Roanoke Go Outside Festival

first_imgRoanoke, Virginia’s annual Go Outside Festival is taking place this weekend, October 17-19. From live music to hiking, biking, and fishing to professional demos and craft beers galore, there will never be a dull moment. The top-notch musical acts this year include the Hackensaw Boys, Humming House, Blue Moonshine and Proverbial!Hackensaw_Boys_-_Promo_Photo_Hi_Res_mediumGates open at 5:00 p.m. on Friday and entry to this event is free of charge. That’s right, no tickets needed! Bring some cash for the delicious food and drink vendors, as well as the gear tents and a few competitive events if you so choose to participate.Camping is first come, first serve. There are a couple of designated areas: quiet, not-so-quiet, and RV. Check their site for a venue map.Kids are welcome and even have their own space to run free with activities like cardboard cave building, rock climbing, hula hooping, guided hiking, and more.The Go Outside Festival is pet friendly. To keep everyone happy and safe, be sure to have your dog on a leash at all times! There are even a few activities for your four legged friends.Everyone is encouraged to get involved, walk around, touch gear, try stuff out, and have fun.View GO Outside Festival in a larger maplast_img read more

Naples bank waives service charges on IOTA accounts

first_imgNaples bank waives service charges on IOTA accounts Associate Editor Citizens Community Bank in Naples apparently believes that the “community” in its title is more than a word.And that’s good news for Florida lawyers looking to boost the returns on their IOTA accounts.The bank is offering its “Escrow Management Account Service” and “IOTA Plus Program” to law firms, according to bank Vice President Ray Schwedhelm.The premise is simple. At a time when most banks are paying well under one percent on IOTA accounts and then deducting from that service charges, and at least one major bank charges more for services than earned by interest, the Naples bank plans to do better.Citizens Community Bank, Schwedhelm said, is waiving all service charges for its trust fund deposits. And it will pay 2.5 percent interest — almost three times the state average. And as an additional bonus, the bank is making a separate contribution to Florida Rural Legal Services, Inc., and the Legal Aid Society of Collier County. Both those organizations are beneficiaries of The Florida Bar Foundation’s legal aid to the poor grants through its IOTA program.“As an independent community bank in Collier County, we are concerned about our neighbors in more ways than just one,” Schwedhelm said. “The Golden Rule is very important to us in building long-term relationships that are truly win-win for all parties.”The win for the law firms, he said, is not only will the program boost income for the Foundation’s IOTA program and directly provide funds for Florida Rural Legal Services and Collier County Legal Aid, but the Escrow Management Account Service takes over much of the paperwork lawyers face in managing their trust accounts. (If the interest generated can be economically attributed to clients and therefore is not part of the IOTA program, then the account will boost their interest earnings.)The Foundation, supported by the Bar Board of Governors and the Young Lawyers Division, has embarked on a campaign to encourage lawyers with trust accounts exceeding $100,000 to invest in sweep accounts, which currently earn four to six percent returns, but also have higher expenses.The CCB program, however, is open to all trust accounts, regardless of size.Aside from the better interest, Schwedhelm said, the bank is trying to make the administration and paperwork of trust accounting easier for lawyers.“The escrow management service simplifies the back office record keeping of escrow accounts,” he said. “There is one master account and under that one master account, an attorney can establish a variety of subaccounts for individual clients. On a monthly basis, Citizens Community Bank provides the attorney with a statement that shows interest earned for each subaccount, not only for the month, but for the life of the account.”Frequently, attorneys open a new trust account for each client, with the resulting necessity for a trip to the bank, signing signature cards and other paperwork avoided with the CCB plan, he said.The bank also prepares 1099 forms at the end of the year and has a courier service to pick up deposits, which are posted to the subaccounts on the same day, Schwedhelm said, and checks can be cut or wire transfers made on instructions from the attorney.The IOTA program is not the first effort of the bank to tie banking services to a charity. The bank continues to offer customers a nine-month certificate of deposit. Those taking advantage get a higher, one-year interest rate and free checking. In addition, the bank donates an additional 0.25 percent to the March of Dimes.So far, there has been considerable interest in the new IOTA account program, Schwedhelm said, and he added that the bank can work with interested law firms and lawyers anywhere in the state.Schwedhelm can be contacted by calling (941) 430-1773 or by writing him at Citizens Community Bank, 2373 Tamiami Trail North, Suite 100, Naples 34103. Naples bank waives service charges on IOTA accounts September 1, 2000 Gary Blankenship Associate Editor Regular Newslast_img read more

