Wilco To Play Intimate NYC Show At Rough Trade

first_imgThe band is hosting a Shmilco listening party at the venue tonight (September 6th), and the first 300 purchasers of the album will be given wristbands that will gain access to the show later this month. So run to Rough Trade, check out that new album, and hopefully get there in time to snag a wristband![H/T – Brooklyn Vegan] Chicago Americana stalwarts Wilco have announced a special one-off show at Brooklyn’s Rough Trade for later this month. The show will take place on September 22nd at the Williamsburg record store / music venue, and to get a ticket you need to head to Rough Trade (ASAP!!!) to buy a copy of the band’s new album, Shmilco.last_img read more

"Wilco To Play Intimate NYC Show At Rough Trade"

The Funniest Things Overheard At Phish’s Four-Night Run In Las Vegas

first_imgIt’s become tradition for the Live For Live Music family to catalog the hysterical things we overhear at large-scale jam scene events. Some moments live on through various fan groups, providing additional content and extended laughs galore. Though nothing can live up to the actual memories of the communities floating through places like Soldier Field during Fare Thee Well, or Madison Square Garden during New Years Eve, or any of the various music festivals that occupy the lives of our strange-folk jam scene, it’s the after-read that makes this work week just a little more enjoyable.Our most recent laughs have come straight out of Las Vegas, when Phish took over the MGM Grand Garden Arena for four nights to celebrate Halloween. With over 17,000 gambling phans in attendance, there was plenty of action to hear from. So, here’s what made us laugh the hardest!“The MGM makes me feel like Hunter S. Thompson had it easy in fear and loathing in Las Vegas…”“I could probably nail Mike from here with this glow stick… but I won’t. He’s wooorking.”“I have double Page nipples” – after receiving random Phish buttons.“I don’t want to walk through that way, it’s a field of spunions over there.”“WHO WANTS TO FRIEND ME ON FACEBOOK?!?”Dude in a skirt: “You guys look pretty great, wanna take me home?”“I’m invisible!” “Well I’m a bagel!!”“This is great pot. It feels like when you’re still feeling the waves after being on a boat, but in a good way….” “So you could say it’s ‘Big Boat’ weed?!?”“No ducks, no deal.”“I mean it’s a baby, I haven’t done anything with it but he’s cool.”“I need a pen that writes, not one you smoke out of!”“I couldn’t handle this place on acid!”“This is a Phish show not a Dead show – so no tie dye!”“We’ve got some powerful pills here, who wants em?!” Hands out Smarties.“I only hope that Page labels his haunted house noises with pictures or icons instead of words. That’s what I would do.”“This band is going to make me cry tonight.”Said during the show: “You know what would make this even better… bacon.”“You know, this band really needs more tambourines…” “I know! I wish these glow sticks were tambourines.”Hippies run to the people in front of us wearing blinking lights & stop: “Sorry about cutting in front of you, but those lights were so inviting!”Sign on Amish costume, “what happens on rumshpringa stays on rumshpringa.”“Baa baa black sheep have you any shirt?”“Did someone lose a sock? It just fell in front of me…”“Star Jam?” “Star VOCAL Jam!!”“Your cab driver was a pimp?!” “Well yea but he was more of a renaissance man really.”During set three on Halloween: “Didn’t Mike have sleeves at one point during this concert?”During Twist drum solo: “IT’S PHISH IN SPAAAACE!”After Monday’s show: “DO NOT under-do it tonight, doctor’s orders.”Groom to bride before wedding, dressed as Hall and Oates: “Babe, you have the marriage certificate right? Also, let me fix your mustache, it’s crooked.”“How am I going to get these drugs in?” “You could supposit them…” “Did you just invent a new verb?”In the bathroom: “How do I hang up my bag of wine?”“I sold my extra to a wook but realized afterwards it was my ticket, so now I’m the wook looking for an extra. WHO’S GOT MY EXTRA!?!?”“I heard John Mayer is here. Did you guys catch when Mayer’s rhythm guitarist played with Phish in Nashville?”“I dropped five grand on a shitty handjob last night.”“I’m all itchy from that woman’s glitter last night.”“Me and my buddy were banging this chick last night in the room and she reached over and started eating all the Altoids. They were all dosed and…” elevator door closes.After someone got kicked out: “That’s what happens when Phish brings back the Gumbo jams.”Also after someone got kicked out: “I couldn’t get any more psychedelic right now.”“Hey guys, I’m going to see this really awesome band on Halloween. They’re called Twiddle. If anyone knows any pre game parties we could hit, let me know!” – an actual Facebook message [face palm!]“Guys, I’m pretty sure I just saw John Mayer riding a the rail in a unicorn onesie… my life is complete!”At TopGolf: “I’m nailing golf balls at a driving range with Electric Beethoven playing behind me after a Phish show. They should call me Tiger Wooks!”last_img read more

