American Consumer Council gains Associational SEG Status: What does it mean for credit unions?

first_imgwith Mike LawsonAfter a lengthy review with the NCUA (15 months), the American Consumer Council (ACC) has gained its long-awaited Associational SEG status. So what does this mean for credit unions? Turns out it’s very good news for the industry as the ACC is a direct conduit for millennials to credit unions — and we all know that CUs need to get younger for a bright future. So this status for ACC is a nice shot in the arm for credit unions.So we ventured down to the ACC headquarters, which happens to be here in San Diego, for an in-person chat with their President Tom Hinton — who is quite pleased with the good news. A lot of hard work now rewarded.We asked him how credit unions and consumers will benefit from this status, what the NCUA review process was like, and how this decision will help other associations wanting to work with credit unions. Many thanks to Tom and his ACC crew for taking time to chat with us. Enjoy! continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Construction of Aganan flyover starts July 6

first_imgMotorists from Jaro, Iloilo City bound for Santa Barbara town may take the road traversing Barangay Quintin Salas, Jaro-Tacas, Jaro-Barangay Pagsangaan, Pavia; Tigum, Pavia-Barangay Cabugao, Santa Barbara-Barangay Agutayan, Santa Barbara-Taft Street, Santa Barbara- Rizal Street, Santa Barbara. Then the coronavirus disease 2019 pandemic came in, lamented Gustilo, further delaying the March start of construction. “Ang DPWH nagapangayo gid pasensya. Ini nga project para man sa aton,” said Gustilo. One lane on each side of the highway would remain open to traffic. “We have to move quickly to solve this traffic congestion which irks drivers, commuters and tourists. We must prevent being compared to Metro Manila and Cebu City in terms of the gravity of traffic. It will not be good for the image of the city that we have worked hard on for several years,” said Drilon./PN Aside from the Aganan and Ungka 2 flyovers, has also started work on the Buhang flyover in Barangay Buhang, Jaro, Iloilo City along Iloilo Circumferential Road crossing Iloilo-Capiz Road (new route). The other is the Jiba-aon flyover along the Iloilo Circumferential Road crossing Mandurriao-San Miguel Road in Mandurriao district of Iloilo City. Construction of the P560-million four-lane Aganan flyover starts on Monday, according to the Department of Public Works and Highways (DPWH) Region 6. ILOILO City – The public is being alerted in advance about possible traffic congestion in Barangay Aganan, Pavia, Iloilo beginning July 6. DPWH is erecting a total of four flyovers to ease traffic congestion in Iloilo City and immediate environs. Motorists from Barangay Cabugao Sur, Pavia (Carlitos) bound for Jaro/Leganes, Iloilo may pass through Evangelista Street, Pavia-Anilao-Pagsangaan Road-Barangay Tacas, Jaro. The contractor is International Builders Corp., the same construction company currently working on the P480-million 453.70-meter flyover in Barangay Ungka 2, also in Pavia. Motorists from the Iloilo Airport bound for Mandurriao and Molo (Iloilo City) or Oton, Iloilo may take the Bangga Dama, Santa Barbara-Bangga San Jose, San Miguel-Aleosan Road.center_img “Also, we have identified alternative routes,” said Gustilo. The Aganan flyover would be 436.90 meters long including the protection approaches and right of way. “Nakabutang na kami board-up didto,” said Engineer Mavi Gustilo, project engineer. Motorists from Bangga Singko, Pavia and Barangay Cabugao Sur, Pavia (Carlitos) bound for Mandurriao, Molo or Oton, may take the Bangga Singko, Pavia-Barangay Pandac, Pavia-Aleosan Road. DPWH-6 already coordinated with the local government of Pavia for the management of traffic in the area, said Gustilo. Ilonggo senator Franklin Drilon lobbied for these flyovers. Construction was originally scheduled to start in January this year, according to Gustilo, but several concerns were addressed first such as clearing the electrical wires and poles of Iloilo Electric Cooperative. At least 10 traffic enforcers would be directing the flow of vehicles. Two lanes on each side of the six-lane national highway in Barangay Aganan would be closed. The construction period is 24 months.last_img read more