Effective data governance key for credit unions

first_img 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Calculating potential credit loss may have just gotten easier for community financial institutions (FIs). Recently, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) finalized a new credit loss model for financial assets. This model will allow for more timely recognition of expected credit losses.Although it’s been finalized, the new Current Expected Credit Loss (CECL) model won’t take effect until 2019. The new model addresses the need for a more precise measurement of life of loan loss based on loan-level data. In order to achieve this, FIs will need to mine quality, secure, easily accessible data, as well as make the most of any currently stored data. continue reading »last_img read more

Phil Mickelson makes BMW Championship tee time despite hotel fire caused by lightning strike

first_imgThat caused a fire at the establishment and an evacuation of the building, leading Mickelson to ponder whether he would make it on time as he was without his clubs.”How’s this for crazy? My hotel was struck by lightning, I was on [the] top floor, we were evacuated and the place is on fire (only thing of mine on fire this week),” Mickelson tweeted.”I can’t get back into my room and may miss my tee time because I am without clubs and clothes.”How’s this for crazy? My hotel was struck by lighting, I was on top floor,we were evacuated and the place is on fire(only thing of mine on fire this week.) I can’t get back into my room and may miss my tee time because I am without clubs and clothes.— Phil Mickelson (@PhilMickelson) August 18, 2019Fortunately, emergency services were swiftly on the scene and Mickelson confirmed his belongings had been salvaged safely meaning he was scheduled to play. “EMT’s were awesome! I’m going to make it. Turns out my clubs acted as a fire retardant. Lucky me.”Earlier on Sunday, the BMW Championship’s official Twitter account had issued a weather update to fans amid storms in the Chicago area.Sunday’s round will likely be Mickelson’s final of the season due to his projected standing of 49th in the FedExCup rankings. As far as excuses go for potentially missing a tee-off time, Phil Mickelson’s reason for the fourth round of the BMW Championship was pretty fair.The five-time major winner was facing the prospect of missing his allotted slot of 11:52 a.m. local time at Medinah on Sunday after the hotel he has been staying at was struck by lightning.last_img read more

Men’s Tennis Picks Up More Wins On Second Day Of Bulldog Hidden Dual

first_img DES MOINES, Iowa – The Drake University men’s tennis team continued to rack up wins during the second day of the Bulldog Hidden Dual at the Roger Knapp Tennis Center.Reid Jarvis and Finley Hall both collected two singles wins each as Jarvis opened his day with a 6-4, 6-4 win over Creighton’s Stratton Brown followed by a 7-5, 6-3 win over NIU’s Kristopher Ortega.Hall collected a 6-4, 7-5 win over NIU’s David Pata in the morning and then a 6-3, 6-3 victory against Omaha’s Ethan Henry in the afternoon.Hall also teamed up with Barny Thorold to earn two wins in doubles action while Jarvis went 1-1 in his doubles matches with teammate David Nyman.Evan Fragistas, Freddie Powell and Thorold all picked up wins in singles matches as well.The third and final day of the Bulldog Hidden Dual begins Sunday morning at 9 a.m.Bulldog Hidden Dual Saturday SinglesReid Jarvis (Drake) def. Stratton Brown (Creighton), 6-4, 6-4Evan Fragistas (Drake) def. Victor Spolidorio (NIU), 2-6, 6-4, 10-8Freddie Powell (Drake) def. Mikko Malinen (NIU), 2-6, 6-1, 10-8Finley Hall (Drake) def. David Pata (NIU), 6-4, 7-5Armando Gandini (Creighton) def. David Nyman (Drake), 6-4, 7-6 (2)Bor Muzar (NIU) def. Barny Thorold (Drake), 4-6, 6-2, 11-9Barny Thorold (Drake) def. Quintana (Omaha), 6-1, 6-3Finley Hall (Drake) def. Ethan Henry (Omaha), 6-3, 6-3Heredia (Marquette) def. Evan Fragistas (Drake), 6-2, 4-6, 12-10Fran San Andres (Marquette) def. Freddie Powell (Drake), 6-3, 6-2Reid Jarvis (Drake) def. Kristopher Ortega (NIU), 7-5, 6-3Shao-Yu Yu (NIU) def. David Nyman (Drake), 6-1, 7-6 (3)Saturday DoublesThorold / Hall (Drake) def. Muzar / Pata (NIU), 8-6Thorold / Hall (Drake) def. Quintana / Henry (Omaha), 8-1Fragistas / Powell (Drake) def. Heredia / San Andreas (Marquette), 8-6Jarvis / Nyman (Drake) def. Ortega / Yu (NIU), 8-3Brown / Gandini (Creighton) def. Jarvis / Nyman (Drake), 9-7Spolidorio / Malinen (NIU) def. Fragistas / Powell (Drake), 8-2 Live Results Story Linkscenter_img Print Friendly Versionlast_img read more