from $149.00 Lin-Manuel Miranda View Comments Oh, we do like a good #ThrowbackThursday moment and this is a classic. Back in 2007, before In the Heights had even hit Broadway, creator Lin-Manuel Miranda recreated the “Bet On It” scene from High School Musical 2 to promote his brand new show. The Heights Cool Musical Too video featured a cameo from then Spring Awakening star Jonathan Groff and went viral. Eight years later, the pair are co-stars for the first time in Miranda’s new musical Hamilton on Broadway, and they recently revisited the parody. Check out the videos below and then Miranda and Groff in person at the Richard Rodgers Theatre! Related Shows Star Files Jonathan Groff Hamilton
It’s a New Year! It’s a great time to take a close look at your overdraft management program and its role in helping you achieve your credit union’s goals for 2018 and beyond. Is your current solution one that meets the needs of your members, your regulators, your staff, and your board of directors? When considering the efficacy of your overdraft management program/software, ensure that it offers the following 5 critical features: 1 – Experienced Solution Provider with Access to Experts & Best PracticesHaving an experienced solution provider with flexibility, multi-platform knowledge, a full team of experts and best practices to tap into is essential. Does the company have knowledgeable and experienced staff well-versed in compliance, operations, and finance? Does the company allow (or is it even capable of allowing) you to make choices? For example, do you have a choice to advertise the limit (or not) and have you been informed about the pros and cons of each approach? When a choice is made, will you be supported? Proper disclosures and well-trained staff is a must when you realign your overdraft program to meet regulatory requirements. Make sure those points will be facilitated by your partnership choice. Best practices are accumulated through time-tested experiences and will enable you to be prepared for examinations. You should have access to the latest information and assurances that you have access to subject matter experts with decades of credit union experience ready to assist with important program decisions.2 – Proven Dynamic LimitsDid you know that all overdraft programs are dynamic in nature? One must evaluate if the dynamic limit approach should be based on simple limit options, or logic-based multiple limit assignments. For example, a simple two-option dynamic limit requires unnecessary effort to facilitate and doesn’t meet everyone’s needs. In some cases, that simplicity can be harmful to the member resulting in an unnecessary account closure. One must also question if the approach is the same as it was 20 years ago. If so, then it is likely the provider hasn’t invested intellectual capital and development to the product. Consider an approach applying relationship logic to meet the needs of each unique member while reducing costly losses and human resources who are trying to determine repayment risk. With the proper approach, it is possible to be near equilibrium to revenue and attrition. Did you know you can deploy proven dynamic limits where 99%+ of monitored overdraft events repay the negative balance? Examiners understand there is a need for overdraft services, and appreciate your efforts in preventing members from charging off and then becoming unbanked. 3 – Unique FeaturesKeys to an efficient program include relationship tracking for transaction risk, evaluating other non-interest income opportunities and providing a consistent message to members. A sign of a good product and service is the provider’s constant willingness to listen to creative ideas and invest in new features. Look for unique functionality outside the typical overdraft box. Some examples in evaluating a provider: Does the solution provider understand how to implement deposit trend marketing campaigns?Does the provider use predictive attrition analysis to adjust to your unique demographics or provide data science techniques enabling important business decisions? Does the provider allow the option to notify consumers of the service and the overdraft limit amount? Does the provider offer a Mobile Deposit Risk score?And on and on…. 4 – Full Analysis of Performance & Reporting There is constant change in both the regulatory environment and consumer activity that can impact how you meet your members’ needs. Periodic full data analysis of program performance specific to your credit union (but comparing you to peer data) from an experienced data science team is critical to success. Information during the review should include multiple points of peer data on Reg. E, waivers, refunds, attrition, paid item amounts, usage and deposits. You should have trusted advisors providing you with recommendations as needed for adjustments to the dynamic limit logic. Ask what type of data tools are used. Ask if they have formal impact analysis output and how they will review business decisions your organization may be considering. Find a proven approach utilizing years of constant data from millions of accounts derived from hundreds of financial institutions with billions of data points, and decades of experience from subject matter experts. Ensure that peer data is provided from a myriad of credit unions from different regions, asset sizes and core systems. Always make sure you own the data, logic, and direction of your program with the support of expert professional guidance. As for the reporting your credit union receives, you should feel confident that the reports provide actionable information for management, operations, and examiners. Can you create custom reports in a simple manner to reduce IT department workload? Do you have access to all the data that the system generates? Do you have access to real-time dashboards of key metrics to monitor the health of your overdraft services?5 – Training & Support You should have assistance