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Wondering what to do with all your deposits?

Wondering what to do with all your deposits? I was talking with the CEO of a credit union this last week, and he remarked on how much the influx of deposits had driven down their net worth. We have heard about similar challenges from many of our clients. It all got me thinking about an interesting credit union deposit program we’re participating in, which not only makes good business sense but also aligns perfectly with our core values and company goals. The money market account we recently ...
Payroll Protection Program Credit Union Transformational Deposit Deep South ஊதியம் ப்ரொடெக்ஶந் ப்ரோக்ர்யாம் கடன் தொழிற்சங்கம்

Joe Morrison: Confronting a challenge that COVID exacerbated

View Comments It’s commonly heard on the news the COVID-19 pandemic has been “disproportionately hard” on people of color. That’s a big understatement. The blunt truth is that people of color are multiple times more likely than whites to have caught COVID, died from it, or have had the pandemic destroy their finances. According to a report released May 2021 from the Washington State Department of Health, African Americans were about twice as likely to get COVID and 75 percent more likel...
United States Puget Sound Kitsap County Census Bureau Small Business Administration Federal Reserve

Today's Headlines: One year after George Floyd's murder

TOP STORIES Soon after the Minneapolis police officer who killed George Floyd was convicted of murder, President Biden called Floyd’s relatives with a promise: Once he could sign legislation named for Floyd to change policing nationwide, he would fly them to Washington for the occasion. Floyd’s family arrives at the White House today, the anniversary of his death. But there will be no bill-signing ceremony. Bipartisan negotiations on Capitol Hill have yet to produce a breakthrough, a remi...
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PPP pandemic relief for small businesses is beset by confusion and dashed hopes

PPP pandemic relief for small businesses is beset by confusion and dashed hopes Don Lee © Provided by The LA Times Tiny businesses like those at the Paramount Swap Meet have struggled to survive over the past year. (Kent Nishimura / Los Angeles Times) The federal government’s massive Payroll Protection Program, which has been a lifeline for small businesses hit by the pandemic, has become so mired in confusion and delays as money runs out that hundreds of thousands of appli...
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Source: msn.com

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Hotels need federal aid to reopen at full staff, industry trade group says

Pat Nabong/Sun-Times The return of Lollapalooza is a huge boost for Chicago tourism. But if hotels are to take full advantage — by rehiring a full staff — they need city and state help, an industry trade group said Tuesday. Michael Jacobson, president and CEO of the Illinois Hotel & Lodging Association, is pushing for a hotel-only version of the Payroll Protection Program that helped restaurants survive the pandemic. Jacobson is asking Mayor Lori Lightfoot to earmark $75 million of the $1...
Mccormick Place United States Michael Jacobson Lori Lightfoot Illinois Hotel Lodging Association Payroll Protection Program

How A Baker, Banker And Cleaner Are Growing Their Local Businesses — And Looking For Help

Published May 18, 2021 at 4:03 PM EDT Listen • 49:00 / Pilar Guzman Zavala owns and runs Half Moon Empanadas, American National Bank CEO Ginger Martin (middle), and Sherry Rudolph owns janitorial services firm Legally Clean. For months the Sunshine Economy has been following three businesswomen navigating the pandemic economy. The baker, banker, and cleaner have been growing in their optimism even as each of them have had trouble finding new employees. A year ago...
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Source: wlrn.org

Reading International Reports First Quarter 2021 Results and COVID-19 Business Update

Revenues Returning as Cinemas Reopen Bank Debt Reduced Stockholder Equity IncreasedEarnings Call Webcast to Discuss Financial Results and COVID-19 Updates Scheduled to Post to Corporate Website on Wednesday, May 19, 2021CULVER CITY, Calif.--(BUSINESS WIRE)--Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations
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