Limerick leads the way

first_imgPrint Advertisement Facebook Twitter WhatsApp NewsLimerick leads the wayBy Bernie English – March 31, 2016 939 center_img LIMERICK is leading the way in an area fraught with difficulty for many families, that of how to deal with the cremated ashes of a loved one.Despite the growing popularity of cremation, many graveyards do not facilitate ash only interments. Urn Towers, a company set up by Limerick man Stephen Power provides a unique solution, allowing the interring of cremated remains in graveyards.Sign up for the weekly Limerick Post newsletter Sign Up Limerick City and County Council is the first local authority in the country to support this initiative by piloting a project to allow families inter a loved one’s remains in a new-style memorial called an Urn Tower. The urns holding the remains are placed inside the family Urn Tower.  Two Limerick City graveyards – Killmurry and the extension at Mount St Lawrence cemetery –  will be the first Irish facilities to offer this option.Once the trial period is completed, it is hoped that Urn Towers will be available at other Limerick graveyards and, eventually, throughout the country.Stephen Power of Urn Towers says that with space in city graveyards at a premium, cremation rates are increasing by up to 20 per cent every year.“A new grave can cost from €500 to €14,000. This does not cover the extras such as opening the grave, monument fees and headstone costs.A growing population and the influx of people to cities and towns is putting pressure on graveyards with many running out of space.  Cremation offers some relief on these issues.“Some families scatter the ashes in places where the deceased person had some attachment. However, other families would prefer to have a permanent place to visit and remember a loved one who has chosen cremation.“Urn Towers offer a real solution for this very modern dilemma”, he said. Email Linkedin Previous articleLocal interests in The Voice of Ireland this weekendNext articleMunster poets take this year’s Éigse Michael Hartnett Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.last_img read more

Questions asked after delay in attending Donegal house fire

first_img Twitter Facebook A Donegal County Councillor is demanding answers amid reports that fire crews were delayed responding to an emergency call out involving a house fire in Falcarragh this week. It’s understood that no fire crew from the nearby fire station was available at the time, resulting in fire personnel from Gaoth Dobhair and Letterkenny tending to the scene instead.It’s claimed that the property sustained significant damage owing to the delay.Local Cllr John Sheamais Ó Fearraigh serious questions need to be asked:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2018/08/johnsfhgfhgfhheam1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter Facebook Google+ Arranmore progress and potential flagged as population grows Questions asked after delay in attending Donegal house fire Previous articleGaoth Dobhair beat Glenswilly to move within point of titleNext articleDonegal Floods – One Year On News Highland Important message for people attending LUH’s INR clinic News, Sport and Obituaries on Monday May 24th By News Highland – August 22, 2018 center_img Pinterest WhatsApp Loganair’s new Derry – Liverpool air service takes off from CODA Pinterest AudioHomepage BannerNews RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+ Nine til Noon Show – Listen back to Monday’s Programme Community Enhancement Programme open for applicationslast_img read more

Federal student loans: The opportunity for members that credit unions are missing

first_imgHighlightsFederal student loan assistance is expiring and federal student loan payments begin again on December 31, 2020.  Helping CU members move onto Income Driven Repayment plans for their federal student debt is an obvious and under-utilized option for credit unions to help their members free up cash and reduce risk in their own loan portfolios.Why widespread defaults are comingIn March when the CARES Act was signed into law, it automatically suspended nearly all federal student loan payments until September 30. A Presidential Executive Order recently extended that reprieve until December 31, 2020.  In the months since loan payments were suspended, Americans have experienced dramatic financial changes. Today in the U.S., 17.8 million people are unemployed, 10.6 million people have been temporarily laid off, and 9.1 million people have been moved to part time work as a result of the pandemic. Come December 31st, we cannot assume that the 45 million Americans with federal student debt will be able to seamlessly resume their federal student loan payments. Behavioral science research tells us that a nine-month grace period like the one just implemented is a bear trap. Though it offers short-term financial relief for borrowers, nine months is enough time to significantly alter budgeting habits. We see that with student loan debt in particular, where recent graduates are given six months before they start their first payment after leaving school.  These student-borrowers tend to establish spending habits when they start work post-college, making the delayed start of the payments disruptive and hard to manage.Today’s thinking is not enough to protect CU members CU executives nationwide say they are taking a number of measures to help their members through this difficult financial period and to manage risk within CU loan portfolios. They are waiving fees, offering loan modifications, and expanding their teams’ bandwidth to provide members with the best support and resources during this time. Still, CUs acknowledge that is not enough to stop the anticipated flood of defaults, so they are dramatically increasing their loan-loss provisions. In fact, loan-loss provisions in the CU system are up more than 34%—meaning that CUs are setting aside an additional $2.2 billion to account for the auto loans, mortgages, and credit card payments they expect Americans will not be able to afford come November. And major banks are doing the same. Addressing federal student loan debt is an easy (and viable) win for CUsNormally federal student loan debt is not a central concern for CUs since the $1.6 trillion of debt is government-owned. But right now, it should be. Helping members manage their federal student loans will improve their ability to repay all the other debt that CUs do manage. Down the line, negative impact on credit scores and income-to-debt ratios will directly affect members’ ability to do new business with the CU. Credit unions who continue to ignore the largest, and by far the most problematic, debt category for adults under 30 will do so at their own peril.The federal government offers multiple repayment plan options that student-borrowers can take advantage of. If CUs start paying attention to these opportunities now, they can help their members with financial hardship lower their monthly federal student loan payments and free up cash for members to use on their CU-held loans after December 31st. That’s a clear win-win for the credit union and for its members.Not only does helping members manage their government-owned debt strengthen the personal relationship and trust between CU representatives and members, it also expands the financial relationship with greater access to wallet share.  While CUs may not own federal student loan debt, they certainly shouldn’t overlook it. Putting numbers to this opportunity Let’s say Taylor—a CU member and “median” student borrower—has $20,000 in federal student loan debt. That means Taylor was automatically put on a payment plan that cost her $200 each month.  With the right digital guidance, Taylor can move her loans onto an Income-Driven Repayment (IDR) plan. Based on national averages, this would cut Taylor’s monthly payment to $100 and free up $100 to pay other privately held loans like an auto-loan, maintaining her credit score in the process. And that good standing puts Taylor in a better position to pursue future financial services as her income recovers.The risk of ignoring members’ federal student loan debt this fallIf CUs don’t start thinking of federal student loan debt as a viable risk-management tool during these difficult financial times, members are unlikely to actively explore their repayment plan options this fall.  The holiday season inevitably brings distractions and financial strain. Federal loan repayments will restart at the end of the year and, without enough money to meet all of their debt obligations, members are likely to miss at least one of the monthly loan payments. This puts CU debt at risk and their members’ credit scores will drop, dramatically impacting the CU’s ability to do business with its members well into the future. Today, CUs have the opportunity to help members improve their financial health while managing risk to their business during the COVID-19 pandemic. Addressing members’ federal student loans is the opportunity that credit unions have been missing. Knowing that current debt management techniques like waived fees and restructuring debt will not be enough to stop the flood, credit unions have increased their loan-loss provisions by more than 34%. center_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Joseph Gracia Joseph Gracia is President and Founder of Nickels, a company that uses behavioral science to help guide student-borrowers through managing their federal student debt. Their whitelabel digital service can be … Web: www.asknickels.com Detailslast_img read more

