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Showing posts from February, 2019

Albany firefighter is making a ‘miracle’ recovery from near-fatal sepsis

Out on their weekly date night on a Monday in early February, Albany firefighter and father of two Josh Woodward told his wife, Chelsea Woodward, that he thought he’d pulled a muscle in his arm. Two days later, the 33-year-old was in the ER with sepsis. Doctors gave Josh a 5 percent chance of survival as the infection spread from his arm to his chest. He had a heart attack. His kidneys were failing. Two weeks later, after a massive outpouring of support from his community and strangers online following his fight for life, Josh has beaten the odds to make it into that 5 percent. (One in three people who die in a hospital have sepsis, according to 2018 Centers for Disease Control and Prevention statistics.) “As of yesterday, his blood work came back free of sepsis,” Chelsea, 31, tells The Post. “The doctors are throwing around the word ‘miracle.’ ” The way Josh contracted sepsis is almost as tragic as his recovery is remarkable. “He coughed strep directly into his blood

Solve, Save, Succeed! "Royal For Credit Unions"

NCOFCU Business Solutions Solve, Save, Succeed! "Royal For Credit Unions" Royal for Credit Unions offers a range of automotive service plans for new and used vehicles that provide exceptional protection against repair costs while increasing value for your Members! Our plans are backed by more than 50 years of dependability and customer satisfaction. We offer a world-class service organization, marketing, training, and a complete line of services. We have plans to fit most every vehicle and Members budget. Rock-Solid Stability! Royal for Credit Unions offers you the opportunity to have your programs fully backed by the most reputable insurer’s in the extended service contract industry. Building a relationship of trust with your members is essential to the success of your business. Royal is a partner on which you can build solid, long-term relationships.  Become a ROYAL credit union NOW!  Contact our Executive Sales Director Jim Donovan at 

The NCUA approved 53 consolidations during last year’s fourth quarter

With the number of small credit unions shrinking day by day from closures and mergers it is essential that you know that the National Council of Firefighter Credit Unions Inc. (NCOFCU) is here for you! Remember   "You're not alone with NCOFCU" The NCUA approved 53 consolidations during last year’s fourth quarter, bringing the total number of mergers to 192 in 2018. That total number of annual mergers is down from the 200 consolidations approved by the independent federal agency in 2017 and 2016, 238 in 2015 and 262 in 2014. The fourth quarter’s largest mergers included the $325 million Progressive Credit Union in New York City into the $24 billion PenFed in McLean, Va., which was followed by the $378 million Bridgewater Credit Union in Bridgewater, Mass. with the $614 million Merrimack Valley Federal Credit Union in Lawrence, Mass., the $89 million Incenta Federal Credit Union in Englewood, Ohio  into the $290 million Pathways Financial Credit Uni

F&A Has a new CEO

MONTEREY PARK, Calif. — F&A Federal Credit Union has named a new president and CEO. The $1.66-billion F&A has selected Tim Green to lead the organization. Green has more than 12 years of experience in the financial services industry, as well as another five years of experience in the financial advisory industry, and most recently was EVP/CFO with KeyPoint Credit Union in Santa Clara, Calif.  Prior to his time at KeyPoint Credit Union, Green was EVP/CFO at Gateway Bank for five years.  “I am very excited to be joining F&A Federal Credit Union and am honored to have been given the opportunity to lead such an organization,” said Green in a statement. “There is tremendous opportunity to take what is an already fantastic credit union and make it into an even greater financial resource for the membership and the community.” F&A FCU has approximately 45,500 members. About F&A F&A was chartered in 1936 to provide financial services to employees of

Tax exemption for credit unions under fire!

The 116th Congress has begun, but the seats are barely warmed and bank trade associations are already making their demands. On that list are credit unions, which is not at all surprising. This time, they are making a new argument using bipartisanship as the platform to call out the federal corporate income tax exemption for credit unions. While we appreciate their fervor to defend their industry, the picture painted is quite flawed.      Carrie Hunt   is executive vice president of government affairs and general counsel for the National Association of Federally Insured Credit Unions. Lobbyists continue to harp on what seem like tough conditions for banks but overtly omit a few key facts, such as conveniently leaving out that banks maintain the highest levels of capital ever and still dominate the financial industry. Moreover, they sometimes conflate community banking on Main Street with big banking on Wall Street. This makes no sense. The fact is that credit