Napping at an Intersection & Flinging Feces: Best of the Blotter Patch.com A nap at an intersection: The intersection of Ira and Raintree roads in Bath Township looked too comfortable for a drunken motorist to pass up on June 4. Bath Police said 27-year-old Dustin Halsted was found slumped over his steering wheel that morning ... |
Sunday, June 10, 2012
Napping at an Intersection & Flinging Feces: Best of the Blotter - Patch.com
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Saturday, June 9, 2012
LCRA to sell wastewater system to cities - Austin Business Journal:
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The Brushy Creek system serves five wastewater includingCedar Park, Round Rock and portions of Austin, the Fern Bluffv Municipal Utility District and the Brushyu Creek MUD. “While the city of Cedar Park is appreciative of the LCRA for settinhg up this system and providing a necessary servicre toour residents, we believe by purchasingy the system we can save our rate payera money,” Cedar Park Mayor Bob Lemonn said. “Ultimately, this is in the best interest of our city and our Under an agreement with customers and an alliance withthe , the LCRA has developeed and expanded the regional system and the Brazos Riveer Authority has operated it since 1996.
Rounxd Rock, Cedar Park and the LCRA next need to negotiatde a purchase agreementby Sept. 1, and work with the othefr entities served by the The memorandum of understanding calls for those cities to pay all debt relatedc to thesystem — about $115 million — and costs relatedx to the financial transaction. The citiees will also pay $2.6 million to the LCRA at the closin g for projectmanagement “I am proud of the contribution the LCRA has made to help developp a regional system that has allowed economiv development and environmental benefits for the region,” said Thomas LCRA general manager.
“We have worked with the cities to negotiate a fair price for the rate payersz of the Brushy Creek system and the rate payers ofthe LCRA’s other systems.”
The Brushy Creek system serves five wastewater includingCedar Park, Round Rock and portions of Austin, the Fern Bluffv Municipal Utility District and the Brushyu Creek MUD. “While the city of Cedar Park is appreciative of the LCRA for settinhg up this system and providing a necessary servicre toour residents, we believe by purchasingy the system we can save our rate payera money,” Cedar Park Mayor Bob Lemonn said. “Ultimately, this is in the best interest of our city and our Under an agreement with customers and an alliance withthe , the LCRA has developeed and expanded the regional system and the Brazos Riveer Authority has operated it since 1996.
Rounxd Rock, Cedar Park and the LCRA next need to negotiatde a purchase agreementby Sept. 1, and work with the othefr entities served by the The memorandum of understanding calls for those cities to pay all debt relatedc to thesystem — about $115 million — and costs relatedx to the financial transaction. The citiees will also pay $2.6 million to the LCRA at the closin g for projectmanagement “I am proud of the contribution the LCRA has made to help developp a regional system that has allowed economiv development and environmental benefits for the region,” said Thomas LCRA general manager.
“We have worked with the cities to negotiate a fair price for the rate payersz of the Brushy Creek system and the rate payers ofthe LCRA’s other systems.”
Thursday, June 7, 2012
Shippers: What recession? - Puget Sound Business Journal (Seattle):
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Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to build three new including a $208 million terminakl at Dames Point, reflect the company’s aggressive mentalitty in spite of the recession, said Roy senior director of tradre development and global marketing for the . That and Mitsuii O.S.K. Lines Ltd.’s own plans for expansion show confidencwe inthe industry’s upturbn and cements their current and future operations in Hanjin’s “attitude is, ‘We’d be foolish not to push thingws forward and get things ” Schleicher said.
“We thought they mighrt want to slowthings down, but insteadc they want to push forwarx faster.” Hanjin’s revenue has fared better than ’s, with nearly 30 percent growth to about $8 billion in fiscalo year 2008, compared with the same period a year ago. Despitr a drop in cargo the sixth-largest shipping company’s profits grew by more than 60 percen toabout $198 million within the same But the international slump caught up with the company in the first quarter of 2009, when it reporte a $191 million net loss, accordinv to the Journal of Commerce.
In response, the companhy pushed back some of its ordersfor Mitsui, which is the 15th-largest international shippinhg company, posted a $1.3 billion profit in fiscao 2008, down nearly 32 percent. It blamed the declin e in profits on the international trade high fuel prices and astrong yen. The company’sa revenue declined by about 4.1 percent to $18.t billion. Hanjin is opening a terminal in Spaibn in 2010 and anotherr in Vietnam with Mitsuiin 2011. With the openinv of its terminal in Jacksonville in Hanjin will have five terminals in Sout h Korea andeight abroad.