"The Funniest Things Overheard At Phish’s Four-Night Run In Las Vegas"

Skip the juice, go for whole fruit

first_imgEating more whole fruits, particularly blueberries, grapes, and apples, was significantly associated with a lower risk of type 2 diabetes, according to a new study led by Harvard School of Public Health (HSPH) researchers. Greater consumption of fruit juices was associated with a higher risk of type 2 diabetes. The study is the first to look at the effects of individual fruits on diabetes risk.“While fruits are recommended as a measure for diabetes prevention, previous studies have found mixed results for total fruit consumption. Our findings provide novel evidence suggesting that certain fruits may be especially beneficial for lowering diabetes risk,” said senior author Qi Sun, assistant professor in the Department of Nutrition at HSPH and assistant professor of medicine at the Channing Division of Network Medicine, Brigham and Women’s Hospital.The study appears online Aug. 29 in BMJ (British Medical Journal).The researchers examined data gathered between 1984 and 2008 from 187,382 participants in three long-running studies (Nurses’ Health Study, Nurses’ Health Study II, and Health Professionals Follow-Up Study). Participants who reported a diagnosis of diabetes, cardiovascular disease, or cancer at enrollment were excluded. Results showed that 12,198 participants (6.5 percent) developed diabetes during the study period.The researchers looked at overall fruit consumption, as well as consumption of individual fruits: grapes or raisins; peaches, plums, or apricots; prunes; bananas; cantaloupe; apples or pears; oranges; grapefruit; strawberries; and blueberries. They also looked at consumption of apple, orange, grapefruit, and “other” fruit juices.People who ate at least two servings each week of certain whole fruits — particularly blueberries, grapes, and apples — reduced their risk for type 2 diabetes by as much as 23 percent in comparison to those who ate less than one serving per month. Conversely, those who consumed one or more servings of fruit juice each day increased their risk of developing type 2 diabetes by as much as 21 percent. The researchers found that swapping three servings of juice per week for whole fruits would result in a 7 percent reduction in diabetes risk.The fruits’ glycemic index (a measure of how rapidly carbohydrates in a food boost blood sugar) did not prove to be a significant factor in determining a fruit’s association with type 2 diabetes risk. However, the high glycemic index of fruit juice — which passes through the digestive system more rapidly than fiber-rich fruit — may explain the positive link between juice consumption and increased diabetes risk.The researchers theorize that the beneficial effects of certain individual fruits could be the result of a particular component. Previous studies have linked anthocyanins found in berries and grapes to lowered heart attack risk, for example. But more research is necessary to determine which components in the more beneficial fruits influence diabetes risk.“Our data further endorse current recommendations on increasing whole fruits, but not fruit juice, as a measure for diabetes prevention,” said lead author Isao Muraki, research fellow in the Department of Nutrition at HSPH. “And our novel findings may help refine this recommendation to facilitate diabetes prevention.”Other HSPH authors are JoAnn Manson, professor in the Department of Epidemiology; Frank Hu, professor of nutrition and epidemiology; Walter Willett, Fredrick John Stare Professor of Epidemiology and chair of the Nutrition Department; and Rob van Dam, adjunct associate professor of nutrition and epidemiology.Support for the study came from research grants from the National Institutes of Health. Sun was supported by a career development award from the National Heart, Lung and Blood Institute.last_img read more

