ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In a recent CU Times article, it was reported that 31 credit unions topped the $1 billion mark in Q3 2014 mortgage lending efforts. A pleasant surprise to many — perhaps not these 31 CUs, however — as many folks felt 2014 was a semi-flat year for mortgage lending. So why did these credit unions excel late last year and what can other credit unions stuck in the mortgage lending mud do to spark their home loan activity? Find out in this informative discussion with Sageworks Risk Management Consultant Aaron Lenhart. Check it out! continue reading »
Data Access – The first step in an analytics strategy is simply getting access to the data necessary for analytics. Although this may seem like a fairly easy task, credit unions may find it difficult to get access to the data they are looking for. It may be due to the level of skill needed to the extract the data or due to a vendor’s unwillingness to provide the data. Whatever the challenge might be, data access is an extremely important task in becoming analytically proficient and will need to be tackled right away.Data Management – Data management may be the most difficult step in the process of becoming analytically-driven credit union. It is also the most important step. The data management step typically involves a data warehouse or data model. The data model is the foundation of all of the following steps: Reporting, Forecasting, Predictive Modeling, and Optimization. Without a solid data infrastructure, analytics is incredibly difficult (near impossible). The data model is the “middleware” that drives all of the analytics. Although it may not always be visible to the end users, it is definitely the most important part of part of data analytics, just as an engine on a car is the most important part of driving the car.Reporting – Reporting, also known as descriptive analytics, is the most simplistic form of analytics a credit union (or any organization) can utilize. While reporting is possible with tools such as MS Excel, it becomes increasingly difficult as multiple data sources and volumes are introduced. Performing trending analysis, from multiple different source systems requires a data warehouse and, more than likely, a more advanced data visualization tool (e.g. Tableau) that can handle larger data sets than MS Excel.Forecasting – Forecasting is the process of making predictions of the future based on past and present data and analysis of trends. It allows credit union employees to make data-driven decisions that reflect the predictions of the future and ask “what if” questions. With the ability to more accurately forecast and run various scenarios, credit unions will be able to better serve their members and improve business processes by allowing them to tailor their daily activities to the organizational goals. Data visualization tools (i.e. Tableau) allow credit unions to run many different scenarios and the resulting decisions they could make to prepare for the future. The power to forecast the future through data analytics empowers credit unions to stay ahead of the ever-changing financial services industry.Predictive Modeling – The ability to predict the future is one step ahead of forecasting. Instead of running a scenario such as “what if our net interest margin increased by X%,” predictive modeling allows the credit unions to actually increase their net interest margin intelligently. The credit union can look back at years of history and predict future risk of their current loan portfolio and a member’s likelihood to default in addition to what they already know using FICO. Storing historical data is much more complex than simply collecting files and storing them away. The data must be gathered in a manner that prepares it for prediction of the future. Big data tools (i.e. Hadoop) and other relational database tools (i.e. SQL Server) must rally around a predictive model to bring predictive analytics and automated decisions to credit union leaders.Optimization – In order to optimize data, credit unions must invest first in a data model and their predictive models. Once the data model is established and has a wide range of data (along with a lot of history), credit unions will be able to optimize their data. Using optimization tools such as Hadoop will be necessary once the infrastructure is in place. As decisions are made around the predictive analytics, patters will emerge and the tool will be able to recognize them (machine learning). As the tool “studies” the history of trends and patters found in the predictive data model, it will optimize decisions based on previous results. For example, if a marketing campaign targeted at certain members produces a new set of data, the tool will bring this data into the data model and optimize the predictions it interprets from the data.In conclusion, Analytics is a journey. It requires several processes and ordered steps that cannot be skipped. It is often thought that the better the “tool” you have, the better you analytics will be. While this is true, there needs to be an order in which these various tools are rolled out. Data infrastructure or data model is the most important step but is often overlooked because it is middleware. Without it, tools such as Tableau and Hadoop are cannot assist in the part of enterprise data analytics.Credit unions must use their data to remain relevant in the ever-changing and extremely competitive financial services industry but they must do it right. Jumping into a data visualization or “big data” tool (e.g. Hadoop) without establishing the underlying data infrastructure first can result in a failed analytics program with several unnecessary expenses. Credit unions must first get access to their data and then begin developing the data infrastructure necessary for analytics. Once this is done, credit unions can start exploring more advanced tools (e.g. Tableau and Hadoop). 201SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Austin Wentzlaff Austin J. Wentzlaff joined OnApproach in 2013 as a Business Development Analyst and is now currently Director of Business Development. He is responsible for developing marketing strategies, driving prospects to … Web: www.onapproach.net Details A common misunderstanding with data analytics is how and when the various “tools” are used. Many think that a great data visualization tool (e.g. Tableau) will solve all of an organization’s problems. Often overlooked, however, are the many steps it takes for an organization to get from data ground zero to becoming completely analytically proficient. When it comes to data management and analytics, the order in which you introduce new tools is extremely important. In order to make each step up the analytics curve effective as the last, credit unions must consider the following steps: read more
ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr This is the seventh of a series on our blog highlighting the twelve major development issues. In case you missed it, last month we discussed health, which can be found here. This month we are focusing on women in development.Nineteen years ago last month, I traveled to the Philippines to help strengthen Mindanao credit unions and to start a village bank program designed to provide access to financial services to the poorest women across the island of Mindanao. I realized then that women were not equal in earnings and even in the most basic human rights in many developing countries. Almost twenty years later, the inequities still exist – in the Philippines, in Afghanistan, in Kenya and in America.When it comes to the facts about women’s lives, we don’t need to focus on women’s issues, do we? Nowadays, women and men are treated the same, right? Isn’t the gender gap a myth? Don’t women have equal rights already — just like men? Aren’t we guaranteed equal rights in the Constitution? The answer to every single question above is ‘no.’ – Linda Lowen, Women’s Issues ExpertAs the following facts about women reveal, women’s issues continue to matter because a huge gender gap exists in the U.S. Despite what many may think, we do not lead the world in gender equity for women. In fact, we’re not even in the top ten. continue reading » read more
When Nikki immediately replied, “No,” Brie said, “I would let you breast-feed my baby.” In turn, Nikki made a shocked face while cradling her baby bump.Nikki gave birth to her and Artem Chigvintsev’s son, Matteo, now 3 months, in July. When Brie and her husband, Daniel Bryan, welcomed Buddy the following day, Nikki tweeted, “How about that tag team! I can’t believe Brie and I had boys less than 24 hours apart! Honestly only us! Lol. And that I beat her. As you can imagine everyone said it was my baby and mines competitive side that kicked in! I can’t wait for our Bellas Boys to grow up together!”- Advertisement – The newborns already have a sweet bond, Brie revealed in an October Total Bellas episode. “[Buddy] calms Matteo,” she explained. “Obviously, I do call them spiritual twins, but it’s like they’re legit siblings. It’s like they’re used to each other.”The comment came one month after the “Total Bellas Podcast” cohosts posted pictures of Matteo and Buddy side by side. WWE wrestler Paige commented on the social media upload that the little ones “look like twins.”Listen to Us Weekly’s Hot Hollywood as each week the editors of Us break down the hottest entertainment news stories! She went on to call Matteo a “truly incredible addition” to her family and praised Chigvintsev’s fatherhood skills.“Our baby boy is so lucky. I didn’t think I could love him even more, but goodness I fell more in love with him the past few days,” Nikki wrote of the Dancing With the Stars pro, 38. “I feel so blessed.”As for Brie, who also shares daughter Birdie, 3, with Bryan, 39, the former professional wrestler felt like a “human milk truck” in August. “Infant life,” she captioned an Instagram Story photo of Buddy breast-feeding.- Advertisement – Not on the same page! Brie Bella and Nikki Bella may have welcomed their baby boys less than 24 hours apart, but the twin reality stars don’t always agree on how to raise them.“Would you ever let me breast-feed Matteo?” Brie, 36, asked her then-pregnant Total Bellas costar in the E! Show’s Thursday, November 5, trailer.Nikki Bella and Brie Bella on ‘Total Bellas’. YouTube (2)- Advertisement – – Advertisement – read more
