Paying for votes at your credit union – for a good cause

first_imgHow Conexus Credit Union increases participation in its board electionsby: Karen BankstonMembers who vote in the board elections of Conexus Credit Union, Regina, Saskatchewan, are not only exercising their democratic rights as owners but also supporting a worthy community cause. This year, the credit union donated $1 for every vote cast to the Saskatchewan Cooperative Youth Program.In addition to connecting the board election to the CU’s commitment to community, Conexus CU offers electronic voting through its online banking channel and has engaged in intensive recruiting of director candidates, says CUES member Jacques DeCorby, EVP/marketing and communications for the $6.5 billion credit union serving 118,000 members.In one of five districts, the credit union fielded eight candidates for two board seats in 2014. The wide choice generated a lot of interest, especially since Conexus CU posts candidate profiles online so members can make a more informed choice, DeCorby notes.Encouraging participation in board elections is ingrained in the credit union DNA, he suggests. “It’s part of what makes us different, one of our democratic principles.” continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Šibenik connects its fortresses by minibus

first_imgAs part of the European project “Revitalization of the fortress of St. Ivan ”, the City of Šibenik procured a midibus with the aim of conducting educational programs and workshops, ie, for the needs of transfers and tours of archaeological sites in the Šibenik-Knin County, as part of the field work of the educational campus of St. Ivan. Also, all three Šibenik fortresses will be connected by bus.”We will connect all three fortresses by bus, and will serve in carrying out various educational activities intended primarily for children, the domicile population, but also tourists. Our goal is to extend the season, and just one of the facilities at the Fortress of St. Ivana is an educational campus intended for educational programs that will last all year round. Fortress of St. Ivana will be the starting point, and all cultural and archaeological assets in the city of Šibenik and its surroundings will be the subject of visits and various activities.Said the mayor of Sibenik, Zeljko Buric.Midibus, Otokar Navigo C brand, has a total capacity of 40 people, including wheelchairs. The total financial value of the project “Revitalization of the Fortress of St. Ivana ”amounts to HRK 50.014.742,95. The European Union co-finances the project with HRK 41.486.646,05 from the European Structural and Investment Funds within the Operational Program Competitiveness and Cohesion, while the rest of the funds are provided by the City of Šibenik.last_img read more

Help Rivers Casino thrive before looking at exit

first_imgCategories: Letters to the Editor, OpinionThe Jan. 14 column, “Look At Casino In The Past, Present, And Future,” by Dr. Roger Hull is a well-written column dealing with the issues that exist with the Rivers Casino and the possibility of a Schenectady without a casino. My only criticism of the column is his reference made about “robberies in the casino parking lot.” Dr. Hull readily admits that this is “hearsay.” To even mention this, without a police report substantiating this claim, can be detrimental to the casino and does the casino a gross injustice — especially if it’s just “hearsay.” Maybe, Donald Trump is correct about “fake news.”Every casino has its problems with security, problem gamblers and misguided financial projections. Those casinos and cities that have been successful have found corrections to those problems or have developed plans to cope with them. Why not focus on this instead of developing plans for “life after the casino.” Let’s hope that the Rivers Casino and the city of Schenectady can focus on developing plans for success.Paul FoxSchenectadyMore from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsSchenectady police reform sessions pivot to onlineEDITORIAL: Find a way to get family members into nursing homesTroopers: Schenectady pair possessed heroin, crack cocaine in Orange County Thruway stopFoss: Should main downtown branch of the Schenectady County Public Library reopen?last_img read more

Mandate roundup: Merseyside Pension Fund, Unigestion, Pension Protection Fund

first_imgThe Merseyside Pension Fund has re-appointed Swiss asset manager Unigestion for its European equities mandate. The company was originally appointed in 2009 for five years.The nearly £5bn (€6.3bn) pension fund, which currently has around 127,000 members, conducted a full tender process before reappointing Unigestion.Head of the fund, Peter Wallach, said Unigestion’s investment approach suited the scheme and had a long-term focus. “We like the fact they say what they do and they do what they say,” he said.“Their research expertise has been invaluable to Merseyside, where they have provided tailor-made studies to assist with the management of our equity exposure.“We are also impressed with Unigestion’s holistic approach to risk management.”Unigestion’s managing director, Alexei Jourovski, said the reappointment was recognition for the company’s research and risk management.In other news, the UK Pension Protection Fund (PPF) has tendered for around five to eight managers to join its global equity investment panel.The lifeboat fund’s equity exposure will account for roughly 7-10% of the fund’s £16.3bn in assets, with managers expected to be appointed over the next two to three years.Interested managers should be able to provide services based on pooled fund arrangements.The PPF’s desired investment strategy is with favour to low-volatility, while performance will be tracked according to the FTSE All World minimum variance index.Interested parties should also be capable of applying foreign exchange hedging to protect investment returns.Asset managers should have the equivalent of £1bn (€1.3bn) in assets under management and a track record of five years. Lead portfolio managers should also have five years’ experience managing global equities.The PPF said other strategy exposures in the portfolio, such as value, small cap and momentum, were expected to be kept stable during investment.Responses can be sent to the PPF from 15 December.last_img read more