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Corporate CUs proposal includes NAFCU-sought changes

first_imgThe NCUA Board Thursday proposed a rule to amend the agency’s corporate credit union rules, which includes some NAFCU-sought changes. In addition, the board finalized the interagency policy statement on the current expected credit loss (CECL) standard, received briefings on the National Credit Union Share Insurance Fund (NCUSIF) and credit union mortgage rates, and briefly discussed the agency’s selling of the majority of its taxi medallion loan portfolio.The agency Wednesday evening announced the sale of the majority of its taxi medallion loan portfolio to Marblegate Asset Management LLC and released an FAQ. NAFCU had urged the NCUA to do whatever was necessary to obtain fair pricing, which was integral to both the health of the NCUSIF and the impact on the value of taxi medallion loans still held at some credit unions. NAFCU will evaluate NCUA’s actions to see if these two goals have been achieved.Proposed rule on corporate credit unionsThe proposal to amend Part 704 would make four notable changes:permit a corporate credit union to make a noncontrolling, de minimis investment in a natural person CUSO without the CUSO being classified as a corporate CUSO; continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more


Israel’s health minister diagnosed with coronavirus

first_imgLitzman heads an ultra-Orthodox Jewish party, and has appealed to his community to obey health ministry curbs after some rabbis and members cast doubt on the virus risk and chafed against stay-at-home orders.Israeli officials describe the ultra-Orthodox as especially prone to contagion because their districts tend to be poor and congested.Netanyahu announced new curbs on Wednesday to deter movement around Bnai Brak, an ultra-Orthodox Jewish town that has suffered a disproportionately large outbreak.”The public now has to listen to the health ministry,” Litzman said in an interview published on Tuesday in the Yedioth Ahronot newspaper.”I proposed to the prime minister and interior minister today to put Bnei Brak on lockdown,” he added. “The situation there is horrible. Every day we stall, we put lives at risk.” Litzman and his wife feel well, the ministry said in a statement.”(An) epidemiological investigation will be carried out, and isolation requests will be sent to those who have come into contact with (him) and his wife in the past two weeks.”Netanyahu tested negative for the virus on Monday after a parliamentary aide was confirmed to have it. The right-wing premier, 70, was in self-isolation until late on Wednesday, but it was not immediately clear if he had any contact with Litzman.Israel has reported at least 25 deaths and more than 6,000 infections. Tight curbs have largely confined Israelis to their homes, forcing businesses to close and causing unemployment to skyrocket to more than 24%. Israel’s health minister and his wife were diagnosed with coronavirus and are in isolation following guidelines, the health ministry said on Thursday.Yaakov Litzman, 71, an ally of Israeli Prime Minister Benjamin Netanyahu, has appeared regularly alongside the premier to provide updates on the spread of the pandemic and new measures to combat it.But Litzman has scaled back public appearances in recent weeks and the ministry’s director-general has held daily briefings instead.center_img Topics :last_img read more


Balotelli praised for reacting to racist Italy fans’ banner

first_imgLATEST STORIES The slogan “My captain is of Italian blood” in Italian was draped on a pitch-side wall during Italy’s 2-1 win over Saudi Arabia on Tuesday in Switzerland.Balotelli scored the opening goal with a powerful shot in his first national-team game since the 2014 World Cup.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownOn his Instagram account, Balotelli posted an image of the banner, adding his own message: “We are in 2018 guys. Wake up!”Fare, which stood for “Football Against Racism in Europe,” is now a global organization. It has long worked with UEFA, and will help FIFA monitor discrimination at World Cup games in Russia. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Jury of 7 men, 5 women selected for Weinstein rape trial PH teams compete in 9th Hong Kong Dragon Boat Festival In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Dave Chappelle donates P1 million to Taal relief operations Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Nadine Lustre’s phone stolen in Brazil China population now over 1.4 billion as birthrate fallscenter_img Steam emission over Taal’s main crater ‘steady’ for past 24 hours MOST READ Winfrey details her decision to withdraw from Simmons film Volcano watch: Island fissures steaming, lake water receding Italy’s Mario Balotelli looks on prior to the start of the friendly soccer match between Saudi Arabia and Italy, at Kybunpark Stadium, in St. Gallen, Switzerland, Monday, May 28, 2018. (Gian Ehrenzeller/ Keystone via AP)ST. GALLEN, Switzerland — Mario Balotelli has been praised by anti-racism campaigners for highlighting an offensive banner displayed by fans at his comeback game for Italy.Anti-discrimination group Fare wrote on Twitter: “Well done to Mario Balotelli. standing up to racism in Italian football once again.”ADVERTISEMENT View comments Sports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. last_img read more


