CUNA engaged w/ Congressional efforts to exempt CUs from MLA

first_img continue reading » While the Department of Defense (DOD) has affirmed the Military Lending Act’s (MLA) effective date for credit card accounts of Oct. 3, CUNA is engaged with legislators to build support for efforts to exempt credit unions from the rule. Rep. Paul Cook. (R-Calif.), member of the House Armed Services Committee, circulated a Dear Colleague letter this week requesting DOD exempt credit union from the MLA regulation as amended in July 2015.Cook’s letter aligns with CUNA’s position over the past few years that the provisions of the MLA should not apply to credit unions, as they are not engaged in the predatory practices the rule is focused on.Going forward, CUNA and leagues will continue engagement with policymakers to build support for Cook’s effort. CUNA will also continue its push to the DOD for changes to the MLA, as well as necessary interpretive guidance.While CUNA supports the goal of protecting servicemembers, it believes the requirements of the MLA are having unintended consequences by forcing credit unions to cut back on, or eliminate, products designed to provide servicemembers and families with access to credit. 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Shelvey to step out of shadows

first_img The England international made an eye-catching debut in the Swans’ 4-0 Europa League victory over Malmo on Thursday, impressing with his range of passing. Shelvey admits it was a wrench to leave Anfield and the chance to continue learning from one of the finest midfielders of his generation in Gerrard, but felt the time had come to strike out on his own. “It is a big, big thing to leave, to come away from one of the biggest clubs in football, but I felt that I needed to come and play,” said Shelvey. “I didn’t want to sit behind people. I felt that I wasn’t getting a fair crack of the whip at Liverpool but that’s football. I can’t fault any of the players there because they were first class. “I felt my days had come to an end, I needed to get away whether it was on loan or permanent, but I needed to leave and try and get some football.” Of comparisons between him and Gerrard, he added: “You can’t put me and him in the same sentence because it’s just ridiculous how good he is, but people have compared me to him and that is just an honour. “I have gone from living next door to him to living in a farm out here, but I have enjoyed every minute of being here so far, and my missus is loving it, because the weather has been so nice as well.” Shelvey also revealed that Anfield boss Brendan Rodgers, a former Swansea manager, helped him with his move to south Wales. “Because Brendan was here it helped me get to know the club a bit more,” he said. “When I was coming down he rang me and told me about the club and the people to look out for, and the people who would help me. “It has helped me working with him already, and obviously he can’t speak highly enough of Swansea City Football Club.” Press Association The 21-year-old left Liverpool to join the Swans in a £5million move earlier this summer, ending his three-year stint on Merseyside. The former Charlton playmaker was seen as being the natural long-term successor to the England captain at the heart of the Reds midfield, but opted to make the switch to the Liberty Stadium in search of a regular first-team spot. center_img Jonjo Shelvey hopes that moving out of Steven Gerrard’s shadow to join Swansea will be the making of him.last_img read more

Three longtime Clear Lake city employees take advantage of retirement package

first_imgCLEAR LAKE — Three longtime City of Clear Lake employees, including the city’s public works director and finance director, have chosen to participate in an early retirement program recently approved by the City Council. Public works director Joe Weigel, finance director Linda Nelson and police lieutenant Paul Chizek decided to take advantage of the program that assists eligible employees who wished to retire but couldn’t due to health insurance coverage concerns. City Administrator Scott Flory says in his 19 years as city administrator, there have not been two people more meaningful in that time than Weigel and Nelson.   “They’ve had marvelous public service here. Joe’s been here almost 31-and-a-half years I believe, and Linda is pushing nearly 31 years. That kind of public service is really fantastic, so salute them and the careers they’ve had. I think they’ve been exemplary in the work that they’ve done for the community and for our organization, so we’ll have to start the process of course, and it would be difficult to say the least, daunting for sure, to replace all three of these folks.” Flory also commended Chizek for his service to the city’s police department.  “Paul Chizek is going to be retiring towards the end of August after 32 years with the department. That is a significant career in law enforcement, and in particular with one department for sure.” To have been eligible for the program, a full-time employee must have been 56 or older and had no less than 25 years of continuous employment with the city. Employees who are 60 years old would be able to remain on the city’s group health insurance plan under a single policy for up to five years but in no case past 65 years old or when they are eligible for Medicare. Employees who retired before turning 60 years old could apply post-retirement accumulated paid leave conversion credits to help pay their health insurance premiums.last_img read more