10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Reps. Adam Schiff, D-Calif., and Steve Stivers, R-Ohio, will soon be submitting a letter – signed by a bipartisan group of more than 260 House members – to CFPB Director Richard Cordray urging him to use the bureau’s Dodd-Frank Act authority to exempt credit unions from certain rulemakings.NAFCU expects the letter to be sent to Corday within the next couple days.The letter praises credit unions and community banks for their focus on local lending and community development. The signers will urge Cordray to use CFPB’s authority under Section 1022(b)(3)(a) in the Dodd-Frank Act to adapt regulations by exempting “any class” of entity from its rulemakings.In a message to House members last month, NAFCU Vice President of Legislative Affairs Brad Thaler said, “Exempting credit unions from rulemakings intended for larger financial institutions would result in significant, immediate regulatory relief that would allow credit unions to better serve their members.” continue reading »
Are Bank of America, Wells Fargo, Chase and other national and large regional banks impenetrable?We know, in fact, that they are not too big to fail. Within our walls, we boast all the time how there is a fundamental difference between us. As an industry of community financial institutions, for some reason we bite our tongues when it comes to marketing to their customer. Why is that?Let’s take a look at a market known for switch ad campaigns: wireless carriers. When it comes to data, speed and reliability, Verizon often comes out on top in studies compared to T-Mobile, AT&T and Sprint. We also know there’s more to it, such as cost, service fees, customer service, a ton of fine print and how the brand makes us feel.Not everyone should be a Verizon customer, just like not everyone is suited for Bank of America.I think Sprint’s switch ads this year are brilliant. After all the “ball busting” last year (Remember the marble races?), Sprint brought in Paul – Verizon’s former trusted spokesperson. A familiar face that looks pretty handsome in yellow isn’t saying, “Can you hear me now?” for Verizon. He’s flat out saying that Verizon is better, only slightly better, and you can pay less and have more fun at Sprint. He ends with, “Can you hear that?”Not only has Sprint used Verizon’s old spokesperson against them, recent ads are using Verizon’s own branded checkmark. These ads depicting their signature red checkmark hooking customers from behind as a symbol of Verizon slowing their data speed while on an unlimited plan. continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Riyad Mahrez has stolen the headlines so far this season but Leicester manager Claudio Ranieri insists his side are not a one-man team. Press Association Meanwhile, Mahrez’s agent insists his client is not interested in the recent rumours linking him with clubs such as Arsenal and Barcelona. Kamel Bengougam, the 24-year-old’s representative, is adamant that Mahrez remains fully focused on maintaining his excellent form at Leicester. He told ESPN: ” Riyad is very happy at Leicester and he just signed a new contract at the club last month. “Riyad is not thinking about the rumours and is focused on his season with Leicester and wants to continue his fine form.” Mahrez has proved to be a bargain for Leicester who, under previous manager Nigel Pearson, paid French club Le Havre just £400,000 in January 2014. He is certain to start against Stoke while Dyer may also be handed his full debut after marking his first appearance for the Foxes with the winning goal against Aston Villa last weekend. N’golo Kante and Leonardo Ulloa also impressed as substitutes as Ranieri’s men overturned a two-goal deficit to beat Villa 3-2 and they will be pushing for starting places at the Britannia Stadium. Mahrez has been key to the Foxes unbeaten start to the campaign which sees them sit second in the Barclays Premier League table ahead of Saturday’s trip to Stoke. The Algeria international midfielder is the joint-leading scorer in the division with four goals, along with Swansea striker Bafetimbi Gomis and Bournemouth striker Callum Wilson, and also has a handful of assists to his name this season. Mahrez’s attacking attributes are there for all to see but Ranieri believes how he fits into the team ethos as a whole is regularly overlooked. “Riyad is playing well, everything he touches is gold but behind him there are so many players who are working hard, trying to do their best for the team,” said Ranieri. “Riyad is part of that but because he does something that is ‘wow’, it is missed sometimes. It is important for us and for Riyad because he is a team player. “He has good quality but suffers also when he comes back to help his full-back. “That is important for the team and it is important for me.” Mahrez has formed part of a formidable attacking unit this season at Leicester which, due to the pace they possess, Ranieri has likened to the Royal Air Force. Mahrez, Jamie Vardy, Marc Albrighton, Jeffrey Schlupp and recent addition Nathan Dyer form a fearsome frontline – arguably the fastest in the Premier League – and Ranieri had praise for his flying Foxes. “I love watching them. My team is like the RAF… beep, beep, beep, I love it,” said the Italian.