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Blake Strickland Inducted into Tennessee Credit Union Hall of Fame
W. Blake Strickland, President/CEO, Tennessee Valley Federal Credit Union, was inducted into the Tennessee Credit Union Hall of Fame at the Tennessee Credit Union League Annual Meeting in Gatlinburg, TN. Jointly sponsored by Volunteer Corporate Credit Union and the Tennessee Credit Union League, induction into the Tennessee Credit Union Hall of Fame is awarded annually to recognize the commitment, leadership, and dedication that deserving individuals from the state have made to the credit union movement.
Blake Strickland began his credit union career with Tennessee Valley Federal Credit Union in 1978 as its first marketing director. His enthusiasm and dedication to the principals of the credit union movement have remained steadfast throughout his credit union career. Appointed as President/CEO in 1999, Blake has guided the credit union to $975 million in assets with 14 branch locations.
Mr. Strickland served as Board Chairman of Volunteer Corporate Credit Union from 2005-2009 and as a League Director in 2007. He is also a member of the Credit Union Executives Society and is a Certified Credit Union Executive (CCE).
Blake is active in many community activities including University of Tennessee Chattanooga School of Business Advisory Board; Board of Directors, United Way; Chattanooga; Chattanooga Rotary Club; Past member of Board of Directors and Past Chairman, Junior Achievement of Chattanooga; Past member of Board of Directors, Past Walk American Chairman and Past Chefs Under the Stars Chairman for the River Valley Chapter of the March of Dimes, Chattanooga, TN; Past Member of the Finance Committee, Chattanooga Area Chamber of Commerce;
Past Vice President, Chattanooga Area Chapter of Credit Unions; Past Vice President, 7th District, University of Georgia Alumni Society Board of Managers; Named as one of the Outstanding Young Men of America by U.S. Jaycees, 1981; Named as Who's Who in Sales and Marketing by Sales and Marketing Magazine, 1987;
Past Treasurer and Past President of the Ft. Oglethorpe Marlins Swim Team; Finance Committee, Ft. Oglethorpe First Baptist Church, Ft. Oglethorpe, GA
Mr. Strickland is a graduate of the University of Georgia and continues to be an avid Georgia Bulldog fan currently serving as Vice-President of the Georgia Alumni Society Board of Managers.
More Business News
Last Update on April 17, 2014 17:08 GMT
WASHINGTON (AP) -- The number of people applying for U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
The Labor Department says that the four-week average of applications, a less volatile measure, fell 4,750 to 312,000. That is the lowest four-week average since October 2007, just two months before the Great Recession started. The average has fallen by 53,500 applications over the past 12 months.
Applications are a proxy for layoffs. The current level of claims suggests that employers are holding on their workers with the expectation of stronger economic growth ahead.
Employers added 192,000 jobs in March and 197,000 in February, the Labor Department reported. Hiring has picked up after a slowdown caused by severe winter weather.
WASHINGTON (AP) -- Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.
Mortgage buyer Freddie Mac says the average rate for the 30-year loan fell to 4.27 percent from 4.34 percent last week. The average for the 15-year mortgage eased to 3.33 percent from 3.38 percent.
Mortgage rates have risen about a full percentage point since hitting record lows about a year ago.
Many analysts have been expecting an improving economy to lift the housing market, which has been recovering over the past two years. But housing has struggled to maintain momentum. Rising home prices and higher mortgage rates have held back some potential home buyers. Others have had trouble qualifying for mortgages.
NEW YORK (AP) -- Investment bank Goldman Sachs says its first-quarter earnings fell as fixed income trading slumped.
The bank earned $1.9 billion in the quarter, down 11 percent from the same period a year earlier when it made $2.2 billion.
The earnings were equivalent to $4.02 a share. Analysts polled by FactSet had predicted earnings of $3.49 a share.
Revenue totaled $9.3 billion, down 8 percent from a year earlier, when the bank generated revenue of $10.1 billion. The latest quarterly revenue beat analysts' expectations of $8.7 billion.
Goldman's stock rose $2.78, or 1.8 percent, to $160 in pre-market trading.
NEW YORK (AP) -- PepsiCo reports a stronger-than-expected first-quarter profit as the company slashed costs and sold more snacks around the world.
The company, which makes Frito-Lay, Gatorade, Mountain Dew and Tropicana, says global snack volume rose 2 percent while beverages were even from a year ago.
In its closely watched North American beverage unit, PepsiCo Inc. says volume was even. Growth in other drinks offset a 1 percent decline in sodas.
For the quarter, the company earned $1.22 billion, or 79 cents per share. Not including one-time items, it earned 83 cents per share, above the 75 cents per share Wall Street expected.
A year ago, it earned $1.08 billion, or 69 cents per share.
Revenue edged up to $12.62 billion, higher than the $12.39 billion analysts expected.
EL SEGUNDO, Calif. (AP) -- Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss.
Toy makers are facing a weak environment globally due to the uncertain economy and popularity of electronic gadgets.
The largest U.S. toy maker says its net loss for the three months ended March 31 totaled $11.2 million, or 3 cents per share. That compares with net income of $38.5 million, or 11 cents per share last year. Analysts expected earnings of 7 cents per share.
The company which makes Disney Princess dolls and Hot Wheels cars says revenue fell 5 percent to $946.2 million. Analysts expected $947.6 million. Barbie revenue dropped 14 percent.
NEW YORK (AP) -- Target is vastly expanding the goods that are available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.com.
The nation's second-largest discounter first dabbled with subscriptions last September, trying to win over haggard parents with 150 baby care products.
That program has been expanded more than tenfold this week to nearly 1,600 items across a much wider array of consumer goods. Everything from beauty products and pet supplies, to home office supplies like printer ink, are now available through subscription.
Target, based in Minneapolis, is playing catch up in the subscription arena, which has exploded as companies test consumer appetites for almost every niche, from socks to razors, to clothing and entertainment.
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