Shifting from financial institution to financial health provider, in a crisis and beyond

first_img 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Brenton Peck Brenton Peck is a Director on the program team at the Financial Health Network, where he helps organizations structure and execute projects that improve the financial health of their business … Web: Details Like many of us under “stay-at-home” or “shelter-in-place” orders, my professional and personal life now relies on Zoom. Clients and colleagues have quickly defaulted to video conferencing, virtual playdates have become a thing, and trying to read my friends’ bluff attempts on-screen while playing poker is the new normal.In fact, I look forward to these bi-weekly poker nights with a rotating group of friends including a lawyer, failed bond trader, and former CFO. They all have stable jobs (at least for now) and enough pocket change for poker night. While we play, the conversation consistently turns to the current events and the markets – and the group often discusses the adage “buy on the way down”. It’s worthwhile advice if you’re fortunate enough to be in a position to act, but the stark reality is that most people in America are not.The Vast Majority are Struggling The COVID-19 crisis exacerbated the financial health needs of the majority. Before the pandemic, during a booming economic period, our organization found that only 29% of the U.S. population was financially healthy. While the data shows that income is correlated to overall financial health, nearly 50% of those making more than $100,000 per year were already struggling. With so many people trying to get by, how are individuals and families going to spend, save, borrow, and plan in ways that improve their chances of long-term financial success in the current environment?Financial Health Providers Credit unions have often found themselves at the forefront of financial health, but credit unions are now uniquely positioned to become more than a financial institution to their members. This includes being reactive to members’ needs today by waiving fees and being flexible. Some actions are being taken to help support credit unions and members during this time. The NCUA posted a helpful guide for supporting members during this crisis, and QCash Financial is offering a COVID-relief program for credit unions seeking a short-term credit option for members. However, with more than 25 million people in the U.S. filing for benefits since the pandemic started to batter the economy, the communities which credit unions serve need more.Credit unions are poised to uniquely address the holistic needs of the community, both during this crisis and beyond. In order to do so, credit unions should consider partnering with high- quality fintechs in order to offer services that better serve customers where they need assistance today. Fintechs can offer customized expertise and tools, such as:SpringFour directs members to best-in-class local government and nonprofit resources.Steady helps members increase their income by providing tailored job opportunities.SaverLife gamifies the savings experience so members can weather financial shocks.Leading the Charge: People Need our Help Credit unions like BCU, Coastal, IH Mississippi Valley, and ESL acted quickly to provide COVID-19 resources and relief to help members manage through this crisis. Additionally, they are actively measuring financial health so they meet members and employees where they are, and the Foundation continues to be a centralized hub for resources and thought leadership. The mantra of ‘people helping people’ shines bright.But beyond addressing the pains already felt through the pandemic, these leading institutions are showing us what is possible and giving us a glimpse into the future of the financial health movement.Especially in a crisis, credit unions can be more than financial institutions. They can be financial health providers.last_img read more

Larry D. Cleaver

first_imgLarry D. Cleaver, 74 of Milan passed away January 27, 2018 at Christ Hospital in Cincinnati, Ohio. He was born October 11, 1944 in Pennsylvania, the son of Harold and Martha (Donaldson) Cleaver. He married Shirley (Henley) Cleaver and she preceded him in death. . Larry worked at the Reservation in Milan as a cook. He enjoyed fishing.Larry is survived by numerous sister and brother-in-laws. Larry was preceded in death by his parents, wife, brothers and sisters.Funeral service will be at the convenience of the family.  Memorials may be made to the Family. Filter-DeVries-Moore Funeral Home entrusted with arrangements, P.O. Box 146 Dillsboro, In 47018 (812)432-5480.  Go to filterdevriesmoore to leave a online condolence for the family.last_img read more

Syracuse attacks Kayla Treanor and Nicole Levy win ACC awards

first_img Facebook Twitter Google+ Senior Syracuse attack Kayla Treanor won the Atlantic Coast Conference Offensive Player of the Year, the conference announced on Thursday afternoon. Treanor’s teammate, SU attack Nicole Levy, won ACC Freshman of the Year.Treanor is the first player ever to win the award for three consecutive seasons. She currently leads the conference and her team with 84 points from 46 goals and an ACC-best 38 assists. She’s also the nation’s leader in draw controls per game (9.00).It’s been a year of broken records for Treanor who now holds the spot for most goals in program history (255), most draw controls in a single game (19, against Loyola on Feb. 14) and in a single season (189 and counting). The draw control records come despite this being her first full season taking the draw since high school.On the other hand, Levy is the first-ever Syracuse player to win ACC Freshman of the year. The East Islip, New York native has recorded a point in 21 of 22 games this season and owes much of her success to a plastic, white light switch. She scored seven goals in the first two games of the ACC tournament and led the Orange with five points in a turning-point game at then-No. 2 Notre Dame which spurred a Syracuse five-game win streak after losing three of its last five.She ranks second on Syracuse in goals (43) and third in assists (19). Her 62 points is an ACC-best among rookies.AdvertisementThis is placeholder textNorth Carolina coach Jenny Levy was named ACC Coach of the Year and Notre Dame’s Barbara Sullivan took home ACC Defensive Player of the Year for the second straight time.Syracuse’s position in the NCAA tournament will be announced at 9 p.m. on Sunday, May 8. Comments Published on May 5, 2016 at 3:12 pm Contact Sam: [email protected] | @Sam4TRlast_img read more

NBA Star, Kobe Bryant, Admits the World Has Caught up with…

first_imgKobe Bryant “It’s a matter of the rest of the world having been caught up for quite some time.“It’s come to the point where we, as the USA, are going to win some, we’re going to lose some.“And that’s just how it goes.”The US team, seeking a third successive world title, were beaten by France in the quarter-finals, and a subsequent loss to Serbia meant their highest possible placing would be seventh – their worst ever.The US men at least finished with a win today, securing that seventh place with an 87-74 victory over Poland. Serbia also rounded off their competition positively, earning fifth place by beating the Czech Republic 90-81.Bryant, who was also a five-time National Basketball Association champion, continued: “There’s some great basketball being played: France, Serbia, Argentina.“We’re going to have our challenges with the next team, whether it’s ‘Redeem Team Two’ or whatever you want to call the team.“No matter what team it is, it’s not going to be easy.”Bryant recalled the battle the Americans had in the 2008 Olympic Final against Spain – a 118-107 victory.“I remember on the Redeem Team we needed a hell of a fourth quarter to beat Spain.“That was a hell of a team we had.“We still needed a really late push to beat Spain in that gold-medal match.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram The rest of the basketball world has caught up with the United States, according to one of the game’s superstars, Kobe Bryant.Speaking in Beijing on the eve of the International Basketball Federation (FIBA) World Cup final between Spain and Argentina, the 41-year-old former Los Angeles Lakers legend, who won Olympic gold with the United States at the 2008 and 2012 Olympics, expressed no surprise at the failure of the US team to defend its title.“It’s not a matter of the rest of the world catching up to the USA,” said Bryant, a Global Ambassador for the flagship FIBA event.last_img read more