"Skip the juice, go for whole fruit"

Saint Mary’s Book Drive teams up with WorldWide Books this Christmas

first_imgThis Christmas, some celebrators may look for a bowed vehicle in their driveway, while others consider themselves lucky to receive a donated book. This holiday season, Saint Mary’s student body is catering to the latter.The College is hosting a two-week book drive that ends Dec. 19 in an attempt to increase literacy and to encourage students to focus on giving rather than on receiving, Erin Cisneros, senior member of the Saint Mary’s Environmental Action Coalition (SMEAC), said.Cisneros said although all genres of books are welcome, textbooks would be the most useful donations because they are informative, expensive and casual — students will have no purpose for them once the semester ends. The drive’s acceptance of textbooks regardless of their condition leaves no student with an excuse to not participate, Cisneros said.“We are hoping that girls will choose to provide knowledge to others who don’t have the same opportunities as us,” she said. “Students can give away any reading materials they no longer want.”The recipients are not the only ones benefitting from the donations, Cisneros said. She said the drive was an opportunity for Saint Mary’s students to learn the value of selfless giving in the holiday spirit by giving away a book or two.Cisneros said the books collected on the College’s campus would then be given to WorldWide Books, an organization that has donated over 3 million books globally and an organization with ties to numerous institutions who share a the desire to spread a love of learning. WorldWide Books centers around raising awareness to the growing issue of illiteracy, hoping also to help the environment by promoting recycling, she said. Each year, it donates hundreds of thousands of books to people around the world in the hopes that everyone can gain at least a little bit of knowledge and can appreciate the importance of education.Cisneros said students should consider how lucky they are to attend college at all, given that 785 million people who are over 15 years old live without literacy.WorldWide Books serves both the local and a national community to create maximum impact on this statistic, Cisneros said. She said the organization takes hundreds of thousands of damaged books and turns them into useable paper.Cisneros said like the Saint Mary’s Book Drive, WorldWide Books encourages people to recognize the value of basic reading and comprehension skills, for these can lead to eventual employment. She said the success of the Book Drive lies in the students hands.“It’s important that students participate because we have been blessed to attend such a prestigious college and others would do anything to trade places with us,” Cisneros said. “Everybody deserves the gift of an education.”last_img read more

"Saint Mary’s Book Drive teams up with WorldWide Books this Christmas"

