Number of problem credit unions fall in Q1 2015; Assets and shares increase

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Keith LeggettThe National Credit Union Administration reported that the number of problem credit unions fell by 18 during the quarter to 258 credit unions at the end of the first quarter of 2015. There are 50 fewer problem credit unions compared to a year ago.A problem credit union has a CAMEL rating of 4 or 5.Problem credit unions held $10.3 billion in shares (deposits) and $11.6 billion in assets at the end of the first quarter of 2015. In comparison, shares and assets at problem credit unions were $10.2 billion and $11.5 billion at the end of 2014, respectively.Shares at problem credit unions equaled 1.14 percent of the industry’s insured shares and approximately 1 percent of the industry’s assets. continue reading »last_img read more


Disturbing Photo: Handcuffed Suspect Led Down Road by a Rope

first_imgGALVESTON, Texas — Police in Galveston, Texas, are apologizing for the treatment of a trespassing suspect during a weekend arrest.Donald Neely was led through the streets with a line attached to his handcuffs by officers on horseback.Images show two horse-mounted officers leading Neely down the street using what appears to be a rope attached to his handcuffs.Attorney Melissa Morris represents the Neely family and says she’s appalled.“I think the way they handled him was disgusting,” Morris said.She says Neely was diagnosed as bi-polar about ten years ago.Police Chief Vernon Hale issued a statement apologizing, calling the treatment an “unnecessary embarrassment.”Chief Hale says he must apologize to Neely in person adding the officers should have waited for a vehicle to transport the suspect who is now off the streets and at home with his daughters.The two officers involved in this arrest will not face discipline.last_img read more


USG announces candidates for 2019 election

first_imgRosenthal, Robertson and Kuffour; Ritch and Garcia; Lind and Schwessinger; Savage, Fowler and Anderson; Garland and Khoshniyati; Donahue and McMorran; and Chuang and Johnson are running on joint platforms. After having met through USG Senate and working together on projects like the USG Diversity Fund, Murphy said they have developed a strong collaborative dynamic. The pair plans to continue The New York Times subscription program for students, expand access to scholarships and advocate for diversity in the general admission process. Senators Michaela Murphy and Meagan Lane are running for president and vice president, respectively. Their platform focuses on greater campus sustainability and the expansion of community gardens, as well as improving student health conditions and suggesting that the University offer free menstrual products in all campus restrooms. The Undergraduate Student Government announced candidates for the 2019-20 academic year on Instagram and the USG website on Monday. A single presidential ticket was announced along with 20 senatorial candidates. “Something that was really important for myself and Meagan was running a campaign that was based on integrity and growth,” Murphy said. “We had really ample opportunity to see the places where this campus failed to meet the needs of different students and marginalized communities.” Of the candidates running for the 12 open senator positions, Gabriel Savage is the only incumbent. Other candidates include Julian Kuffour, Hailey Robertson, Ben Rosenthal, Laura Pearson, Sarah Ritch, Omar Garcia, Jacob Lind, Jacob Schwessinger, Andrew Fowler, Randi Anderson, Haley Garland, Sara Khoshniyati, Quinn Cunniff, Benjamin Shiff, Christopher Pack, Emily Donahue, Christopher McMorran, Angela Chuang and Emily Johnson. “There’s no other person that I can imagine managing to keep me sane during the election,” Murphy said. “I’m so proud to know her and have her as a friend.”last_img read more


Gallery: The Rise and Fall of Apartheid

first_imgCompiled by Lucille DavieThe Rise and Fall of Apartheid, a massive exhibition of 700 historic photos capturing the harsh realities and eventual downfall of apartheid, will open on 13 February at Museum Africa in Johannesburg. View a selection of images from the exhibit, a “rich tapestry of materials that have rarely been shown together”, on display in South Africa after a run in New York, Munich and Milan.Gille de Vlieg. The street outside a meeting held to call on the apartheid regime to stop harassing Winnie Mandela. Johannesburg Centre, February 14, 1986. (Image: © Gille de Vlieg).Graeme Williams. Right-wing groups gather in Pretoria’s Church Square to voice their anger at the FW de Klerk government’s attempts to transform the country, 1990. (Image: © Graeme Williams)Cedric Nunn. A mother mourns the death of her son, a supporter of the United Democratic Front, in the Natal War, Mphaphameni, KwaZulu-Natal, 1987. (Image: © Cedric Nunn)Greg Marinovich. Migrant worker hostel in Thokoza township. Inkatha Freedom Party hostel residents controlled the townships around Johannesburg. Thousands of people, civilians and combatants died in the so-called Hostel Wars, 1993. (Image: © Greg Marinovich)Lesley Lawson. Mam Lydia in her room, bottom road, Langlaagte Deep Village, Crown Mines, 1982. (Image: © Lesley Lawson)Peter Magubane. Sharpeville Funeral: More than 5 000 people were at the graveyard, May 1960. (Image: Baileys African History Archive)last_img read more


Pacquiao punishes spar mates

first_imgHeart Evangelista admits she’s pregnant… with chicken View comments “Binugbog. Binira na (They were roughed up),” was how training assistant Jonathan Peñalosa described Pacquiao’s eight-round display of speed and power.Fact is, Young’s legs wobbled when Pacquiao landed a left straight in the third round, while Kambosos’ face turned reddish due to a flurry of jabs.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutAncajas readyLike Pacquiao, Jerwin Ancajas declared himself ready to stake his International Boxing Federation super flyweight belt against Teiru Kinoshita of Japan. Don’t miss out on the latest news and information. Manny Pacquiao unloaded hard punches against George Kambosos and Adrian Young on Monday, leaving his spar mates battered and bruised.His training team was delighted, of course, especially chief trainer Freddie Roach, who decided to scrap a planned sparring session in Brisbane, where Pacquiao will dangle his World Boxing Organization welterweight crown against Australian Jeff Horn on July 2.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next LATEST STORIES Jordan delivers on promise: 2 Cobra choppers now in PH WATCH: Firefighters rescue baby seal found in parking garage Lacson: SEA Games fund put in foundation like ‘Napoles case’center_img World’s 50 Best Restaurants launches new drinking and dining guide MOST READ Heart Evangelista admits she’s pregnant… with chicken The road back to volleyball glory What ‘missteps’? Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games 1 dead in Cavite blast, fire According to Joven Jimenez, Ancajas’ trainer/manager, the 25-year-old- pride of Panabo, Davao del Norte, is 95 percent in shape for the chief support of the Pacquiao-Horn tussle to be aired live by ESPN.Ancajas has sparred more than a 100 rounds for the second defense of the crown he won with a unanimous decision over McJoe Arroyo of Puerto Rico last year.At the moment, Ancajas is still six pounds over the 115-lb limit, although he doesn’t see any problem making the weight.ADVERTISEMENTlast_img read more