvisory on the disputed region of Kashmir, authorities said, two months afterthe government launched a security crackdown before removing the state’sspecial status. Prime Minister Narendra Modi’sgovernment said scrapping the state’s special status was necessary to integrateit fully into the rest of India and spur development.(Reuters) Thousands of Indian tourists, pilgrimsand workers fled the Muslim-majority state in early August after authoritiesissued a security alert over possible militant attacks by Pakistan-backedgroups, assertions rejected by Islamabad.  The travel advisory issued on Aug. 2will be lifted from Thursday, the government of Jammu and Kashmir said onMonday. center_img Kashmir is divided between India andPakistan, and both claim the territory in full. Over 40,000 people have beenkilled in an insurgency in the Indian part of Kashmir since 1989. A security force officer stands guard in front of closed shops during restrictions following scrapping of the special constitutional status for Kashmir in Srinagar, India on Sept. 10. REUTERS/DANISH ISMAILlast_img read more


Thursday January 9th Local Sports

Posted On Aug 13 2020 by

first_imgTONIGHT:AM-1300 KGLO — Iowa women vs. Maryland — 6:45 AMES, Iowa (AP) – Devon Dotson had 20 points and six assists, David McCormack added 16 points and seven rebounds, and No. 3 Kansas routed Iowa State 79-53 on Wednesday night.The Jayhawks (12-2, 2-0 Big 12) closed the first half with a 21-3 run to take a 20-point lead. Kansas shot 52% from the field while limiting the Cyclones (7-7, 0-2) to 34%.Ochai Agbaji added 16 points for the Jayhawks. They handed Iowa State its most-lopsided loss in the series since an 89-66 setback Feb. 12, 2011, in Lawrence.The Jayhawks made 10 of 19 3-pointers, with Agbaji hitting 4 of 5.Kansas held star Iowa State guard Tyrese Haliburton to five points – 12 below his average. Rasir Bolton led the Cyclones with 12 points. IOWA CITY — The Iowa Hawkeye women have two ranked foes at home this week beginning with tonight’s game against 16th ranked Maryland. Iowa coach Lisa Bluder calls it an opportunity for her team.Bluder expects the Terrapins to be ready to play.You can hear the Iowa-Maryland game tonight on AM-1300 KGLO starting with the pre-game at about 6:45. MASON CITY — The NIACC basketball teams swept Little Priest Tribal College in Iowa Community College Athletic Conference basketball play last night, as you heard on AM-1300 KGLO and kgloam.com:== Sophomore Autam Mendez scored 26 points with 15 rebounds, eight assists and five steals to lead 6th-ranked NIACC to a 112-35 win over Little Priest. Mendez was 8 of 22 from the field, including five 3-point goals. She was also 5 of 5 from the free-throw line. It was Mendez’s third double-double of season and 11th of her career. Also for the Lady Trojans, Allie Negen scored 20 points, Sierra Morrow scored 18 points, Sydney Wetlaufer scored 14 points and Shinaana Secody scored 12 points.== Wendell Matthews scored 26 points and grabbed 11 rebounds to lift the 4th-ranked NIACC men to a 111-72 victory over Little Priest. It was Matthew’s sixth double-double of the season and 14th of his career. Matthews was 10 of 13 from the field and 6 of 9 from the free-throw line. The Trojans also received double-doubles from sophomore point guard Quentin Hardrict and sophomore forward Chandler Dean. Hardrict scored 17 points and dished out a season-high 11 assists. It was Hardrict’s first double-double of the season and fifth of his career. Dean scored 12 points and grabbed 12 rebounds. It was Dean’s first career double-double.Both NIACC teams travel to DMACC on Saturday. You can hear the doubleheader starting at 1 o’clock on KGLO and kgloam.com MASON CITY —The NIACC wrestling team remains ranked second in the third NJCAA wrestling rankings of the season. The Trojans have held down the #2 spot in each of the rankings so far this year, with Western Wyoming being top-ranked. North Idaho is third, Iowa Western is fourth, followed by Clackamas College of Oregon. From the Iowa Community College Athletic Conference, Ellsworth and Iowa Central are tied for ninth while Iowa Lakes is ranked 20th. NIACC has seven wrestlers ranked:133 — Brock Luthens, 2nd141 — Hunter Luke, 2nd149 — Tony Mendoza, 2nd157 — Kendall Sandifer, 6th165 — Christian Minto, 4th197 — Holt Truax, 9th285 — Zach Santee, 2ndNIACC wrestles at the Central College Invitational on Saturday in Pella.last_img read more