with proper documentation that outlines the operational procedures supporting your credit union’s overdraft program. Training materials should cover specifics like member-friendly and regulatory-friendly Reg. E discussions, understanding dynamic limits and proper non-discriminatory granting of fee refunds. Training should be available in formats that best fit the organization, such as online webinars and the option to have professional trainers on-site. Also, look for helpful sessions included with your partnership where you can meet with a network of peers for group training, providing you an opportunity to refresh your knowledge of the software’s capabilities and ask questions of fellow participants. When entering a partnership that impacts members, management, and staff, make sure you are comfortable with the firm you choose – not just the software. You have a right to know if you will have access to prompt, responsive resources should the need arise. And be sure to inquire whether you will be working with staff who are easily reachable and who are fully employed by the solution provider you are considering. 56SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Tim Barrett With 20+ years’ experience working with 150+ financial institutions, Tim has helped improve service, institutional culture and ultimately shareholder value managing engagements focused on non-interest revenue improvement, front line training, … Web: myvelocity.com Details
Topics : MAX deliveries pushed backThe company reported a $2.4 billion loss in the quarter ending June 30 as revenues plunged 25 percent to $11.8 billion.The hit from coronavirus has prolonged and worsened Boeing’s slump due to the crisis surrounding the 737 MAX, which was grounded globally in March 2019 following two deadly crashes.Boeing said it was making “steady progress” towards getting the MAX recertified to fly, after the Federal Aviation Administration completed test flights earlier this month. That process, too, was delayed by the pandemic.Calhoun said the company was targeting the resumption of commercial deliveries following regulatory approval in the fourth quarter, shifting back the timeframe from the third quarter.The company resumed some activity on the MAX in May after completely halting work for a few months, but on Wednesday slowed the production ramp-up plans.Boeing said it planned to gradually increase output of the aircraft to 31 a month at the beginning of 2022, a delay from the earlier plan to hit that level in 2021, and a far cry from the 57 per-month target for 2020 before the coronavirus disruption.The Boeing chief also lowered the output plans for the 777 and the 787 jets.Executives told financial analysts on a conference call they were rethinking all operations with an eye towards lower costs. To that end, Boeing is considering consolidating all its 787 production to one factory; at present, the 787 is built in both Washington state and South Carolina.During a subsequent phone call with reporters, Calhoun said the company was at an early stage of the review. Calhoun, in an interview with CNBC, said the latest surge in US coronavirus cases made the near-term travel outlook “more difficult” because airlines that had added flights amid a brief uptick in interest are now cutting back. But there also was “more optimism about a vaccine” for COVID-19 sometime in 2021, which would support an industry recovery, he said.Calhoun said he still thinks it will be about three years before the industry recovers to pre-coronavirus levels. “Regretfully, the prolonged impact of COVID-19 causing further reductions in our production rates and lower demand for commercial services means we’ll have to further assess the size of our workforce,” Chief Executive Dave Calhoun said in a message to employees.”This is difficult news, and I know it adds uncertainty during an already challenging time. We will try to limit the impact on our people as much as possible going forward.”The results underscored anew the battered state of commercial aviation following lockdowns and travel restrictions imposed to limit the spread of the coronavirus. It comes on the heels of deep losses by leading US carriers that have announced belt-tightening plans of their own that will remove tens of thousands of jobs.Airlines have canceled orders, suspended deliveries and deferred maintenance. Boeing delivered just 20 planes during the quarter, down from 90 in the year-ago period. Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday, and signaled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic.The aerospace giant, which previously suspended the dividend for shareholders and announced a 10 percent staff downsizing, also said it would phase out production of the iconic 747 jumbo jet and ratchet back production plans on other commercial aircraft due to the weak outlook.Those moves are expected to lead to further job cuts. ‘Emotional’ 747 decision In the CNBC interview, Calhoun said ending production of the 747 in 2022 was an “emotional decision for everyone” at Boeing, but commercial needs necessitated the move.”This is just us facing reality,” he told CNBC. “Our customers want the new technology.”But he said the company would continue to service the 747s already on the market for decades into the future.While Boeing’s commercial plane business has been battered by COVID-19, the company reported flat revenues from its defense and space business compared with the year-ago period.Calhoun said these programs ensured “some critical stability for us in the near-term as we take tough but necessary steps to adapt for new market realities,” according to a Boeing earnings release.He told CNBC he does not expect to need additional financing following a $25 billion bond offering earlier this spring that is expected to provide enough cash to get through the downturn.The company’s share price initially gained ground, but then retreated and finished 2.8 percent lower at $166.