Alec Baldwin Reveals All About Shia LaBeouf Battle, Worries Broadway Hates Him

first_img Baldwin requested a rehearsal break, telling Orphans director Dan Sullivan and the show’s stage manager in private that one of the two actors had to leave the production, offering to quit himself. Instead, the decision was made to fire LaBeouf. “He was shocked,” says Baldwin. “He had that card, that card you get when you make films that make a lot of money that gives you a certain kind of entitlement. I think he was surprised that it didn’t work in the theater.” Most interesting is the inside look at what happened in the Orphans rehearsal room. In the article, Baldwin says LaBeouf seemed “scattered” when he arrived to start work on the show, “like a lot of young actors today.” He notes tension between them from the start, partly due to the fact that, “LaBeouf seems to carry with him, to put it mildly, a jailhouse mentality wherever he goes.” Baldwin admits that LaBeouf memorized all of his lines prior to rehearsal and was frustrated waiting for his co-star to catch up. Finally, according to the account, he “attacked” Baldwin in front of the company one day, saying Baldwin was slowing him down. “If you don’t say your lines,” he allegedly said, “I’m just going to keep saying my lines.” After being accused of calling a photographer a “f*ggot” on the streets of New York City and a reporter a “toxic little queen,” Baldwin came under attack from openly gay media powerhouses like Anderson Cooper of CNN, Rachel Maddow of MSNBC and Harvey Levin of TMZ. He even felt the chill at the opening night of Broadway’s Machinal on January 16. “I can’t tell you how frosty the reception was toward me,” he says. “These are all people who are heavy-hitting theatrical artists in that community and many of them are gay. And I was thinking to myself, ‘These people think I’m a homophobe.’ And that makes me incredibly sad.” Baldwin accuses Sullivan of playing both sides, coddling LaBeouf and continuing on with rehearsals with no enthusiasm. “I don’t think Sullivan liked the play,” says Baldwin. “I don’t think he liked me. Sullivan agreed to do something that, once he realized what it was, he had lost interest in it.” Read the entire article on Vulture.com. In a riveting first person article that graces the cover of the February 24, 2014 issue of New York Magazine, Alec Baldwin addresses his recent P.R. problems—being called a homophobe after a fight with paparazzi, his failed MSNBC talk show and his involvement in the firing of Shia LaBeouf from Broadway’s Orphans—and worries that Broadway just doesn’t like him anymore. View Commentslast_img read more

"Alec Baldwin Reveals All About Shia LaBeouf Battle, Worries Broadway Hates Him"

Watch Hamilton’s Chris Jackson & Anthony Ramos Sing the National Anthem

first_img Hamilton Star Files Anthony Ramos from $149.00 View Commentscenter_img Related Shows What’s more patriotic than George Washington and John Laurens singing the national anthem at a Mets-Phillies game? That’s right: absolutely nothing. Hamilton stars Chris Jackson and Anthony Ramos blew baseball fans away with “The Star-Spangled Banner” to top off the New York City-based team’s home opener. While we would have loved them to have surprised us with some additional tunes from Lin-Manuel Miranda’s hit musical, the video has definitely got us inspired to play ball! Watch Hamilton’s right hand men belt below!Your browser does not support iframes. Christopher Jackson & Anthony Ramoslast_img read more

"Watch Hamilton’s Chris Jackson & Anthony Ramos Sing the National Anthem"

Bette Midler on ‘Marvelous’ Rehearsals for Hello, Dolly! & More

first_imgBette Midler(Photo by Michael Loccisano/Getty Images) In case you’ve been dead for 300 years and missed the news, Bette Midler is coming back to Broadway as Dolly Levi in Hello, Dolly! next spring. At her annual Hulaween Bash benefitting the New York Restoration Project, we spoke to Midler about how rehearsals are going. The Divine Miss M, who was once again dressed as Winifred Sanderson from her 1993 instant Halloween classic Hocus Pocus, sounds thrilled about her return to the Great White Way.”It’s going great; everyone is so excited. All the kids are beautiful, they sing like birds. It’s so marvelous,” Midler told Broadway.com.Does Midler see any similarities between Dolly Levi and Winnie Sanderson? “None. Are you mad? [As Winnie] I’m 700 years old and Dolly was just in her early 50s.”Midler may not see similarities, but went hard on the fun-sized chocolate bars and created this mashup of some of our favorite Hocus Pocus moments with lines from Hello, Dolly!  Let these GIFs put a spell on you. Happy Halloween! View Commentslast_img read more

"Bette Midler on ‘Marvelous’ Rehearsals for Hello, Dolly! & More"