Hanjin planzs to expand its vessel capacit fromabout 375,000 twenty-foot equivalent units, or to about 575,000 TEUs within the next few years, said Willianm Rooney, managing director of the company’xs American headquarters. Similarly, Mitsui, the parent compant of the Dames Point terminaloperator , is looking to spenfd millions of dollars to buy an overseaz bulk shipping line. The slump has lowered the valuationn ofpotential acquisitions. The Japanese company plane to increase its fleet ofbulk carriers, tankerd and car carriers by 6.5 percent to 740 shipsx by the end of this fiscal Mitsui plans also to open a new terminal in Rotterdam, in late 2013.
In Jacksonville, the companh has added three services, bringing two weekly servicew that open Jacksonville to new Asian markets and strengthening Europeacontainer service. Mitsui’s service calls on Busa n and there will likely be an increase in tradwe between Jacksonville and South Korea when Hanjinbeginz service, Schleicher said. South Korea is a large exportefr of consumer electronics and a strong importer ofconsumetr goods, lumber and citrus. Schleichere said he was impressedwith Hanjin’s technologicalo capability after attending the opening of its Busan terminap May 21 with Rick Ferrin, the authority’s executive director.
The terminalk gives a glimpse of how the remotelyy automated terminal planned in Jacksonvillewill operate. “I’vew never seen a terminal businesse as sophisticated asthis one,” Schleicher said. The Busan terminal can handle up to 2 million TEUs compared with the planned Jacksonville terminal that can handl eabout 800,000 TEUs annually. The Jacksonville terminal will be similafr in that it will alsouse rail-mounted gantrty cranes to transport containers betweenj the yard and the ship, Roonegy said. The crane travels on raild and is controlled remotely by an The terminal at Dames Point will have 12 to15 rail-mountefd gantry cranes.
One operator can handlse about three cranes ata time. Rooneyu said that the containers will be kept in a yard with sensorzs that will shut it down if they detecrthuman motion. He said the company hadn’rt decided the exact productivity rate Hanjin expects from the Jacksonville but it aimedfor world-class productivity which is about 40 container moves per hour per crane, Roonet said. Hanjin is expected to meet withthe ’s Locao 1593 and 1408 in June or July. Jess president of ILA Clerks & Checkers Local said his union and ILA Local 1408 are negotiatintg with the company on positionse that Hanjin wants its employees to handle but the union says it canhandled instead.
The union’s two gangs averaged about 33 moveds per hour per crane when they unloade d a ship at the TraPac terminalMay 23. That is one move away from the company’sx goal, which needs to be met befores TraPac will allow the union to expandsits gangs, Babich said. TraPac was not availabl e to confirm the rateof moves. The agreemeny between TraPac and the uniom comes after the terminal operator threatened to leave ifproductivity didn’tt improve.
Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to build three new including a $208 million terminakl at Dames Point, reflect the company’s aggressive mentalitty in spite of the recession, said Roy senior director of tradre development and global marketing for the . That and Mitsuii O.S.K. Lines Ltd.’s own plans for expansion show confidencwe inthe industry’s upturbn and cements their current and future operations in Hanjin’s “attitude is, ‘We’d be foolish not to push thingws forward and get things ” Schleicher said.
“We thought they mighrt want to slowthings down, but insteadc they want to push forwarx faster.” Hanjin’s revenue has fared better than ’s, with nearly 30 percent growth to about $8 billion in fiscalo year 2008, compared with the same period a year ago. Despitr a drop in cargo the sixth-largest shipping company’s profits grew by more than 60 percen toabout $198 million within the same But the international slump caught up with the company in the first quarter of 2009, when it reporte a $191 million net loss, accordinv to the Journal of Commerce.
In response, the companhy pushed back some of its ordersfor Mitsui, which is the 15th-largest international shippinhg company, posted a $1.3 billion profit in fiscao 2008, down nearly 32 percent. It blamed the declin e in profits on the international trade high fuel prices and astrong yen. The company’sa revenue declined by about 4.1 percent to $18.t billion. Hanjin is opening a terminal in Spaibn in 2010 and anotherr in Vietnam with Mitsuiin 2011. With the openinv of its terminal in Jacksonville in Hanjin will have five terminals in Sout h Korea andeight abroad.