Prep extra

first_imgRANDOM NUMBERS 8-30 Nearly 25 percent of the balls caught by two-way starter Scott Stephens have been thrown by opposing quarterbacks this season. The speedy St. Francis of La Canada Flintridge senior has an area-best 8 interceptions and 30 receptions, leading the Golden Knights to a 6-0 start, a No. 6 Daily News ranking and a share of the Mission League lead with top-ranked Notre Dame of Sherman Oaks. THEY SAID IT Football, Friday, 7 p.m. The vitals: No. 6 Birmingham of Lake Balboa (2-4), the defending City Section champion, faces No. 3 Taft of Woodland Hills in West Valley League title-decider. Today 18 Foothill League tournament at Vista Valencia Golf Club Girls’ golf, 1:30 p.m. The vitals: No. 3 Hart (22-4) holds a one-point lead over top-ranked Valencia (21-2) with two league tournaments remaining. Wednesday 19 Calabasas at Peninsula Girls’ tennis, 2 p.m. The vitals: Calabasas, top-ranked in Southern Section Division I, faces No. 2 Peninsula in a rematch of 2004 section final, which Calabasas won 78-62 on points after a 9-9 tie. Thursday 20 La Reina at Oak Park Girls’ volleyball, 5 p.m. The vitals: After missing the playoffs last season, Oak Park could end La Reina of Thousand Oaks’ streak of 13 consecutive Tri-Valley League titles. The Eagles gained the upper hand in this year’s race by defeating La Reina in five games in the league opener. Friday 21 Royal at Newbury Park Football, 7 p.m. The vitals: No. 7 Moorpark (4-2) takes on No. 8 Newbury Park in a battle of Marmonte League co-leaders. Saturday 22 Mt. SAC Invitational at Mt. San Antonio College, Walnut Cross country, 9:15 a.m. The vitals: More than 16,000 prep runners will compete in the sport’s premier invitational, held on the course that will be used for the Southern Section prelims and finals. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “The whole team played great. They did everything else, and then I get to step in at the end and get all the glory. If that ball hit me in the hands, I wasn’t going to drop it for anything in the world.” – Newbury Park receiver Travis Dickey on his game-winning catch on a 2-point conversion in the Panthers’ 36-35 overtime victory over Simi Valley. TRIVIA QUESTION center_img Oaks Christian plays at Malibu in an important Frontier League boys water polo game Wednesday at 3:15 p.m. When was defending league champion Malibu’s last league loss? TRIVIA ANSWER Never. The Sharks have won every Frontier League game they’ve played. DAY PLANNER This week’s must see Birmingham at Taft last_img read more


Hydro crews work around the clock to restore power to British Columbians

first_imgVANCOUVER — Tens of thousands of people remain without power two days after a powerful windstorm swept across southwestern British Columbia.BC Hydro says 800 field personnel are working around the clock to repair extensive damage to its infrastructure after one of the most severe windstorm the region has seen in 20 years.Power has been restored to more than 530,000 customers but about 66,000 across the Lower Mainland, Fraser Valley, Vancouver Island and Gulf Islands still didn’t have electricity on Saturday morning.The utility says restoring power to the remaining customers continues to be challenging and many require individual repairs, including restringing hundreds of spans of power lines and replacing power poles and transformers.Thursday’s storm left a path of destruction, killing one woman when a tree fell on her tent in Duncan, and causing Nanaimo’s water treatment plant to break down and part of White Rock’s beloved pier to collapse.Environment Canada issued a wind warning for much of the B.C. coast and Vancouver Island Saturday, forecasting winds up to 90 kilometres per hour.The Canadian Presslast_img read more