ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » It seems as though risk-based lending and taking on more credit risk are perceived to be an easy way for credit unions to boost their growth during times of economic expansion. Yet it’s not as easy as it appears to be.After being in the lending business 35 years and spending 30 years at the senior management level, I’ve developed what I call “lender’s inferiority complex.” When times are good, the feedback is that you’re not doing well enough. If your credit union is growing loans at 12 percent, you get asked why you’re not growing at 20 percent like the financial institution down the street.There are good reasons for credit unions to be cautious about risk-based lending, even when economic times are good. As we approach the end of a record-length economic expansion, I’m going to write several installments of this column about how to explain the value of caution in risk-based lending to your colleagues, as thoughtful lending will be even more important as the economy shifts. I hope these will be helpful as you assess your portfolios and explain to your colleagues what you’re doing.
MARSHALLTOWN, Iowa (April 8) – Close finishes in all four feature events highlighted season-opening Frostbuster action Friday at Marshalltown Speedway.Kyle Brown took the early lead and then held off late pressure from his father David and Josh Gilman on his way to the Xtreme Motor Sports IMCA Modified victory.Kyle Brown, who was inches behind Nick Roberts at the completion of the first lap, inherited the lead when Roberts spun a short time later to bring out the caution.Brown took advantage on the restart and built a half-straightaway lead by the time David Brown made his way into second on the sixth of 25 laps. He maintained that advantage until he encountered lapped traffic with 11 laps to go.Traffic was no longer a factor after caution slowed action a final time with four laps remaining. The straightaway Gilman trailed the leader also disappeared.When racing resumed, Kyle Brown held off Gilman by less than a car-length to take the victory with David Brown close behind. Tim Ward raced from 18th starting to fourth.The $1,000 win was Kyle Brown’s third of the season and second in two events during the extended Frostbuster Week.Damon Murty also inherited the early lead in the IMCA Sunoco Stock Car headliner. Although he started in row three, Murty took over the pole position following a first lap caution that shuffled the lineup.Murty held serve throughout two more stoppages while Donavon Smith worked through the field after starting in the sixth row.Smith pulled alongside Murty as the leaders exiting turn four on the final lap. He surged past Murty at the stripe to steal the victory, his career 99th in the division.Randy Roberts took top honors in the Karl Chevrolet Northern SportMod feature. Roberts battled three-wide with early leader Tyler Soppe and Sam Wieben before breaking free on lap eight.Wieben chased Roberts through traffic, but was unable to mount a charge as Roberts held on for victory in the caution-free event.Dustin Elliott was victorious in the IMCA Sunoco Hobby Stock 20-lapper. Elliott battled Nathan Ballard and Benji Irvine before Eric Stanton made a late bid for the lead.Elliott was able to hold on by less than a carlength to take home the win.Feature Results Modifieds – 1. Kyle Brown, State Center; 2. Josh Gilman, Earlham; 3. David Brown, Kellogg; 4. Tim Ward, Gilbert, Ariz.; 5. Ronn Lauritzen, Jesup; 6. Tad Reutzel, Burt; 7. Scott Davis, Madrid; 8. Cayden Carter, Oskaloosa; 9. Ricky Thornton Jr., Chandler, Ariz.; 10. Troy Cordes, Dunkerton; 11. Trent Jackson, Marshalltown; 12. Bryce Garnhart, Shannon, Ill.; 13. Nick Roberts, Des Moines; 14. Mike Mueller, Rosendale, Wis.; 15. Scott Simatovich, State Center; 16. Joel Rust, Grundy Center; 17. Vern Jackson, Waterloo; 18. Brandon Brinton, Nevada; 19. Racer Hulin, Laurel; 20. Tom Berry Jr., Medford, Ore.; 21. Josh Foster, Newton; 22. Jacob Murray, Hartford; 23. Lance Mari, Imperial, Calif.; 24. Gatlin Leytham, Ames; 25. Zach Rawlins, Newton.Stock Cars – 1. Donavon Smith, Lake City; 2. Damon Murty, Chelsea; 3. Steve Meyer, Grundy Center; 4. Tyler Pickett, Boxholm; 5. Jay Schmidt, Tama; 6. Donavon Nunnikhoven, Sully; 7. Jared Daggett, Marshalltown; 8. Scooter Dulin, Cedar Rapids; 9. Kevin Balmer, Garwin; 10. Russell Damme Jr., Waterloo; 11. Curt Balmer, Green Mountain; 12. Cody Frerichs, Howard Lake, Minn.; 13. Jeff Wollam, Marshalltown; 14. Michael Bilyeu, Indianola; 15. Jerry Schipper, Dike; 16. Ben Walding, Des Moines; 17. Don Vis, Marshalltown; 18. Todd Reitzler, Grinnell; 19. Trent Murphy, Scranton; 20. Austin Evens, Independence.Hobby Stocks – 1. Dustin Elliott, Marshalltown; 2. Eric Stanton, Carlisle; 3. Benji Irvine, Stanley; 4. Derek Hodges, Des Moines; 5. John Watson, Des Moines; 6. Garrett Eilander, Newton; 7. Justin Wacha, Vinton; 8. Justin Lichty, Waterloo; 9. Gene Nicklas, Grinnell; 10. Dustin Graham, Boone; 11. Gary Pfantz, State Center; 12. Dustin Filloon, Toledo; 13. Jack Phillips, Mitchellville; 14. Shawn Kuennen, Hazleton; 15. Clint Nelson, Baxter; 16. David Simpson, Ankeny; 17. Randy Byerly, Tipton; 18. Brandon Pitts, Ames; 19. Brian Derry, Boone; 20. Travis Merical, Marshalltown; 21. Kyle Dulin, Brandon; 22. Craig Lovig, Marshalltown; 23. Nathan Ballard, Marengo; 24. Tim Barber, Story City; 25. Greg Gilbert, Osceola; 26. Justin Hanson, Hawkeye; 27. Kevin Derry, Indianola; 28. Andy Peck, Newton.Northern SportMods – 1. Randy Roberts, Boone; 2. Sam Wieben, Dysart; 3. Tyler Soppe, Sherrill; 4. Carter VanDenBerg, Oskaloosa; 5. Jake McBirnie, Boone; 6. Zach McKinnon, Hatley, Wis.; 7. Chase Rudolf, Norwalk; 8. Johnathon Logue, Boone; 9. Adam Armstrong, Beatrice, Neb.; 10. Kyle Olson, Cedar Rapids; 11. Tony Olson, Cedar Rapids; 12. Cory Rose, Boone; 13. Ethan Braaksma, Newton; 14. Clint Luellen, Minburn; 15. Austin Luellen, Minburn; 16. Brandon Spagner, Crete, Neb.; 17. Michael Murphy, Jefferson; 18. Shawn Cooney, Des Moines; 19. Nate Whitehurst, Mason City; 20. Josh Appel, Mason City; 21. Neil Follett, Conrad; 22. Ryan King, Montour; 23. Jared Van Deest, Holland; 24. Curt Hilmer, Dysart.
On recently finished World Championship held in Saragossa, Bosnian U-17 representation won the 9th place, and the best player was Dzanan Musa.As reported by Sport1, Musa was selected as one of the All-Star Five, and FIBA highlighted his best moves on their YouTube channel.Musa also won in other statistical categories. Bosnian basketball player scored a total of 34 points in average, and scored 238 points in total. As comparison, second on the list is Jaylen Hoard with 157 points in total.Musa had the best valorization of all players, and also caught ball 8.4 times in average with 3 assistances per match. Besides that, he broke the record of World Championships with 50 scored points during one match.(Source: radiosarajevo)