Credit Unions Step in to Fill Lending Void

If you’re considering a home mortgage, either to refinance your existing mortgage or to purchase a home, consider a credit union as your lender.

The number of mortgage originations issued from credit unions in the United States in first half of 2014 has climbed 10 percent year-over-year. This has elevated credit unions to having more than 8 percent share of the home loan market – about triple their share prior to the recession – making them a growing option for home buyers looking for financing, according to data from the Credit Union National Association.

CreditUnionCanadaCanadian credit unions also are experience growth in their home mortgage lending. Credit Union Central of Canada, the national trade association of the industry, notes credit unions have about 7% of the residential loan market.

CUNALogoIn June, the 6,557 credit unions in the United States surpassed 100 million members. You still have to be a member of one to get a loan, but many credit unions are tied to employment, trades, religious groups or more broadly to specific communities. Nearly two-thirds of U.S. credit unions offer mortgages.

“We’ve seen a very strong increase in originations over the course of the last several years,” Mike Schenk, vice president of economics and research at CUNA, said.

Mortgages comprise about 41 percent of all U.S. credit union loans compared to 25 percent in 2000. The average loan amount at a credit union is $130,000, and 70 percent of the loans offered are for 30-year fixed-rate mortgages. Many credit unions offer different financing options for members. For example, Pentagon Federal, with 1.3 million members nationwide, introduced a 15/15 adjustable mortgage, where rates reset only once at the midterm mark to reflect the current market rate. Also, the National Institutes of Health Federal CU offers the five-year fixed-rate mortgage, dubbed the “see ya” loan, which allows home owners to refinance and coordinate it to a time of a special event, such as retirement or when the children go to college, in order to end their mortgage payments by that time.

Credit unions don’t typically charge cheaper interest rates, but they “tend not to tack on a bunch of superfluous fees that other lenders seem to love,” the Los Angeles Times noted in a recent article. “And because they are local and member-controlled, they are more likely to consider applicants with a story to tell than some underwriter five states over who is forced to stick to standard guidelines.”

We Get Letters…

Nothing brightens our day quite so much as the great letters we get from your customers.

At Dino’s, service and customer satisfaction top our priorities and it’s great to get feedback showing that we are hitting our goals.

Here’s a letter we received just the other day:

Jena:

DinosElkhornThis note is overdue but I felt it was necessary to share good news with the handling of my account at the Elkhorn Dino’s Storage. When there was some heavy rain this summer and some of my furniture got wet, Diane was quick to assist in moving my furniture to another bay which has adequately served my needs well. She is very timely in handling matters and my experience has been very good.

Once again, thanks for the great customer service provided by your company through Diane Clark at the Elkhorn location. I will be happy to refer business your way.

Cindy

We Highly Recommend Some Great Movers!

As you might expect, a whole lot of moving goes on in our storage business – items coming in, items going out – on a continual basis. And sometimes the amount of goods our clients have is substantially more than the clients can handle on their own.

BlackBeltLogoWe make this recommendation to our clients – Call Black Belt Movers. They are a great bunch of hard-working folks who can handle anyone’s needs from packing to moving at competitive rates and with courteous, friendly and efficient service.

Black Belt is an all-around terrific outfit. A young entrepreneur, Luke Taylor, launched the company as FlatRate Movers from his Elkhorn home in 2007, operating with a small crew and a single 26-foot truck.

They recently changed their name to Black Belt Movers and today they have a fleet of more than two dozen trucks and operate in Omaha, Lincoln, Des Moines, Sioux City, Denver, San Diego, Phoenix and Kansas City with more than 60 crew members. The company still is run by Taylor, but now from a corporate office in Elkhorn.

In just the past two years, Black Belt has moved more than 10,000 families! Black Belt is licensed, insured and bonded. They are accredited by the Better Business Bureau and are preferred vendors on Angie’s List. They also have been rated Best of Omaha by Omaha Magazine.

They serve communities large and small in a radius of roughly 50 miles from each of the metro areas where they are now established. So if you have a move in your future, be smart and be happy, call them.

Black Belt Phone Numbers:
– Omaha 402-709-0970
– Des Moines 515-393-4253
– Sioux City 712-522-5344
– Denver 303-656-1888
– Kansas City 913-305-5430
– Phoenix 480-878-7457
– San Diego 619-567-5497

Family Fun for Fall

Kids and parents need time together. And it can be fun and inexpensive for all. Forget shopping or mall walking. Get with it and have some fun.