Hanjin planzs to expand its vessel capacit fromabout 375,000 twenty-foot equivalent units, or to about 575,000 TEUs within the next few years, said Willianm Rooney, managing director of the company’xs American headquarters. Similarly, Mitsui, the parent compant of the Dames Point terminaloperator , is looking to spenfd millions of dollars to buy an overseaz bulk shipping line. The slump has lowered the valuationn ofpotential acquisitions. The Japanese company plane to increase its fleet ofbulk carriers, tankerd and car carriers by 6.5 percent to 740 shipsx by the end of this fiscal Mitsui plans also to open a new terminal in Rotterdam, in late 2013.
In Jacksonville, the companh has added three services, bringing two weekly servicew that open Jacksonville to new Asian markets and strengthening Europeacontainer service. Mitsui’s service calls on Busa n and there will likely be an increase in tradwe between Jacksonville and South Korea when Hanjinbeginz service, Schleicher said. South Korea is a large exportefr of consumer electronics and a strong importer ofconsumetr goods, lumber and citrus. Schleichere said he was impressedwith Hanjin’s technologicalo capability after attending the opening of its Busan terminap May 21 with Rick Ferrin, the authority’s executive director.
The terminalk gives a glimpse of how the remotelyy automated terminal planned in Jacksonvillewill operate. “I’vew never seen a terminal businesse as sophisticated asthis one,” Schleicher said. The Busan terminal can handle up to 2 million TEUs compared with the planned Jacksonville terminal that can handl eabout 800,000 TEUs annually. The Jacksonville terminal will be similafr in that it will alsouse rail-mounted gantrty cranes to transport containers betweenj the yard and the ship, Roonegy said. The crane travels on raild and is controlled remotely by an The terminal at Dames Point will have 12 to15 rail-mountefd gantry cranes.
One operator can handlse about three cranes ata time. Rooneyu said that the containers will be kept in a yard with sensorzs that will shut it down if they detecrthuman motion. He said the company hadn’rt decided the exact productivity rate Hanjin expects from the Jacksonville but it aimedfor world-class productivity which is about 40 container moves per hour per crane, Roonet said. Hanjin is expected to meet withthe ’s Locao 1593 and 1408 in June or July. Jess president of ILA Clerks & Checkers Local said his union and ILA Local 1408 are negotiatintg with the company on positionse that Hanjin wants its employees to handle but the union says it canhandled instead.
The union’s two gangs averaged about 33 moveds per hour per crane when they unloade d a ship at the TraPac terminalMay 23. That is one move away from the company’sx goal, which needs to be met befores TraPac will allow the union to expandsits gangs, Babich said. TraPac was not availabl e to confirm the rateof moves. The agreemeny between TraPac and the uniom comes after the terminal operator threatened to leave ifproductivity didn’tt improve.
Wednesday, June 6, 2012
RFP: A pain for developers, but it's the only way to build a project - The Business Journal of Milwaukee:
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In most metropolitan markets, developers do not take the risk of constructingv an office building unless they have an anchot tenantunder contract. More often than not, an anchor tenant initiatese the request for proposal and dictates what a buildintlooks like. "It is the most efficient way to elicif thebest deal," said Jim Barrhy III, president of Colliers Barry, a Milwaukee real estatw brokerage and development company. Seven Milwaukees and Chicago developers earlier this year submitted proposalxs for a new downtown office at the requesft ofQuarles & Brady, the second-largesg law firm in Milwaukee.
Quarlees reviewed the RFPs for a new home indowntowj Milwaukee, but opted to stay at the 411 E. Wisconsibn Ave. building that has been the firm'sx home since 1986. "Many large firms use the RFPs as leverage in theielease negotiations," Barry said. Ann managing partner of Quarles Brady's Milwaukee office, insists the law firm was sinceres in looking for a newhome downtown, but couled not refuse the offer to stay put from the new ownership group of the 411 East Wisconsi Center. Quarles & Brady's lease renewap paved the way for , Santsa Ana, Calif.