Are millennials financially doomed?

first_img 32SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Millennials have more debt and less income than Gen X or baby boomers on average. But those aren’t the only financial constraints some face.New data show 1 in 5 supported an aging parent over the last year, spending an average of $18,250 a year on medical bills and other expenses — more than any other generation, according to TD Ameritrade’s recent 2015 Financial Support survey.That single expense puts a serious strain on their ability to pay off student loans and save for retirement. (Consequently, baby boomer parents have also delayed their retirement plans to help their children financially)“It’s a lot harder to keep your head above water if you have to support family members and still try to tackle your debt,” said Matt Sadowsky, TD Ameritrade’s director of retirement and annuities. continue reading »last_img read more

Horschel soars as McIlroy stumbles

first_img Horschel made things look much easier as he recorded seven birdies to move to 13 under, three shots ahead of fellow American Ryan Palmer who recorded a 67. That left Palmer on course for the high finish he needs to move into the top 30 in the FedEx Cup rankings and play in next week’s Tour Championship. The top 30 in the FedEx Cup rankings after this weekend will go to Atlanta next week where the points will be reset so every player has a chance of claiming the 10million US dollar (£6.1million) bonus. “It’s going to be a fun day tomorrow,” Horschel told Sky Sports 4. “Obviously having a chance to win a golf tournament on the PGA Tour, e specially during the FedEx Cup play-offs, can go a long way. “We’ll see what happens. If I can just keep doing what I’m doing and maybe I’ll be holding a trophy on Sunday.” To do that, the 27-year-old will have to hold off a host of big names as he seeks his second PGA Tour win. Masters champion Martin Kaymer and US Open champion Bubba Watson are both on eight under with Rickie Fowler a further shot back followed by Garcia. Horschel birdied the first and the eighth in what was an unspectacular front nine but came to life after the turn picking up further shots on 10, 14, 15, 17 and 18. McIlroy was still very much in the mix as he began his back nine just a shot adrift of Horschel but the triple on 12 saw him tumble down the leaderboard as he came home in 39. Palmer recorded six birdies and three bogeys in an up and down 67 while Kaymer registered eight birdies and two dropped shots. Watson was flawless in carding a 66 and Fowler dropped a single shot on his way to the same score. United States Ryder Cup duo Jordan Spieth and Jim Furyk were on five under alongside Canadian Graham DeLaet with McIlroy in the group a further shot back. Also in that group was Morgan Hoffmann who recorded the round of the week so far with a 62. Starting on the 10th, Hoffman birdied his first three holes and picked up further strokes on 16, 17 and 18. Birdies on one and three raised hopes of a 59 but a bogey on the sixth ended those hopes, although another shot was picked up on seven. Keegan Bradley will be watching Sunday’s action closely after withdrawing from the tournament due to a possible rules violation on the opening day. Depending on how others in the field play, Bradley could drop out of the top 30 and miss next week’s tournament in Georgia. One man who definitely will not be there is Phil Mickelson who also withdrew from the BMW Championship to focus his attentions on the Ryder Cup at Gleneagles. Billy Horschel will take a three-shot lead into the final round of the BMW Championship after firing a flawless 63 on Saturday in Denver. The American came into the day two shots behind leader Sergio Garcia and alongside world number one Rory McIlroy but the European duo endured disappointing third rounds. Both men shot two-over par 72s with McIlroy incredibly four-putting from four feet on the 12th to record a triple-bogey six as he slipped nine shots behind the leader. Press Associationlast_img read more