Here are a few ideas:

Bring out the hidden architect or builder within you. Let the creativity flow with Legos – the building blocks for kids of all ages. Try a Lego building party. Come up with a theme with the kids, like a medieval dungeon, battling ninjas or a futuristic neighborhood. The whole family can work on Lego creations to fit the theme. One family member can be chosen as the narrator to weave the Lego creations together. Or each participant can take a turn telling a story about what’s being created.

Fall weather can be a bit nippy for a camp-out, so try a camp-in instead. Set up a tent with sleeping bags. Stay up late eating treats, make shadow puppets and tell ghost stories. Then sleep the night away in your in-house campsite.

indoorcampingMany couples have a weekly date night. How about trying a parent and kids date night. The possibilities are endless. Take in a movie at the theater, spend some time at a miniature golf facility, go play some laser tag, bowl a few games or take in a high school football game or a play. Look for discount coupons to hold down the cost.

Take a nature night walk. When the stars come out, head out on your night walk around the neighborhood or head to a nature preserve or large park to do the same. Kids and parents alike will enjoy being outdoors when everyone else is inside. Look at constellations, observe phases of the moon, watch cars go by with their lights on and listen to the cacophony of crickets, frogs and other creatures. When the weather turns colder, a night drive can work well – especially when Halloween decorations or a bit later on Christmas decorations light up the neighborhood.

Scavenger hunts never go out of style. You can have great fun with one indoors or in your own yard. Mom or dad can compile a list of things to be found and the kids can do the hunting. Try it in the yard at night when flashlights are needed for the hunt. The hunters will feel like detectives searching for odd-ball items such as a yellow crayon, a fringed washcloth, a stuffed animal, a mini-shovel, a 2012 quarter etc.

Customer Satisfaction, Community Service Are Dino’s Guides

At Dino’s, storage is our business. But customer satisfaction and community service are our guiding lights.
Treat our customers right and they will be customers for life. Be proactive and cooperative in our community and our name will be a point of pride.

Our Center Street facility recently received a note of thanks from one of our customers.

“You were so helpful and personable, and we appreciate your attention to detail and to providing great customer service,” our customer told us in a letter. The customer and her sisister came to the facility to arrange storage space for their parents’ belongings. That was accomplished.

heartlandfamilyserviceHeartland Family Services recently was the beneficiary of a gift of office furnishings from McGrath North law firm. But there was a hitch, the law firm had to vacate its old quarters before the space for Heartland Family Services’ new programs was ready. That created a pressing need for short-term storage for the incoming furnishings.

In a recent blog, Heartland Family Services said “another wonderful supporter of our agency, Dino’s Storage,” stepped up to the plate. “One call to owner, Dave Paladino, led to a quick conversation with Jena Erickson, Operations Manager for Dino’s Storage. Jena not only agreed to help us find short-term storage, but made it possible at a 50 percent discount! Her quick problem-solving helped us to create a cost-effective solution that will allow our agency to acquire much-needed, high quality furniture using almost none of our existing cash resources. As a result, we have more money to put into our programming and can serve more people.:

Letters and comments like these from customers and community organizations make us proud. Remember, we are here to serve you and our community.

Make Saturday a Red Kettle Day!

Omaha’s Salvation Army has scheduled a 5K Run/Walk for 9 a.m. Saturday, Oct. 25 at Zorinsky Lake. Join in the fun for a good cause. The run helps stock pantry shelves during a time of overwhelming need.

RedKettleLogoNo pre-registration is required, but if you want to save time the day of the run, you can get more information at www.redkettlerunomaha.org or send an e-mail to RedKettleRunOmaha@gmail.org for additional participation information.

There are some great prizes, including an Apple iPad mini 16GB, Creighton Men’s and Women’s season basketball tickets, Men’s season baseball tickets and more. Dino’s Storage will be handing out water bottles to the first 300 finishers.

The entry fee is just 10 non-perishable food items or $10 for The Salvation Army pantry. The run location is at the 156th & F Street entrance to Zorinsky Lake.

Think Again: You’re Not Good at Multitasking

You might want to rethink texting while trying to hold a conversation. Multitasking actually makes you less productive than doing one thing at a time, and may even damage your brain, according to a study conducted by Stanford University researchers. Forbes.com recently highlighted a series of research studies that show multitasking is not a skill to boast about.