Lancashire County Pension Fund, Irish Pensions Council, DIF, Insight Investment, Société Générale Securities ServicesLancashire County Pension Fund – George Graham, Trevor Castledine and Andrew Fox have all been promoted following an internal re-organisation that sees the local authority fund established as a standalone entity, separate from the council. Graham has been named the LCPF’s director, having previously served as Lancashire Council’s deputy treasurer, while Castledine has been promoted from portfolio manager to deputy CIO under CIO Mike Jensen. Fox has been named head of policy and compliance, a shift from his previous focus purely on investment compliance matters.Irish Pensions Council – The Irish government has named six further members of the council set up to advise on pension regulation. Jim Murray, a former director of the European Consumers Organisation, has been confirmed as chair and will be joined by Roma Burke, partner at LCP Ireland, and Kirstie Flynn, director at Trustee Principles. Sandra Rockett, director of business development at Irish Life Investment Managers, actuaries Tony Gilhawley and Shane Whelan and journalists Sinead Ryan and Brendan Keenan will also sit on the council.DIF – Fernando Moreno has joined the infrastructure manager as managing director and head of Spain. Moreno has previously worked at Globalvia Inversiones and for construction group Sacyr. Insight Investment – Shankar Athreya has been named head of farmland investments, joining after a decade at Singapore-based Olam International Development. Athreya will be based in London and report to Reza Vishkai, Insight’s head of agriculture.Société Générale Securities Services – Florence Cuenet-Soulier has been named client solutions manager for buy-side clients. Cuenet-Soulier, who previously worked in a similar role within the firm’s London hedge fund team, will report to Bertrand Blanchard, UK country manager. read more
77 Skyline Tce, Burleigh Heads.“We would always be looking for our daughter because the house is so big, and one day we couldn’t find her until she poked her head out from underneath the chair.”More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe single-level house is on an elevated north-facing block, a prime position to watch the fireworks towards Surfers Paradise on New Year’s Eve, according to Mr Wells.“You could sit out on the back veranda and look at the view of the Gold Coast all day,” he said.“At night time it’s really pretty with all the lights and on New Year’s Eve, you can see eight sets of fireworks.“I’m going to take a photo (of the view) and put it on my wall at our new home.”The home has multiple living areas across its 627sq m of under-roof living. 77 Skyline Tce, Burleigh Heads. 77 Skyline Tce, Burleigh Heads.AFTER making memories in his 77 Skyline Tce house at Burleigh Heads for eight years, Damen Wells and his wife Shannon have now listed it for sale.Mr Wells said his recollections of living there were full of memories of their three children.“Memories that come to mind are raising the kids and the little things they got up to,” Mr Wells said.“I’ve got a funky chair that was my grandfather’s and it has a velvet skirt. 77 Skyline Tce, Burleigh Heads.It has an open-plan kitchen and family room, formal living and dining rooms, and a games room with a wet bar and its own powder room.There are four bedrooms, the main of which has an ensuite and dressing room, and the second also with an ensuite and a walk-in wardrobe.There is also a third bathroom, laundry and a triple lockup garage.It also has 11 CCTV cameras, a video intercom linked from the gatehouse to the front door, a Vacu-Maid as well as solar and electric hot water.It will go to auction at the Currumbin RSL on September 5. 77 Skyline Tce, Burleigh Heads. 77 Skyline Tce, Burleigh Heads. read more
Stuff co.nz 12 September 2018Family First Comment: Who’s the boss? God or the state? Family First, in its defence of the natural family, declares that there is an authority above the state. Which is no more than what the natural family claims in practice. As the primary institution of civil society it has its own limited area of authority into which the state should not intrude. It keeps an over-reaching state under control. Once the family is redefined by the state the game changes and citizen freedom is dramatically undermined. Hate-speech law will become normative, evolving and unstoppable. The Marxist doctrine emerges from the shadows; “It is not the consciousness of men that determines their existence, but their social existence that determines their consciousness”OPINION: We’ve been at war over marriage and family for some time. Are we approaching the last battle?In a High Court judgment on Family First’s charitable status, Justice Simon France declared that Family First’s promotion of the “traditional family cannot be shown to be in the public benefit”. This decision is the opposite of the same court’s judgment in 2015.The Family First model runs counter to human rights law, says Justice France. So what has happened?Human rights were originally conceived to protect people from an oppressive state. Their purpose was to prevent arbitrary arrest and detention, torture, and censorship, by placing restraints on government. The state’s responsibility to protect these “negative rights” was assumed, since they required only that people be protected from over-reaching state power. They were the consequence of the belief that human dignity found its genesis