, to purchase the 654,000-square-foot building for more than $90 A spokesman for Triple Net Propertiews would not disclose any leaser details related toQuarles Brady's renewal. The building sale is expectedd to close by the endof "We invested a lot of time and moneyt evaluating the proposals and arriving at a decision," Murphy said. Quarleas & Brady hired two real estatse consultants to work with developers on the proposals and formeed an internal committee of partners who also devoted time tothe , Chicago, was one of sevenn developers submitting plans to Quarles & The company is working with Milwaukee lawyer Robert Levinr to develop a 17-story, 300,000-square-foot high-rise that wouled replace storefronts from 301 E.
Wisconsin Ave. to 327 E. Wisconsij Ave., Milwaukee. "Competing in the Quarles process was not a waste of time because we are still recruitinf tenants for our projectr and use thesame documents," said Josh Mintzer, a Janko Mintzer is confident anotherf tenant will emerge that understandz how the efficiencies of a new building will translatre into cost-savings for a tenant. "It is frustrating when you don'r win, but when you do land a project it makesw up for those opportunities Mintzer said. The most difficult request for proposak competitions are withgovernment agencies, said Robert Bronstein, presideng of The , Chicago.
"RFPs issued by public sectort organizations tend to be incredibly broad and developers have a hard time discerningy what will move the agency to selecgttheir project," Bronstein said. The Scion Group was one of two finalista in an RFP contesf to win the right to develol the Kenilworth Building for the Universityof Wisconsin-Milwaukee. The RFP procesa was conducted by the University of Wisconsibn System board of regents in September 2003 and then overturnec by the state Building Commission fivemonthe later. The commission threw out proposals from Sciojand , Chicago, alleging that the competitioj was not handled properly.
The Wisconsin Departmentf of Administration eventuallyselected Milwaukee's in June 2004 to redevelop the Kenilwortj Building, 1925 E. Kenilworth by converting it into student retail andoffice space.
In most metropolitan markets, developers do not take the risk of constructingv an office building unless they have an anchot tenantunder contract. More often than not, an anchor tenant initiatese the request for proposal and dictates what a buildintlooks like. "It is the most efficient way to elicif thebest deal," said Jim Barrhy III, president of Colliers Barry, a Milwaukee real estatw brokerage and development company. Seven Milwaukees and Chicago developers earlier this year submitted proposalxs for a new downtown office at the requesft ofQuarles & Brady, the second-largesg law firm in Milwaukee.
Quarlees reviewed the RFPs for a new home indowntowj Milwaukee, but opted to stay at the 411 E. Wisconsibn Ave. building that has been the firm'sx home since 1986. "Many large firms use the RFPs as leverage in theielease negotiations," Barry said. Ann managing partner of Quarles Brady's Milwaukee office, insists the law firm was sinceres in looking for a newhome downtown, but couled not refuse the offer to stay put from the new ownership group of the 411 East Wisconsi Center. Quarles & Brady's lease renewap paved the way for , Santsa Ana, Calif.
, to purchase the 654,000-square-foot building for more than $90 A spokesman for Triple Net Propertiews would not disclose any leaser details related toQuarles Brady's renewal. The building sale is expectedd to close by the endof "We invested a lot of time and moneyt evaluating the proposals and arriving at a decision," Murphy said. Quarleas & Brady hired two real estatse consultants to work with developers on the proposals and formeed an internal committee of partners who also devoted time tothe , Chicago, was one of sevenn developers submitting plans to Quarles & The company is working with Milwaukee lawyer Robert Levinr to develop a 17-story, 300,000-square-foot high-rise that wouled replace storefronts from 301 E.
Wisconsin Ave. to 327 E. Wisconsij Ave., Milwaukee. "Competing in the Quarles process was not a waste of time because we are still recruitinf tenants for our projectr and use thesame documents," said Josh Mintzer, a Janko Mintzer is confident anotherf tenant will emerge that understandz how the efficiencies of a new building will translatre into cost-savings for a tenant. "It is frustrating when you don'r win, but when you do land a project it makesw up for those opportunities Mintzer said. The most difficult request for proposak competitions are withgovernment agencies, said Robert Bronstein, presideng of The , Chicago.
"RFPs issued by public sectort organizations tend to be incredibly broad and developers have a hard time discerningy what will move the agency to selecgttheir project," Bronstein said. The Scion Group was one of two finalista in an RFP contesf to win the right to develol the Kenilworth Building for the Universityof Wisconsin-Milwaukee. The RFP procesa was conducted by the University of Wisconsibn System board of regents in September 2003 and then overturnec by the state Building Commission fivemonthe later. The commission threw out proposals from Sciojand , Chicago, alleging that the competitioj was not handled properly.