How to spot and avoid phishing scams

first_imgThis is placeholder text continue reading » This post is currently collecting data… ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrcenter_img Have you ever received an email or text that just didn’t seem right? Maybe it was addressed to you and supposedly from a company you knew, but something felt a little off? It may have been a phishing scam.Phishing happens when fraudsters try to trick you into sharing personal information like passwords or credit card data. These scammers may try to get you to click a link for what you think is a legitimate business or offer. Then, they hope you’ll enter your information on their fake website, which oftentimes match the look of the legitimate website. The link may also download malicious software that could harm your computer and steal information stored on it. Once fraudsters have your information, they may use it to try to get into your existing accounts or open new accounts in your name.If you’ve clicked on a link you suspect was fraudulent, don’t be embarrassed. Scammers continue finding new ways to trick even the savviest among us. If you think you’ve given a scammer your information by accident, go to identitytheft.gov for specific steps to start your recovery from identity theft.last_img read more

Great night as Nelson Minor Hockey hands out awards

first_imgThe local hockey association gets a kick start on next season Tuesday, April 19th in the New Grand Hotel banquet room with the annual general meeting.Anyone wishing to have input in the direction of Nelson Minor Hockey should attend. Nelson Minor Hockey Association saluted its best, most improved and dedicated players during the annual banquet Wednesday at Mary Hall on the Selkirk College Tenth Street Campus.The banquet concluded another outstanding season for the Heritage City hockey organization.last_img read more

PRAT SWEEPS SATURDAY LATE PICK FOUR AS HE WINS GRADE II, $200,000 SAN MARCOS STAKES ABOARD LONGSHOT ISOTHERM; TRAINED BY WEAVER, HE WINS BY A HALF LENGTH WHILE GETTING 1 ¼ MILES ON TURF IN 2:00.23

first_imgARCADIA, Calif. (Feb. 4, 2017)–French-born sensation Flavien Prat greatly expanded his glowing resume on Saturday at Santa Anita, as he swept the track’s Late Pick Four by guiding longshot Isotherm to a half length win in the Grade II, $200,000 San Marcos Stakes.  Run at a mile and a quarter on turf, Isotherm, who is trained by George Weaver, got the distance 2:00.23.Fourth in the Grade II Mathis Brothers Mile (turf) here on Dec. 26, Isotherm was dispatched today at 7-1 in a field of nine older horses and paid $17.20, $10.40 and $7.20.In a thrilling stretch drive, Isotherm who had been mid-pack early, overhauled French-bred Itsinthepost and Tyler Baze to gain the ascendency close home.“I was hoping he would break well, and he did, so I kinda used that to my advantage,” said Prat, who now leads Tyler Baze in the Winter Meet standings by a 28-21 margin through 24 racing days.  “We didn’t go that fast so I was sitting just behind the pace and thought he’d have a good shot.  It worked out well.  Today, I knew I had some good shots.  Everything worked out really well and I’m pretty lucky.”Itsinthepost, who pressed A Red Tie Day while running second to the far turn, took command approaching the sixteenth pole, but was immediately tackled by the winner and had to settle for second, finishing two lengths in front of Flamboyant.Off at 8-1, Itsinthepost paid $9.40 and $6.60.Flamboyant, who was also bred in France, closed good ground under Brice Blanc and was up by a nose over Hi Happy for third.  Off at 6-1, Flamboyant paid $5.20 to show.Fractions on the race were 24.34, 49.07, 1:13.71 and 1:37.14.(The Flavien Prat-Late Pick Four paid $421.45).There is an early “Big Game Sunday” first post time at Santa Anita tomorrow of 11 a.m. for an eight-race program.last_img read more