in our creation by God and not in the state.The Magna Carta is helpful. For example, the idea of a just and reasonable tax was only possible if the king could be called to account by a higher law. It was the state’s legal function to understand that higher law and give it positive expression. Law was discovered, not invented.Modern human rights are about entitlement manipulated by the ideology of equality, diversity and the new affirming tolerance. Increasing positive rights law allows the unimpeded state to decide what we are entitled to and what we are not. Consequently, we are in the middle of a spiritual and culture war over the control of the private and public conscience. Human rights have become a weapon to normalise social justice values of identity politics and to delegitimise traditional belief.These new rights limit our long-standing freedoms.We used to believe that human beings had inalienable rights. For example, a man and a woman have a right to marry, start and educate a family; not because the state or the church says so, but because they possess the unique dignity of male and female. Until recently nearly everyone believed that.However, with the increasing imposition of group equality, same-sex marriage for example, and most recently transgender rights, it doesn’t matter what people might have believed about marriage or individual rights. Marriage is now what the state says it is. The state has become a surrogate deity turning its own positive law into an absolute which determines the constitution of family.Who’s the boss? God or the state? Family First, in its defence of the natural family, declares that there is an authority above the state. Which is no more than what the natural family claims in practice. As the primary institution of civil society it has its own limited area of authority into which the state should not intrude. It keeps an over-reaching state under control.Once the family is redefined by the state the game changes and citizen freedom is dramatically undermined. Hate-speech law will become normative, evolving and unstoppable. The Marxist doctrine emerges from the shadows; “It is not the consciousness of men that determines their existence, but their social existence that determines their consciousness”We’re told we are a secular society. Just what that might mean is difficult to ascertain, but one thing a secular society does not have is a new moral vision. At best all it can do is to distort the old narrative by emphasising one traditional virtue above the rest; tolerance at the expense of truth or courage, for example.Human Rights, disconnected from their roots, have become parasitic. They chomp through the old notion of freedom and virtue, proclaiming their dismemberment will nourish the utopia the progressives keep promising us.https://www.stuff.co.nz/life-style/parenting/106936533/new-social-justice-rights-limit-longstanding-freedomsKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox. read more
ORVC Weekly Report Summary (August 24 – August 29).Players of the Week.Volleyball: Brittney Ralston-SouthwesternGirls Cross Country: Megan Cole-South RipleyBoys Cross Country: Zach Martini-Rising SunGirls Golf: Megan Hensler-Shawe MemorialBoys Soccer: Maverick Dwenger-Jac-Cen-DelGirls Soccer: Taylor Jordan-Switzerland CountyORVC Report (August 24-August 29)Courtesy of ORVC Recorder Travis Calvert.
The Jac-Cen-Del Junior High Cross Country teams hosted a three way meet with Sunman Dearborn and Milan last night (Thursday, 8/17).The JCD girls’ team finished second. Cloey Simon (JCD) was the individual winner of the girls’ race. The JCD boys’ team was incomplete but Kameron Darnold (JCD) was the individual winner of the boys’ race.JCD, Milan, & SD CC (8-17)Courtesy of Eagles Coach Steve Narwold.
A son of Kentucky Derby hero Big Brown, Darwin looked smart when winning a three-runner race on his Irish debut last month and confirmed that promise with victory in this Grade Three event. Joseph O’Brien got the 8-11 favourite organised two and a half furlongs out as he reeled in leader Leitir Mor and began to hit full stride shortly afterwards. Aidan O’Brien completed a Curragh treble with a most impressive success for American import Darwin in the Invesco Pension Consultants Minstrel Stakes. Gordon Lord Byron, a Group One winner in his own right, tried to throw down a challenge, but Darwin looked better the further he went and had a comfortable length and three-quarters in hand. O’Brien, who had already won with Wilshire Boulevard and Australia, said: “We’re delighted with that. He came to us with a massive reputation and you can see why. He’s an unbelievable cruiser and Joseph said he felt like they were hacking. “When he asked him to quicken, Joseph said he quickened and the race was over and when he went to the front he was very idle. He obviously gives Joseph a very good feel. “He’s not short of pace, but you’d think he’d get a mile well anyway. When he won his maiden Todd Pletcher was jumping around the place about him and you can see why he was. He was doing the times in America as well. “He only won a conditions race a few weeks ago and is still a baby. We were very lucky to get him and he’s something to look forward to. He has plenty of options and he could go to Deauville.” Press Association read more