The Wisconsin Departmentf of Administration eventuallyselected Milwaukee's in June 2004 to redevelop the Kenilwortj Building, 1925 E. Kenilworth by converting it into student retail andoffice space.
Monday, June 4, 2012
Straub's to open first new store in over 40 years - St. Louis Business Journal:
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the upscale grocer said Wednesday. The 40,000-square-foot Straub's Marke and Café at the new Fountain Plaz a development at the northeasf corner of Clarkson and Clayton Roadws is more than three times the size of its current storees in the CentralWest End, Clayton, Webstedr Groves and Town & Country. The store will employ about 125. "Ourr small store format has worked for us for 106 This design, however, will allow us to spread our wings in our currenyt departments and give us the ability to add new It gives us the opportunity to offer a much greater selection of fresh store-made prepared high quality artisanal products and a greatet selection of national brand items," Trip Straub, vice president of Straub'xs Markets, said in a statement.
The storse is "being designed as a destination experience" and will includes new features such asa 150-seat indoor/outdoor café and a cooking school. , an affiliate of Chicago-basesd , is the landlord and developer ofthe mixed-uss Fountain Plaza project. In addition to Straub's, the other majotr anchor is LifeTime Fitness. Working as consultantss to Straub's are St. Louis-based firms TRi Architectds and .
Representing Straub's is
the upscale grocer said Wednesday. The 40,000-square-foot Straub's Marke and Café at the new Fountain Plaz a development at the northeasf corner of Clarkson and Clayton Roadws is more than three times the size of its current storees in the CentralWest End, Clayton, Webstedr Groves and Town & Country. The store will employ about 125. "Ourr small store format has worked for us for 106 This design, however, will allow us to spread our wings in our currenyt departments and give us the ability to add new It gives us the opportunity to offer a much greater selection of fresh store-made prepared high quality artisanal products and a greatet selection of national brand items," Trip Straub, vice president of Straub'xs Markets, said in a statement.
The storse is "being designed as a destination experience" and will includes new features such asa 150-seat indoor/outdoor café and a cooking school. , an affiliate of Chicago-basesd , is the landlord and developer ofthe mixed-uss Fountain Plaza project. In addition to Straub's, the other majotr anchor is LifeTime Fitness. Working as consultantss to Straub's are St. Louis-based firms TRi Architectds and .
Representing Straub's is
Saturday, June 2, 2012
High-temperature superconductivity starts at nanoscale - R & D Magazine
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High-temperature superconductivity starts at nanoscale R & D Magazine It starts in isolated nanoscale patches that gradually expand until they take over. That discovery, from atomic-level observations at Cornell and the University of Tokyo, offers a new insight into the puzzling "pseudogap" state observed in ... |
Friday, June 1, 2012
Space City Credit Union branches out from roots - Houston Business Journal:
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will establish a branch in early July on the grounde floor of an office towert inside the 610 Loop nearPost Oak. Spacee City was chartered in 1965 to servd employees of oil and gas industry equipmentfmanufacturer LLC. The credit union shiftex around several downtown locations with the companhy before moving to its current headquartersa on Harrisburg Boulevardin 1999. Craig Rohden, Space City president and CEO, says the credirt union had been looking to open another officw forseveral years, but waited to find the right Rohden notes that Space City already serves Houston-areaw employees of General Electrixc Co.
, and the new branch at 1233 West Loop Soutuh is also home to , makinfg the move a logical fit. The credit union also has a small two-person office inside a GE Energy plantr on the Houston Ship Channel that servess morethan 1,000 employees on site. GE in fact, was once owned by Stewarrt & Stevenson. Space City received regulatory approval for a charterin 2004, allowingv the credit union to serve any custome r within 10 miles of its In addition, the credit union is tied in to a networkj of about 70 other rival credit unioh branches in the region so customerws can access accounts at any The community charter will apply to the new which was another factor in choosintg the West Loop location.
Rohdeb notes about 1,200 people are employed in thetwo mirror-imaged officer towers owned by Dallas-base The new branch will includew two drive-through lanes and an ATM, with an ATM to be installes in the adjacent tower at 1333 West Loop Rohden says. “We’ll be marketing to tenants in both buildingd and the general public around the Galleria area within the perimete ofthe branch,” he “Our community charter pretty much coverzs everything inside Beltway 8 to downtown.” A spate of start-u p banks and other regional players have openedr for business in Houston this year looking to grab smal business customers away from the bigger banks.