In the Stanford University study, research participants who regularly multitasked and were bombarded with several sources of electronic information failed to pay attention, recall information or switch from one job to another as well as those who just focused on one task at a time. Those who tend to be “heavy multitaskers” – who do it a lot and believe it helps their performance – were found to pay the biggest price.

multitask“They’re suckers for irrelevancy,” says Clifford Nass, one of the researchers and a communication professor at Stanford. “Everything distracts them.”

Indeed, researchers found that “heavy multitaskers” tend to struggle more at organizing their thoughts, filtering out irrelevant information and are slower at switching from one task to another.

Besides just slowing you down, multitasking has also been linked with lower IQs. In a separate study conducted by researchers at the University of London, researchers found that those who multitask during cognitive tasks had IQ scores similar to what you’d expect if they had smoked marijuana or didn’t get any sleep the night before. In fact, multitasking men were found to have IQ drops of 15 points, which put many in the average range of an 8-year-old child.

Some researchers using MRI scans even suggest that multitasking on multiple devices – like texting while watching TV – can damage your brain, although more research is needed to confirm. Researchers at the University of Sussex in the UK found that high multitaskers had less brain density in the anterior cingulate cortex, an area of the brain responsible for empathy and cognitive and emotional control.

“I feel that it is important to create an awareness that the way we are interacting with the devices might be changing the way we think and these changes might be occurring at the level of brain structure,” says Kep Kee Loh, a neuroscientist and the study’s lead author.

Six Rising Home Design Trends

What home-design trends will likely catch on in new construction? Builder Online recently spoke to Mollie Carmichael, principal at John Burns Real Estate Consulting, and Nick Lehnert, executive director at architecture firm KTGY, about the design trends that are gaining popularity in the new-home market this year.
trendsPrivate space
Baby boomers, empty nesters and Gen Yers are showing a preference for homes that have more private outdoor spaces, straying from the traditional “public” backyard, according to surveys. One way some builders are fulfilling this desire is by positioning the home’s architecture strategically around the outdoor space to enclose it more and allow it to be more open to the interior living spaces. They also are creating more covered outdoor spaces.
The Super Kitchen
Besides being a place for cooking, the kitchen is also the entertainment/conversation area in a home. Open-kitchen layouts have continued to grow in popularity, putting kitchens more front-and-center and visibly exposed to other areas of the house. Kitchen islands are offering extra seating and prep space while larger pantries are offering greater storage. “As the hub, it becomes a consumer’s dream to design these elements together with function, practicality and flair,” the designers say.
Bigger Media Hubs
More home owners are looking for a place for their large flat-screen television. Larger television sizes are prompting more builders to realize the need for greater wall space to hang the televisions and larger entertainment rooms to accommodate more seating.
Larger Garage Spaces
If home owners had their way, garages wouldn’t be just for parking the cars. More home owners want spaces for hobbies and storage. Builders are taking notice by creating larger garages for multi-use purposes.
Home Offices
An office and den space is becoming a bigger desire among home buyers, and the location of it in the home is becoming increasingly important. Placing the home office off the entry is no longer considered the most practical location for it, but builders are experimenting with moving it closer to the “living” area, such as off the kitchen or the family room.
Two Homes in One
As multi-generational living gains popularity, builders are responding by carving out more separate spaces for several generations to live together. For example, some builders are offering semi-independent suites with separate entries, bathrooms and kitchenettes.

25th Annual Marge Durham Walk for the Animals

 

A 5K run has been added to the Nebraska Humane Society’s Walk for the Animals. The annual event is set for Sunday, Sept. 28, at the Humane Society Campus, 8929 Fort St. In Omaha.

Registration and check-in open at 8 a.m., the Run begins and 9 a.m. and the Walk at 10 a.m.

walk_logo_2014The one mile walk will proceed east through the park and onto the Keystone Trail then take a loop around the soccer field and head back to the Humane Society. Your four-legged companion is welcome to walk or run with you on the first-ever 5k Run.

General admission is $10 for adults and children 10 and under are free. Those pre-registered online will be admitted for free. Register at www.NeHumaneSociety.org.

Event sponsors include Dino’s Storage and sponsors will have giveaways and information on pet products and services. A silent auction also is on tap and rescue groups will be on hand with volunteers showing what they are doing to help your favorite breeds.

You can meet adoptable dogs at the 9:30 a.m. Adoption Parade and dogs who have been adopted from the Humane Society will lead the pack as the walk kicks off at 10 a.m. There’s even a special short walk route, dubbed the Dachshund Dash, for little legs.