Trail Mix: J.P. Parsons on the Bristol, Tennessee, Music Scene

first_imgOver the last ten years, Bristol (TN/VA) has become one of my favorite places in the world. Long regarded as the center of the country music world, Bristol is home to my favorite music festival – Bristol Rhythm & Roots Reunion – and some of the best mountain music you’ll find this side of the Blue Ridge.It’s been a while since the Trail Mix blog has featured an artist and the Our Town format.  When I found out that Bristol troubadour J.P. Parsons was releasing a record, though, it was a no brainer.  We are featuring “We Were Once Heroes,” a track Parsons cut with his latest project, The American Bandwagon, for the band’s recent release, Until This Day Is Done.Blessed with a raspy growl reminiscent of Steve Earle or Chris Knight, Parsons has been honing his songwriting craft in and around the Bristol area for fifteen years.  An avid supporter of the local scene, Parsons has hosted songwriter showcases, performed with a number of bands – including Hundred Acres, another local favorite – and is a regularly featured local artist at the Bristol Rhythm & Roots Reunion.Trail Mix caught up with Parsons to chat about Bristol, his hometown. Considering that Bristol was named by this here magazine as the Best Music Town in the Blue Ridge, these places, along with many others, would be worth checking out the next time you buzz down through Southwest Virginia and Northeast Tennessee.BRO – Best cup of joe?JP – Andy’s Market on Commonwealth Avenue.  It’s strong, truck-stop coffee that’s so thick it’s hard to stir.  Plus, the customers make for some interesting fodder for songwriting.BRO – Favorite local band?JP – Steve Gilbert.  Steve has a fantastic neo-Townes van Zandt meets a punk rock Bruce Springsteen style.  And not only does Steve play in multiple projects, he is also CEO of Self-Destruct Buttons . . . . and he’s my neighbor.BRO – Favorite place to catch some live music?JP – The Pickin’ Porch, which is located in the Event Foundation at 620 State Street.  It’s a weekly two hour bluegrass and old time music show featuring some of the best musicians in the region.  The Mountain Music Museum is also right next door.BRO – Favorite place to play some live music?JP – O’Mainnin’s Pub & Grille, right here on State Street.  It’s dark, smoky, and rowdy, with a fantastic outdoor stage during the summer and fall.  I did my first album release there.  The owner, Dave Manning, is a big – if not the biggest – supporter of local original music in Bristol.BRO – Interesting tidbit about Bristol that an out-of-towner should know?JP – The most recognizable landmark in Bristol, the Bristol Sign, was originally erected on top of the Interstate Hardware Company building on the Tennessee side of State Street in 1910.  The original slogan said, “Push! That’s Bristol!”  Sometimes, the bulbs would burn out and it would read “Pu  !  That’s Bristol!” or “  sh! That’s Bristol.”J.P. Parsons will be out and about with his guitar on Thursday, August 7, at the aforementioned O’Mainnin’s Pub & Grille in Bristol.  He will be at the Holston River Brewing Company, also in Bristol, on Friday, August 15, and at the Sleepy Owl Brewery in Kingsport, Tennessee, on Saturday, August 16.For more information on J.P. Parsons & The American Bandwagon, surf over to www.reverbnation.com/jpparsons.trail-mix-8-6-14last_img read more

"Trail Mix: J.P. Parsons on the Bristol, Tennessee, Music Scene"

