BUSINESS BRIEF Glenn Strauss Joins Reading Cooperative Bank as SVPChief Lending Officer

first_img(NOTE: Reading Cooperative Bank has two locations in Wilmington — 230 Lowell Street and 352 Middlesex Avenue.)READING, MA — Reading Cooperative Bank (RCB) is pleased to announce that Glenn Strauss has joined the bank as its new Senior Vice President and Chief Lending Officer. Glenn is a highly experienced bank lending professional, having come to RCB from Salem Co-operative Bank in Salem, NH, where he worked as a Senior Vice President/Senior Commercial Lending Officer and Department Head. While at Salem Co-operative, Glenn handled all aspects and activities for the Commercial Lending Division, including sales and portfolio growth, customer retention, loan servicing, budgeting, and strategic planning.Glenn also worked more than 15 years at Pentucket Bank in Haverhill, MA as the Senior Vice President/Massachusetts Market Manager and Commercial Loan Team Leader. While there, Glenn managed a team of commercial lenders, servicing both new and existing commercial and consumer relationships through a strong referral network and market presence.Some of Glenn’s other past employers include U.S. Trust (Assistant Vice President, Commercial Loans) in Woburn, MA, Family Bank, FSB (Commercial Loan Officer) in Haverhill, MA, and Malden Mills Industries, Inc. (Credit Officer) in Burlington and Dedham, MA.Glenn is a longtime Wakefield resident and is highly active in the community. He was on the Board of Directors at the Boys and Girls Club of Greater Salem; is a member of the Greater Salem Chamber of Commerce; and is a Loan Advisory Board Member at the Merrimack Valley Planning commission. Glenn graduated from Bentley University with a BS in Business Administration and a concentration in Finance.“It’s a pleasure to join an institution that values its community and seeks to bring cooperative banking back to its roots,” said Glenn. “The personalized touch that is RCB’s brand is something that really speaks to me. I look forward to contributing my own verse as I join a top-notch team that is building something truly special.”“We’re really fortunate to have Glenn here at such an exciting time in the bank’s history,” said RCB President & CEO Julie Thurlow. “I have no doubt that his broad lending experience, creative aptitude and penchant for leadership will help us reach the short-and-long-term goals that we and our owners/depositors strive for.”About Reading Cooperative BankReading Cooperative Bank is a depositor owned co-operative founded in 1886. This community-centric North Shore financial service provider has branches in Reading, Wilmington, North Reading, Andover, and Burlington. They also operate teaching branches at Northeast Metro Tech in Wakefield (open to the public) and at Reading Memorial High School (students and staff only), as well as an online branch at http://www.readingcoop.com.(NOTE: The above press release is from Reading Cooperative Bank.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Thank You To Our Sponsor:Share this:TwitterFacebookLike this:Like Loading… RelatedReading Cooperative Bank Hires Elizabeth Trifone As New Vice President & Commercial Loan OfficerIn “Business”Reading Cooperative Bank Welcomes 4 New Staff MembersIn “Business”BUSINESS BRIEF: Reading Cooperative Bank Announces 3 New Branch Managers, Including Changes In WilmingtonIn “Business”last_img read more

