continue reading » 19SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Besides being one of the stickiest products for boosting member loyalty, credit cards can be a revenue center for credit unions that manage their portfolios well. Through the Collateralized Asset Program from TMG Financial Services, credit unions can benefit from the returns of a well-run portfolio, whether or not they have one themselves.The way this works is for credit unions to invest—in the form of a collateralized loan to a CUSO—in CAP, which is a portfolio of credit union credit card accounts that have been sold to TMG Financial Services. CAP investors receive competitive yields—often better than CDs—based on soundly underwritten assets, as the average cardholder in the TMGFS card portfolio has a credit score of 740. An ownership stake in the CUSO is not required.Other CAP features include:fixed interest ratea wide variety of terms and ratesinterest payments made semiannually to credit unions that have investedconsistent and frequent reporting that models reporting for publicly traded, asset-backed credit card securities; andcredit and fraud losses assumed by TMG Financial Services, not shared with CU investors.To many credit unions, making investments that support the movement as well as their bottom lines is important. The more than 60 credit unions that take part in CAP—now 10 years old—are ensuring critical credit card assets stay inside the credit union industry.
Batesville Wrestling continued their season traveling to East Central to wrestle in 5 duals. Batesville had some success going 2-3 on the day.Batesville started the day against conference rivals East Central. Despite the effort Jacob Weigh (160) was the only Bulldog to get a victory with a 6-5 decision on the way to a 71-3 defeat.Batesville bounced back against Cambridge City Lincoln. Alex Murphy(113) got the teams only pin. Jonah Chase(138), Jt Linkel (145) and Chase Hamilton (182) were able to win by decision. Josh Mobley(152), Jacob Weigel, Axel Garcia(170), and Brandon Manning(195) received forfeits leading to a 40-24 victory.Batesville continued with 9 victories against Columbus North. Caleb Bischoff-Niese(126), Tyler Schaefer(132), Jonah Chase, Jt Linkel, Josh Mobley, Jacob Weigel, and Axel Garcia all got pin fall victories. Brandon Manning picked up a forfeit while Batesville won the dual 54-18.Batesville next wrestled Rushville for the 3rd week in the row closing the gab. Jt Linkel, Josh Mobley, and Axel Garcia were able to wrestle to pin fall victories. Jonah Chase and Jacob Weigel were able to win by decisions. Despite winning 5 out of 10 matches Batesville lost 40-24.Batesville closed the day against the champions of the meet, Lawrenceburg. Only two Bulldogs were able to pick up victories. Jt Linkel had a 16-10 victory while Alex Murphy picked up a forfeit giving the bulldogs 9 points to Lawrenceburgs 64 points.Batesville moves their record to 8-8. Jacob Weigel and Jt Linkel were able to get 3 wins on the day. Jonah Chase, Josh Mobley, and Axel Garcia each got 3 victories. Vonlay Hund(145) and Nick Nobbe (160) each got pin fall victories in JV competition.Batesville will next travel to Franklin county this Tuesday. read more
LOS ANGELES >> When you succeed on the day your team fails, you talk in a golf murmur, as Scott Kazmir did in the Dodgers’ clubhouse Wednesday.The fact is that Kazmir’s six sharp innings probably mean more than the Dodgers’ 6-2 loss to the Phillies and the end of their four-game winning streak, or the fact that they gave up their one-day tie with San Francisco atop the National League West. Kazmir needs to be a playoff strongman, provided the Dodgers get there.He was, but what about next time? That question has followed Kazmir all season.“It’s been pure frustration, the last couple of months,” he said. “You make quite a few good pitches, you make one mistake, you feel like you might get the benefit of the doubt and you don’t. That’s baseball. That happens to a lot of guys.” Kazmir took the loss and fell to 9-6, although he didn’t throw the poisoned pitch. That was delivered by 28-year-old rookie Grant Dayton, who had been dynamic in his first appearances but, gave up a three-run bomb to Freddy Galvis with one out in the seventh inning. Kazmir began the seventh, but Carlos Ruiz dumped a single into left field and Jimmy Paredes walked on four pitches. That brought Kazmir to 100 pitches and under baseball’s current state of play, sent him into the dugout.“He’d gotten his quality start,” manager Dave Roberts said, “and we just felt it was time.”Modern times. You take the ball from the $11 million starter and give it to a guy who’s been here since July 22. But Roberts went against custom in the ninth.Kenley Jansen, the closer, had told Roberts he wanted an inning because he hadn’t had one since Sunday. Roberts gave him the ninth with the Dodgers only down, 3-2. Jansen wasn’t sharp and the Phillies ran the way they wouldn’t have run if Jansen was pitching with a lead and Jurassic Ryan Howard, who is 36, hit a three-run double to make the game unreachable.Closers live on Adrenalin. They have one job and are ruthlessly programmed to do nothing else. They come in with a save dangling in front of them and they sprint toward it. Any deviation throws them off. Sure, it’s silly. Sure, it’s pathetic that baseball has pigeonholed closers that way. But it’s a reality; even a reflex. The Dodgers paid a price for ignoring it. The Dodgers also had a chance to evict Jeremy Hellickson in the first inning, but got one run instead of three. The fact that Adrian Gonzalez’s double bounced off umpire Alan Porter instead of shooting into the corner and bringing home a second run was one reason, but so were strikeouts by Yasmani Grandal and Howie Kendrick.And there was a two-on, no-out situation in the sixth that dissipated when Corey Seager and Josh Reddick tried a double steal without much conviction. The Phillies foiled that to stay within 1-0 and took the lead minutes later.So it wasn’t pretty for the Dodgers, who had averaged seven runs per game since July 30. Instead, it was playoff-tight. Kazmir got seven ground outs and three called strike threes. They have seen him do that before, but rarely consecutively.“It’s been hard to establish momentum,” Kazmir said. “Today I had my changeup. I was trying to keep it down and I also threw it slower than before, maybe 74-75 (MPH) and that helped. Getting the grounders was just a product of mixing things up and changing speeds, keeping them off balance. Of course you want to stay in the game and I felt like I gave up a broken-bat hit and then there were some close pitches on that walk, but you gotta keep going.”Kazmir has not had back-to-back quality starts since May 25 and 31 (defined by six or more innings, three or fewer earned runs). But on July 19 he gave the Nationals one run and no walks in seven innings. That is a postseason-worthy start, the kind he’ll need against, say, Washington’s Stephen Strasburg or Chicago’s Jon Lester or Miami’s Jose Fernandez. There is no ETA for Clayton Kershaw and Kazmir and Kenta Maeda are the 1-2 starters until then.“I don’t look at it like a burden,” Kazmir said. “It’s an opportunity. I think our whole team has reacted to it well. That’s why you’ve seen guys throughout our lineup step up, offensively and defensively.”The Dodgers are an unforeseen 23-14 since Kershaw last pitched. But these are the dress-rehearsal games they need to win, especially when the understudy looks real. Newsroom GuidelinesNews TipsContact UsReport an Error read more