Deep Woods Escape

first_imgCaldwell said the family’s favorite trail in the area was the Sawmill Trail, almost eight miles long. It includes sights like Slave Falls, Needle Arch, and the Twin Arches. Caldwell said his family prefers half-day or day-long hikes, but those aren’t the only trails in the area and aren’t required in order to get to the lodge. White said he plans to continue restorative work like clearing invasive species and preserving the natural and historic landscape of the lodge. He is also dedicated to ensuring its future, and spends many hours developing environmentally-friendly recycling and compost plans. One compost pile on the property won’t be ready for at least three decades, a timeframe White has no trouble considering spending if he’s allowed. The hard work has paid off, and guests are eager to show their enthusiasm for the lodge. One family staying at the lodge said they are repeat customers, and had converted their daughter’s boyfriend to come for their latest trip. In the past, they celebrated Thanksgiving at the lodge as a way to stay active and avoid the annual task of cooking for the family. Charit Creek, just outside Jamestown, TN, is among the oldest lodges in the United States, estimated to have been built in 1817 by Jonathan Blevins, a long hunter searching for a good location to hunt bears, deer, and other wildlife. By some accounts and due to a lack of proper records of its exact opening date, it may be the oldest in the country. This Off-Grid Lodge in Tennessee’s Big South Fork National River & Recreation Area Can Only Be Reached Via Trail Photo-by-Nichole-Newport-courtesy-of-Charit-Creek-Lodge-scaled Cover Photo by Abby Lee Hood Guests are served dinner in the dining hall, socially distanced and without staff present. The food is prepared and served before guests arrive in the hall, and masks are mandatory for staff. Guests are encouraged to wear them, and there is hand sanitizer in every room, plus sinks to wash hands frequently both in the bath house and on the porch of the main cabin. White said the lodge has experienced incredible growth since his first visit, and since his first few months of running the business. In the beginning, days might pass without guests, but that doesn’t happen anymore. The crew has grown from only himself to eight employees who assist with meals, work around the property, upkeep of the facilities, and more. With the addition of new cabins, White said the lodge is able to offer a connection to nature with the added benefits of a comfortable bed, hot meals and hot showers. “I make jokes when I give tours of the gravesite and I say, ‘Now, this is my spot right here,’” White said. “It’s hard not to call this place home.” “Hiring the first person was a big deal,” White said in an interview. “Days without guests are a thing of the past.”center_img Photo-courtesy-of-Charit-Creek-Lodge Charit Creek Lodge was, at one time, a place where even a Hatfield—of the famed Hatfield and McCoy family drama—could go to find peace and isolation. William Riley Hatfield was born in 1829 and buried at Charit Creek in Eastern Tennessee in 1892. His grave leans a little crookedly, one of the few still legible, in a small plot just outside the main portion of the lodge. White’s background is in hospitality. He spent his 30s starting restaurants and running a catering business in nearby Knoxville, Tenn., where he still owns a home and frequently visits. White said he has always loved traveling throughout the Great Smoky Mountains, and first visited the lodge in 2010 with his then-6-year-old daughter. The connection to the land was instant for White. In the spring of 2012, he worked as on-site manager for the season and further saw its potential, learning a lot of living off-the-grid and cultivating a passion for his unique hospitality brand. In 2014, White and his business partner won a contract with the National Park Service to run Charit Creek, and recently, White bought out his partner to run the business on his own. Charit Creek Lodge is heavy with two centuries of history—it was named after Blevins’ daughter, Charity, who drowned in the creek outside the entrance. There is still no electricity or cell phone service, a welcome respite for many of its guests, and the off-grid lodge can only be reached via a one-mile hiking trail or a 1.5-mile horse trail. But it isn’t without amenities; there are hot home-cooked meals for breakfast and dinner, a shower house complete with propane-heated water and even S’mores kits for purchase. Despite its remote location in the Big South Fork National River & Recreation Area and long, often strange story, business owner Gregg White, the lodge’s current facilitator, is dedicated to both its history and its future. Hikers can easily take a mile-long trail downhill from the closest parking area in Big South Fork, a moderately easy journey that takes about 40 minutes. It’s also relatively easy to see one of the largest attractions in the area, the Twin Arches. According to the National Park Service, the North Arch is 62 feet tall and 93 feet long. Its sibling, the South Arch, is 103 feet high and 135 feet long. The two rock formations are made of sandstone, making the ground nearby soft with sand eroded from their base and top. They are only a one-mile hike from the lodge, making it a location for a variety of travelers regardless of their hiking abilities.  “We absolutely love this place,” Neal Caldwell, the family’s father and group leader said. “[The lodge] did a huge feast for Thanksgiving. It was sold out.” Although he won the last contract to run the lodge, there’s no guarantee he will continue to do so. The National Park Service can choose anyone who bids, and White is worried about increasing competition in the future, likely a direct result of the attention, profit and increased traffic he brought about himself. But that doesn’t mean he plans to give up any time soon. The turnaround wasn’t easy. White estimated that at least 1,800 man hours were spent cleaning out the old horse barn constructed in the 90s, outfitting it with rooms to sleep in and a safe place for travelers to stable their horses. Another 2,000 hours was spent clearing the surrounding field of invasive species, revealing the graveyard, more of the original fencing, and a ditch White was unaware of. He introduced tree tents to the property, available to book April to October, nestled beside the quietly running creek. White also offers an impeccable menu including dishes like carrot souffle, garlic mashed potatoes, vegan chocolate cake, homemade pancakes, and much more. After briefly shutting down due to the COVID-19 pandemic, the lodge is back up and running with new safety measures in place. last_img read more

