NAFCU witness: Regulation has gone ‘way too far’

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr On Thursday, Dixies Federal Credit Union President and CEO Scott Eagerton testified on behalf of NAFCU before a House Small Business Subcommittee hearing on the impact of the Dodd-Frank Act on small businesses and financial institutions. He argued the regulation “pendulum” had “swung way too far” and that it is hampering credit union member service.Eagerton, whose credit union is headquartered in Darlington, S.C., testified before the House Small Business Subcommittee on Economic Growth, Tax and Capital Access, which is chaired by Rep. Tom Rice, R-S.C.In response to a question from Rep. David Brat, R-Va., Eagerton said, “I really feel like we’re getting away from helping people … and that needs to change.” Brat likened Eagerton and a witness representing community banks to “data points” and argued that their experience proves the detrimental effect of overregulation.Eagerton also agreed with subcommittee Chairman Tom Rice, R-S.C., that the result of his staff spending more time and resources on regulatory compliance is that they have less to offer in the way of products and services, which he agreed is something that disproportionately impacts middle-class and minority borrowers. continue reading »last_img read more

Lawrenceburg Junior raising money for ALS

first_imgLAWRENCEBURG, Ind. — A Lawrenceburg Junior is holding a car show to raise money for ALS.Audio Player Up/Down Arrow keys to increase or decrease volume.That’s Logan Lawrence who currently holds a 4.28 GPA.The show will be held on May 7.Early registration is open through April 15.Logan is hoping to get as many cars and motorcycles as possible in the show.Audio Player Up/Down Arrow keys to increase or decrease volume.Logan hopes to raise $10,000 to donate.Logan Lawrence can be reached for sponsorship and additional car show information at (513) 532.7261, email at [email protected], or through the “Cruisin To A Cure” for ALS Facebook page.For more information about ALS and support and resources for individuals and families, visit here to download a registration form.last_img read more

Asmir Begovic is happy to help Srebrenica

first_imgThe Foundation Asmir Begovic in partnership with SANA is helping and promoting strengthening of friendship between the UK and BiH. This time, they are constructing sports complexes, and a total of 30,000 BAM was allocated for two terrains in Srebrenica. The Sun wrote about great deed of BH goalkeeper, and they stated that it is very inspirational.“It was very difficult for me and my family to change our entire life. The war took us apart, some of us went to Germany, another to Norway or the Netherlands. Now, when I am a father of two children, I can understand how it must be like to my parents,” said Begovic.“Every city has its own story. You have to constantly learn about what happened in that city. Srebrenica represented a big project for us, maybe even the biggest so far, but we are happy to help. I will make my first camp in BiH this summer as well. I am hoping to encourage future generations to come and try to become goalkeepers,” concluded Begovic(Source: read more