Membership, loan growth slowed in January, MCUEs show

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Credit union membership and loan growth weakened in January, but year-over-year membership and loan growth rates remain a strong 4.23% and 8.99% respectively, according to CUNA’s latest Monthly Credit Union Estimates. Monthly membership and loan growth in January fell to 0.16% and 0.34%, respectively, from the December growth rates of 0.33% and 0.53%.“While January is a historically slow month for membership and loan growth, the pace of growth for both hasn’t been this slow since January 2013,” said Samira Salem, CUNA senior policy analyst. “Increasing interest rates, decreasing consumer confidence, and uncertainty due to the partial government shutdown likely contributed to weaker growth. Nevertheless, year-over-year credit union membership and loan growth rates remain a strong 4.23% and 8.99%.Adjustable rate mortgage growth increased to 0.55% from 0.00% in December. By contrast, fixed rate mortgage growth at credit unions declined to -0.28% in January from 1.28% in December. continue reading »last_img read more

Prosecutors demand court deny fugitive Djoko Tjandra’s case review plea

first_imgThe fugitive of the high-profile Bank Bali corruption case, who reportedly is staying in Malaysia, had requested last week through his attorneys that the case review trial be held virtually, citing his health condition as the reason for his absence. He filed the case review petition against his conviction to the South Jakarta Court in early June after being wanted by authorities since his escape in 2009.One of the prosecutors, Ridwan Ismawanta, also asked the judges to reject the online hearing request. He said, citing Supreme Court circular No. 1/2012 on case review procedure, that teleconference hearings could only be held at district courts, prosecutors’ offices and detention centers and were only applicable to prisoners, defendants and witnesses.“The plaintiff’s request [for an online hearing] is disrespectful to the court and [what he did] is contempt of court,” he said.Read also: House deputy speaker reported for not allowing supervisory hearing for Djoko Tjandra’s case He added that Djoko’s absence was unacceptable as his team of lawyers did not present evidence of his health condition.Djoko’s lawyer Andi Putra Kusuma conveyed in last week’s hearing that his client had been ill and could not attend the hearings because he was undergoing medical treatment in Malaysia.The panel of judges did not clearly state whether the case review hearing would be continued or stopped, after adjourning it for around 1.5 hours on Monday afternoon.The team of prosecutors, Ridwan said, refused to sign the dossiers of the hearing, insisting that the defendant must be present for the case review trial.He said the prosecutors’ refusal had not dropped the case review petition yet as he suspected it could be forwarded to the Supreme Court.“The petition must be denied without the presence of the defendant,” he said as reported by : Prosecutors at the South Jakarta District Court have demanded that the panel of judges drop the case review plea filed by notorious fugitive Djoko Soegiharto Tjandra as they also ask for judges to deny the graft convict’s request for a virtual hearing following his consecutive absence.“We demand the panel of judges reject the case review petition filed by Djoko Sugiarto Tjandra and declare the request cannot be accepted,” a team of prosecutors said in the broadcast hearing at the court on Monday.The panel of judges, presided over by judge Nazar Effriandi, held the hearing for the fourth time on Monday, which Djoko failed to attend again.last_img read more

Badgers bounce back

first_imgWith senior floor captain Maria Carlini out for the weekend with a foot injury, the No. 14 Wisconsin volleyball team (14-4 Overall, 6-2 Big Ten) was still able to rebound from a pair of losses on the road last weekend and remain in the thick of the Big Ten race with victories over No. 9 Purdue (30-12, 30-20, 31-29) and Indiana (30-9, 30-17, 30-27).”I thought we picked up where we left off on Friday night just as far as our energy, and our quality of play and the high level,” head coach Pete Waite said. “It was a great team effort, a great team win and a great weekend.” With a season-high 7,064 in attendance on Sunday, the Badgers came out and were able to dominate the Hoosiers from the first serve. In game one, with Wisconsin leading 6-2, junior Amanda Berkley was able to put the game out of reach early with her serving as Wisconsin went on a 7-0 run to make the score 12-2.”[Berkley’s serve] doesn’t seem like anything fancy,” Waite said. “She just gets back deep and bombs it. If you are on the receiving end of one of those things, you don’t quite know where it’s going. It’s really hard for the opponent to get in a rhythm with the passers and the setters.”The Badgers were led by freshman outside hitter Brittney Dolgner with 15 kills. Taylor Reineke and Audra Jeffers also had double-digit kills with 12 and 11, respectively. Reineke lead the Badger blocker with eight rejections. “[Our blockers] did a nice job adjusting, especially today,” Waite said. “Our outside setup and our middles got some good hands on the ball. That just makes hitters doubt themselves when they see that wall up there in front of them.”The combination of the Badger’s blocking and defense, which was led by Jocelyn Wack with 18 digs, helped Wisconsin hold Indiana to a .036 hitting percentage.”Their top player, (Erica) Short, averages between four and five kills per game,” Waite said. “For her to hit negative and only have six kills says a lot for the block.”Against the higher-ranked Purdue team Friday night, UW was again able to come out and dominate in games one and two. “It was a great win for our program,” Waite said after the victory on Friday night. “After coming off the two losses on the road last week, the team really worked hard to improve themselves and that’s all we ever ask them to do.”The Badgers were able to outplay the Boilermakers in every aspect of the game — out-blocking, out-digging, out-hitting and out-serving them. “They didn’t bring their A-game,” Waite said. “I know they’ve had much better matches, but that’s the way it is in the Big Ten. You better bring your A-game because it is going to be tough out there every night.”Wisconsin, behind the serving of Berkley, was able to go on 9-0 run in game one and a 7-0 run in game two that put the games out of reach for Purdue.”Sports are great that way. You just never know when you’re going to be the one on the run,” Waite said. “Obviously so far in the last two weekends at home our team has played at a high level.”They have been very focused, very clean game. I think [our serving] put Purdue on its heels and [they] really didn’t quite know what hit them.”Game three was a much more closely fought match as the Badgers had to rally from being down game point at 29-27 to close the match out. Back-to-back kills by Jeffers tied the game at 29 apiece, and junior Megan Mills ended the game two points later with the Badgers’ sixth service ace of the game.”I thought our serve receive was really solid tonight and our serving was tough, and that’s really kept Purdue out of their offense,” Waite said. “For us to out-dig them 48-33, that’s a very good defensive team, so that says a lot for how hard our kids were working.”Even though the Badgers did out-dig the Boilermakers, Wack’s NCAA record for double-digit digs ended at 80 matches as she finished the night with only eight.With Carlini not playing Friday night, Waite turned to his freshmen to lead the team as Dolgner led all Badgers with 20 kills and a career-high five blocks. Caity DuPont, getting her first significant amount of playing time at home, had a career-high nine kills”The composure they showed was fantastic,” Waite said. “The passing gave Jackie (Simpson) a chance to move the offense around and give them an opportunity to swing at a good ball all the time. We couldn’t have asked for more.” With the pair of victories over the weekend, the Badgers showed the conference that they are still a force to be reckoned with.”I think it was [a statement],” Waite said. “It was a big confidence boost for our team. Going into it, they were all kind of wondering how it was going to go. I thought they played with a lot of confidence and maturity. “I think it is going around the rest of the league seeing how we beat Purdue in three and now Indiana today (in three), that we are here, and we’re back, and we are playing good ball.”last_img read more