"Deep Woods Escape"

Credit unions are poised to succeed with auto leasing in 2019

first_imgAs 2018 draws to a close, it’s time to assess the state of the automotive industry. Factors impacting the automotive industry reveal good and bad news for the industry, while also identifying growth opportunities for credit unions. The U.S. economy continues to be strong as evidenced by a record high stock market, robust GNP growth, low inflation and record low unemployment. Those factors, combined with record low interest rates that have lasted almost a decade, have resulted in a strong automotive market. Car and truck sales in the U.S. that bottomed out to only 11 million annual units at the height of the great recession in 2009, steadily increased to 18 million units in 2016, and have remained at that level. Put simply, the auto market has never been stronger than the past decade. However, these stable times are at risk. Automakers are reporting declining sales in the United States. Ford, Toyota, Nissan and Honda reported sales declines in September of 11.2%, 10.4%, 12.2% and 7.0%, respectively. The Federal Reserve has raised interest rates three times in 2018 and is expected to increase them further in 2019. This has increased the average APR on a vehicle loan in September to 5.8%, compared with 4.8% a year ago. Another factor to a diminishing automotive industry is the increased tariffs on foreign goods, including steel, that will increase vehicle costs and impact sales. If tariff levels increase again next year, costs will rise more. This may put additional pressure on finance rates.However, all hope is not lost. Even as the overall automotive market may be shrinking, credit unions are in a good place to thrive as they continue to grab a greater share of vehicle loans. In only five years, the percentage of loans made by credit unions has increased from 14.7% to 20.4% – a 39% increase.  One area credit unions can expand their market share can be found within the highly attractive auto lease market. Rising interest rates increases the monthly cost of a new vehicle, making leases a more appealing option.  Leasing among car buyers continues to grow with over 30 percent of all new vehicles being leased. Leasing allows customers perks that include driving a new vehicle every three years with no-money down, and a lower monthly cost that provides the ability to afford a more expensive vehicle with newer technology. These factors are important to millennials, who are the fastest-growing market in the auto business. Credit unions that offer a lease product will benefit for multiple reasons, such as: In summary, a rising rate environment can be challenging for many credit union’s traditional growth plans as they enter 2019.  Auto leasing is an opportunity that should be strongly considered in any evolving rate environment. Leasing is only going to continue to grab more market share.  Plus, with a greater emphasis on lower payments that accompany a rising rate environment, leasing will continue to strengthen profitability for a credit union. 102SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Robert O’Hara Robert O’Hara, vice president of strategic alliances at GrooveCar, is a veteran of the credit union industry having worked as director of lending and operations at a Long Island … Web: www.groovecarinc.com Detailscenter_img Zero-percent offers at POS dealers are sharply declining, increasing the monthly payment and in turn, pushing more consumers towards leasing; The first half of 2016 experienced highest lease volume in history. Many of these leases are maturing in early 2019, so the opportunity is there for new auto leasing;Credit union leasing members are typically high-quality customers with A+ credit that prefer shorter terms, thereby lowering the credit and interest rate risk associated with any loan portfolio.  last_img read more

"Credit unions are poised to succeed with auto leasing in 2019"