The Girls Batesville Track and Field team traveled to Franklin County to begin their tournament series and compete in Sectionals Tuesday night. The night started off pretty warm but became very nice as the sun went down. Although Batesville didn’t have any individual Sectional champions we had several runner ups and many advancing to Regional competition next week. Overall Batesville placed 4th as a team out of 13.Final team results were as follows: 1) East Central 198, 2) Franklin County 97, 3) Greensburg 69, 4) Batesville 64, 5) South Dearborn 53, 6) North Decatur 44, 7) Lawrenceburg 29, 8) Oldenburg Academy 23, 9) Milan 17, 10) South Ripley 10, 11) South Decatur 9, 12) Jac-Cen-Del and Rising Sun 5To qualify for Regional competition, competitors must place in the top 3 of their event, meet the state qualifying standards or be one of the 16 best places in the Sectionals feeding into that Regional. Batesville will have 3 individuals and all 3 relays advancing on to compete at Regionals next Tuesday at Shelbyville. They include: Stephanie Nobbe-runner up in the 200m dash, 3rd in 100m dash; Haylee Harmeyer-runner up in the 400m dash; Liz Loichinger-4th in the 1600m run (advancing as one of the 16 fastest times); 4 x 800m relay: runner up with Liz Loichinger, Emma Gausman, Britany Venis, Haylee Harmeyer (alternates include: Trysta Vierling, Ava Ralston, Cheyenne Laker, Taylor Rowlett); 4 x 100m relay: 3rd place with Gabby Gibbs, Taylor Rowlett, Morgan Meyer, Stephanie Nobbe (alternates include: Kayla Meyer, Michaela Nobbe, Roxi Hund, Haylee Harmeyer); 4 x 400m relay: 4th place but advancing as one of the 16 fastest times with Stephanie Nobbe, Taylor Rowlett, Emma Gausman, Haylee Harmeyer (alternates include: Shalee Harrington, Roxi Hund, Liz Loichinger, Britany Venis).Congratulations to all advancing to Regionals!Others placing and leading our team to a 4th place finish were:5th place: Liz Loichinger-800m run6th place: Gabby Gibbs-high jump, Morgan Meyer-long jump7th place: Trysta Vierling-3200m run, Morgan Meyer-high jump, Kayla Meyer-pole vault8th place: Roxi Hund-300m hurdles, Emma Gausman-800m runThere were also some personal records achieved and they were:Long Jump-Morgan Meyer and Taylor RowlettDiscus-Rebecca Deputy1600m run-Liz Loichinger4 x 100m relay-Gabby Gibbs, Taylor Rowlett, Morgan Meyer, Stephanie Nobbe4 x 400m relay-Stephanie Nobbe, Taylor Rowlett, Emma Gausman, Haylee Harmeyer4 x 400m relay splits-Taylor Rowlett and Emma GausmanWay to go ladies! Boys Sectionals is Thursday at East Central. Good luck Dogs!Courtesy of Bulldogs Coach Lisa Gausman.The Lady Pirates competed in the IHSAA Sectionals hosted by Franklin County on Tuesday night. Three individual Sectional Championships were claimed by the Greensburg Girls. Brenner Hanna was crowned the 1600 & 3200 Sectional Champion and Lily Grimes defended her Shot Put Championship title and was the Runner Up Champion of the Discus throw. It was a great night as 4 individuals & 1 relay team advanced to Regionals! Anna West advanced in both shot and discus, Cathy Newhart advanced in the 3200, and the 4 x 800 relay team of Cami Jones, Cathy Newhart, Julia Ankney, and Brenner Hanna qualified for Regionals.As a team the Lady Pirates placed 3rd in a field of 13 teams at Sectionals.Regionals will be hosted by Shelbyville next Tuesday.Courtesy of Pirates Coach Katina Tekulve.