Insurers Offer Recovery Advice To Texans Impacted By Hurricane Harvey

first_imgPCI Resources:2017 Interactive Home Inventory GuidePCI 2017 Have A Plan Insurance Checklist2017 Hurricane Fact SheetContractor Fraud TipsPCI Member Company Toll-Free Policyholder Claim Phone NumbersPCI Public Policy Solutions for Catastrophe InsuranceOther ResourcesNational Hurricane Center (Check the current weather patterns here.)FEMANational Flood Insurance ProgramWeather Ready Nation: HurricanesRed Cross – Preparing for HurricanesInsurance Institute for Business & Home Safety PCIJoe Woods, PCI vice president of state government relations.The Property Casualty Insurers Association of America (PCI) today offered recovery advice to Texans in assessing the damage to their properties and contacting their insurers.“Insurers are ready to respond and help families in the recovery process,” said Joe Woods, PCI vice president of state government relations. “Catastrophe teams prepare for storms like this and are ready to help policyholders. It’s important to make sure you have your agent or insurance company’s contact information readily available. If your home or automobile is damaged, call your insurer immediately, this will help in the recovery process.”Most severe weather-related events are covered by either homeowners, renters or commercial insurance policies. Renters insurance also provides coverage to policyholder possessions under this peril. Business owners are covered under their commercial policies. Protection from windstorm or hail damage for cars is covered under the comprehensive portion of the automobile insurance policy.Flood damage is typically covered through the National Flood Insurance Program rather than homeowners insurance. However, cars, trucks and other vehicles damaged by flood water are typically covered under an auto policy’s comprehensive coverage.“Contact your insurance company or agent to discuss what is covered by your policy,” said Woods. Contrary to recent misleading social media posts, the insurance claims process will not change under reform legislation (HB 1774) that was passed by the Texas Legislature this year and goes into effect on September 1. Instead, the new law adds new checks and balances to the system to dissuade unnecessary, manufactured lawsuits.“Policyholders do not lose any protections with these changes that go into effect on September 1. The new law does not bar access to the courts nor does it prevent consumers from retaining legal counsel. Consumers still have all legal remedies available under the consumer protection laws in the event an insurer engages in bad faith conduct. The Texas Department of Insurance is available to handle any complaints about insurers. The new law does not take away any right to sue and does not diminish any cause of action that a person has against an insurance company.“Rumors on social media are inappropriate scare tactics that are trying to capitalize in a time of widespread pain and misfortune following one of the worst natural disasters in decades.” PCI Tips if You Experience a Loss from a Storm:•             Secure property from further damage or theft.•             Contact your insurance agent or company representative as soon as possible to report damage.•             Inventory losses and photograph damage to provide to your insurance adjustor. Save receipts.•             If you are a business owner, keep detailed records of business activity that is negatively affected due to the tornado or storm and keep a list of extra expenses during the interruption. Prepare records to show the income from the business before and after the loss.•             Many standard homeowners and renters’ policies provide reimbursement of additional living expenses when the property is determined to be uninhabitable due to damage. This provision helps with paying for increases to necessary living expenses, such as temporary housing and restaurant meals. In addition, extra expenses, such as overnight parking and laundry services may also be covered. Additional living expense coverage does not pay for all living expenses, so contact your insurance company or agent for a list of what your policy will cover.•             Be careful about unscrupulous contractors following a natural disaster. Contact your insurer, agent, or local business bureau for references on potential contractors and ask for certificates of liability and workers’ compensation before signing contracts.Business Recovery Information•             In the aftermath of natural disasters, businesses should take immediate steps to minimize damage, speed up the claims process and accelerate business recovery.  Assess the damage and report all damage to your insurance company agent as soon as possible.•             Take pictures of your building and contents to document the damage.•             Check for safety hazards, such as downed trees, branches, downed power wires and leaking gas.•             Keep all receipts for anything purchased for that purpose so they can be submitted to your insurance company.•             Be prepared to list the “replacement cost” of each item and its actual cash value. Replacement cost is what it would cost today to replace an item with another one just like it. Actual cash value is what the item is really worth after deducting for depreciation and wear.•             Restore your utilities, phone service, gas lines and other important links as soon as possible.•             Business interruption coverage is complex and will vary by insurers. It is important to read your policy and understand what is and is not covered.•             As you seek contractors to make repairs, deal only with reliable, licensed professionals. Get written bids from the contractor, but don’t sign any contracts or give a deposit until you have seen your insurance adjuster.•             If you or your employees get involved in clean-up efforts, use safety items like proper eyewear, gloves, hardhats, dust masks and respirators.•             Keep detailed records of business activity and extra expenses during the interruption period, and prepare records to show the income from the business both before and after the loss.center_img Sharelast_img read more