There will be plenty of parking available in the ConAgra lot north of Bakers on the northeast corner of 90th and Fort. From there you can hop a shuttle bus to the Humane Society. And please be good neighbors and try not to take Bakers parking spaces. For $20 you can pull in on the north side of Fort Street and valets will take care of your car for you.

Seven New Materials Could Change Buildings

There is a huge gap between material science and construction. It can take decades to move an engineering breakthrough from a lab to a building site. Yet as architects and engineers face bigger challenges – from earthquakes to dwindling resources to sheer cost – a new generation of smart materials is emerging.

Some of these materials are still far from reality outside the lab, but others are coming much more quickly. These concepts may move into actual construction in months, years or decades. The folks at gizmodo.com offer a look at some of what may lie ahead.

Conductive Paint. A team from North Carolina State University and the University of Eastern Finland are developing a practical version of conductive paint that can sense cracks in a structure. In a study published in June, the researchers explained how the system works: First, electrodes are placed around the skin of the building. Then, the conductive paint is layered over them. After that, a current is run through the electrodes in different combinations, and a complicated algorithm can determine whether the electrical potential has changed – if it has, the system can work out where the problems have occurred. Such of paint could be invaluable for older buildings, or those in earthquake zones. It also could be used to monitor any structural fissures at nuclear power plants.

legobuildingSmart Bricks That Act Like Lego. Lego offers a brilliant solution to prefabricated architecture. Not only do they snap together quickly and leave zero extraneous waste, the holes could provide extra space for wiring, plumbing and even structural reinforcement. With that in mind, a company called Kite Bricks wants to use Lego as a basis for a real-world building material called Smart Bricks. Just like the toy, these concrete-molded bricks snap together with a layer of mortar-like adhesive. Holes in the bricks can be threaded with rebar for extra structural reinforcement. And one side of each brick can be removed to provide access wiring, plumbing and the like stored inside.

Carbon Fiber Rope. One major deterrent to the height of supertall buildings is elevator technology – at a certain height, the amount of steel rope needed to pull people upwards becomes too heavy, increasing the number of separate elevators needed to reach the top skyscrapers. Kone, a Finnish company, has developed an alternative: A rope made of carbon fiber that’s 90 percent lighter and could support elevators up to twice as high as the current limit. Called UltraRope, the material could enable elevators that are up to a kilometer in height. It’ll also change how elevators are serviced, since it will last twice as long as standard steel cable.

Plastic That Lights Up In the Wind. Mechanoluminescence is a phenomenon in which a particular material will light up when it’s put under some form of physical stress. In the case of this material, a team from South Korea’s Daegu Gyeongbuk Institute of Science and Technology infused plastic with colored phosphors made out of copper-doped zinc sulfide. The combination results in a white light when put under mechanical stress. To take advantage of wind energy, the researchers molded the plastic into tubes – when the wind blows, the tubes deflect and the light appears. As for potential uses, imagine facades that light up in the wind, or beacons that glow to broadcast information about weather conditions.

Invisible Solar Cells. If you’ve ever sat inside a room that has photovoltaic panels on the windows, you know it’s easy to recognize the tell-tale, shimmering rainbow color of the cells. Researchers at Michigan State have developed an entirely different type of “solar concentrator” that can be layered over any window. The product takes advantage of non-visible wavelengths of light – ultraviolet and the near infrared – pushing them to the solar cells embedded at the edges of the panels. The result is a material that can make energy from sunlight in any number of practical situations. Examples might include gadget screens, windows and doors.

bambooforestBamboo That Can Compete With Steel and Concrete. Bamboo is inexpensive, it grows fast and it’s surprisingly strong. A team at MIT is studying how to make better use of bamboo in construction. Led by professor Lorna Gibson, the project is testing how and why bamboo is so structurally advanced. They’ve found that the material at the edges of a bamboo rod is actually denser and stronger than the stuff in the middle – and they envision using it to create a secondary building material, like plywood, to make houses and buildings that are stronger, cheaper and less environmentally impactful.

Wallpaper That Charges Your Phone. Sound can transmit energy and a new company called uBeam wants to turn that technology into a building product. A transmitter takes electricity and turns it into ultrasonic sound. A receiver on your wireless device captures that audio and turns it back into energy. You’d be able to charge any device while walking around your home. Right now, uBeam is focusing on putting its technology in wallpaper or a piece of art, but it’s easy to imagine how these transmitters could be embedded in all sorts of materials and places – an ambient web of ultrasonic sound that networks entire buildings.