Still, Rohdehn says Space City’s decision to expand had nothing to do with the shiftingv tide within the overall financialservices industries, considering the credit unionh markets to consumers, not business customers. Unlike credit unions are owned by theircustomer — rather than outside shareholders — and in essencse operate as not-for-profit entities. Any profits are foldedf back intoequity capital. Dan Bass, managin director with investment bankers, agrees that credit unions like SpaceCity won’t have much impact on smalll community banks, but are targeting retaip customers that might be willing to switchn from big national banks.
“Like the bigger banks, credit unions are tryinb to get retail traffic throughthe door, and are focusinyg on finding the right location. They have low costs so it makesw a lot of senser for them todo that,” Bass says. Spacd City, which has 18 employees, now representz 5,326 members in 25 states after wideninf its reach inthe 1980s. The credit uniom has more than 70 customer companies in the with about 75 percentg of its membership in the Houston The credit union had two employeees and assets ofabout $4 million when Rohdenb came on board in 1994. Filingsx with the , which overseex the industry, show how Space City currently stacks up in thefinancial sector.
• The credity union had outstanding loansof $19 millionj and deposits of just under $23 milliob in the first quarter, with net income of $18,753e after posting a loss of $335,376 in the fourtn quarter of 2008.
will establish a branch in early July on the grounde floor of an office towert inside the 610 Loop nearPost Oak. Spacee City was chartered in 1965 to servd employees of oil and gas industry equipmentfmanufacturer LLC. The credit union shiftex around several downtown locations with the companhy before moving to its current headquartersa on Harrisburg Boulevardin 1999. Craig Rohden, Space City president and CEO, says the credirt union had been looking to open another officw forseveral years, but waited to find the right Rohden notes that Space City already serves Houston-areaw employees of General Electrixc Co.
, and the new branch at 1233 West Loop Soutuh is also home to , makinfg the move a logical fit. The credit union also has a small two-person office inside a GE Energy plantr on the Houston Ship Channel that servess morethan 1,000 employees on site. GE in fact, was once owned by Stewarrt & Stevenson. Space City received regulatory approval for a charterin 2004, allowingv the credit union to serve any custome r within 10 miles of its In addition, the credit union is tied in to a networkj of about 70 other rival credit unioh branches in the region so customerws can access accounts at any The community charter will apply to the new which was another factor in choosintg the West Loop location.
Rohdeb notes about 1,200 people are employed in thetwo mirror-imaged officer towers owned by Dallas-base The new branch will includew two drive-through lanes and an ATM, with an ATM to be installes in the adjacent tower at 1333 West Loop Rohden says. “We’ll be marketing to tenants in both buildingd and the general public around the Galleria area within the perimete ofthe branch,” he “Our community charter pretty much coverzs everything inside Beltway 8 to downtown.” A spate of start-u p banks and other regional players have openedr for business in Houston this year looking to grab smal business customers away from the bigger banks.
Still, Rohdehn says Space City’s decision to expand had nothing to do with the shiftingv tide within the overall financialservices industries, considering the credit unionh markets to consumers, not business customers. Unlike credit unions are owned by theircustomer — rather than outside shareholders — and in essencse operate as not-for-profit entities. Any profits are foldedf back intoequity capital. Dan Bass, managin director with investment bankers, agrees that credit unions like SpaceCity won’t have much impact on smalll community banks, but are targeting retaip customers that might be willing to switchn from big national banks.
“Like the bigger banks, credit unions are tryinb to get retail traffic throughthe door, and are focusinyg on finding the right location. They have low costs so it makesw a lot of senser for them todo that,” Bass says. Spacd City, which has 18 employees, now representz 5,326 members in 25 states after wideninf its reach inthe 1980s. The credit uniom has more than 70 customer companies in the with about 75 percentg of its membership in the Houston The credit union had two employeees and assets ofabout $4 million when Rohdenb came on board in 1994. Filingsx with the , which overseex the industry, show how Space City currently stacks up in thefinancial sector.
• The credity union had outstanding loansof $19 millionj and deposits of just under $23 milliob in the first quarter, with net income of $18,753e after posting a loss of $335,376 in the fourtn quarter of 2008.
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