Houston Reacts With Sorrow Frustration To Florida School Shooting

1984 riots Two convicts get interim bail from Delhi High Court

first_imgDelhi high court on Tuesday granted interim bail of 60 days to Captain Bhagmal, one of the three convicts serving life term in a 1984 anti-Sikh riots case, on medical grounds. A Bench of justices Sanjiv Khanna and Ashutosh Kumar said Bhagmal will remain on bail for 60 days from the date of his release and listed the matter for further hearing on July 1. It also extended the interim relief by 30 days to convict Balwan Khokhar on the same ground.  Also Read – Company director arrested for swindling Rs 345 croreThe court, however, asked Bhagmal to furnish a bail bond of Rs 50,000 with one surety of the like amount. It further directed retired naval officer Bhagmal not to leave India without prior intimation to the court. On April 15, the court had called for a medical report on Balwan Khokhar after it was informed that the convict broke his hand after a fall in the jail. The court had on that day refused to grant bail to co-convict Girdhari Lal. The trio and two others were held guilty in a case relating to the murder of five members of a family in Raj Nagar area of Delhi Cantonment on November 1, 1984, a day after the assassination of then Prime Minister Indira Gandhi.  Also Read – Man who cheated 20 women on matrimonial websites arrestedThey also challenged their conviction and award of life sentence by the trial court in May 2013. The trial court had acquitted Congress leader Sajjan Kumar in the case but awarded life term to Bhagmal, Khokhar and Girdhari Lal. The court had also awarded three years jail term to two others — former MLA Mahender Yadav and Kishan Khokhar.  The high court had in September 2013 denied bail to Bhagmal. The convicts have filed their appeals before the HC while CBI has also filed an appeal demanding death sentence for the trio, saying they were engaged in “a planned communal riot” and “religious cleansing”.last_img read more

Your Company Is Probably Going to Get Hacked Heres How to Protect

first_imgOctober 27, 2014 Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. This story originally appeared on Fortune Magazine Register Now » Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals 3 min read In 2014 alone, the headlines arrived with unnerving regularity: Target CEO steps down after the cyber-theft of 40 million payment card numbers; a Russia crime ring has amassed 1.2 billion name and password combinations; a cyber-attack on JPMorgan Chase could compromise the accounts of 76 million households and seven million small businesses. And that doesn’t even include the quieter drip-drip of Fortune 500 trade secrets falling into the hands of Chinese cyber-spies.With cyber-attacks weighing heavily on the mind of business leaders, I asked three leading corporate combatants who work on the front lines to offer advice to executives at this year’s Fortune Most Powerful Women Summit in Laguna Niguel.Here are three rules you need to know, offered up by General Electric chief information officer Jamie Miller, Lockheed Martin executive vice president Sondra Barbour and FedEx  FDX chief information security officer Denise Wood:Worry about your suppliers.With Fortune 500 companies heavily fortified, hackers are looking for new entry points. That means suppliers who have access to your data. Small companies are easy entry points because they don’t have the resources to keep up with sophisticated security demands. Yet they sometimes have access to their big partners’ important information, including everything from engineering plans to emails and passwords.While some suppliers are obvious targets, “it could be someone you have far down the supply stream—like Fazio Brothers’ air conditioning repair,” warns FedEx’s Wood.To combat the problem, GE has installed a single point of entry for suppliers to better monitor who comes in and out. “We’re very mindful of our perimeter,” says Miller. Lockheed’s Barbour encourages executives from corporate headquarters to “go out there and see which suppliers have [access to] the most critical data. We help shore them up.”Protect your “crown jewels.”Your company is probably going to get hacked. The velocity and complexity of hacking attempts has skyrocketed, with companies routinely facing millions of knocks on the vault door. “Invest in your security operations,” says Miller. “But then you need to take a step back and decide what’s the most important information you need to protect—and how are you going to protect that– assuming someone is already inside? What are your crown jewels—whether it’s intellectual property or financial assets or personal data?”Drop the competitive guard and schmooze.The guardians of your company’s cyber security should be encouraged to network within the industry to swap information on the latest hacker tricks and most effective defenses. “There’s a huge black market” of hackers, notes FedEx’s Wood. “The bad guys collaborate so well” – so should their victims.last_img read more

7 Ways to Create a Killer Marketing Video Infographic

first_img 1 min read Video content is in more demand than ever right now, with 43 percent of consumers wanting to see more videos from marketers. Statistics have also shown that focusing on video content has huge benefits for companies, with 52 percent of marketers claiming that video has the best ROI as compared to all other types of content.Related: 5 Low-Cost Ways to Get Started With Video Marketing There are simple ways your business can gain an advantage through video content, even if that just means having a video on your landing page. This type of content is extremely engaging and grabs attention more efficiently than just text or photographs alone.To see how video marketing can work for you and your business, check out the infographic below from MicroCreatives and start telling your brand story today. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global December 10, 2017center_img Growing a business sometimes requires thinking outside the box. Register Now »last_img read more