Monday, April 13, 1998
The University Daily Kansan
Section A·Page 5
Credit unions affected by ruling
By Gerry Doyle
gdayole@kansan.com
Kansan staff writer
A U.S. Supreme Court decision may keep students at the University of Kansas from getting the credit they deserve.
The ruling states that the National Credit Union Administration, which regulates the nation's credit unions, has to restrict credit union membership to members having a common bond.
Curt Sorenson, associate professor of geography and volunteer credit union board member, said credit unions were attractive because their members controlled it, not a corporation. He said the ruling wouldn't affect groups already in the credit union.
While students were let in recently, he said their future was uncertain.
"The decision eliminated our abil
The ruling could hurt credit unions in general and the KU Credit Union specifically, said Mark Humphries, executive vice president of the KU Credit Union. Students were let into the credit union in 1995, and with the ruling, their future has become a gray area, Humphries said.
ity to attract new members," he said.
"It doesn't so much hurt the credit union as it does access to the credit union. The whole student question is a situation of limbo. I think the main issue now is what happens in Congress."
While students will not be kicked out, future groups will not be let in, he said.
The KU Credit Union originally was started for University faculty and staff, he said.
Examples of non-KU groups in the credit union are a garage door group and an auto and truck group, Hummphries said.
not have the choice of credit union membership. It's bad for small employers who have the need for credit union benefits but cannot afford their own. It's about balance and about choice."
"The ruling altered the previous method of operation for the regulator," he said. "Some groups might
A resolution in the U.S. Congress, House Resolution 1151, may revert credit union interpretation to its original status, he said.
While some groups might be left out, no injustice is being done by changing the interpretation of a credit union, said Katy Minnick, St. Joseph, Mo., sophomore. Other unions existed just for certain groups, and anyone can get banking services at a bank if they need them, Minnick said.
The KU Credit Union should be restricted, she said.
CREDIT/NO CREDIT
Who can use the credit union: Students, faculty, staff and some small community groups.
What is a credit union? It's like a bank. It is operated by its members.
Who will be affected: Groups wanting to join who aren't already included.
What can change ruling: House Resolution 1151, now under consideration in Congress
"Where I'm from, the police have a credit union and there's one for city employees," she said. "If it's supposed to be for faculty and students, then restrict it. It's supposed to be a privilege. There are lots of other banks that offer the same thing."
Farmer's Ball bands battle for top spot
Bv Chris Horton
By Chris Horton
chorton@kansan.com
Kansan staff writer
After sorting through 75 tapes, KJHK music staff members and SUA music coordinators selected eight bands for this year's Farmer's Ball.
Entries for the three-night battle of the bands at The Bottleneck are Angrius, Icarus, Solar Moth, The Anniversary, The Norman 360, The Playthings, 2 Player Option and Vosotros.
The first round of KJHK's Farmer's Ball competition will be Monday, April 20 and Tuesday, April 21 with four bands playing each night. The bands were announced Friday afternoon on KJHK's local music show, "Plow the Fields."
Sam Fisk, Galesburg, III., senior and KJHK program director, said the Farmer's Ball was named by Jacki Becker, the original host of "Plow the Fields." The winner will receive the opening slot at Day on the Hill and four hours of recording time at Red House Studios in Eindora. Fisk said.
The different personal tastes of KJHK's music staff provided this year's diverse lineup, he said.
"Out of the last three Farmer's Balls that I've witnessed, this is the most diverse of all." Fisk said.
John Orcutt, SUA live music coordinator, said that the audience would vote each night on two bands. The two bands selected by the audiences from the two nights would proceed to the final round, Friday, April 24.
"I think we've got a good one lined up this year." Orcutt said.
The bands playing Monday, in order, are Solar Moth, Angrius, 2 Player Option and Vosotros, he said. Tuesday night will feature, in order, Icarus, The Playthings, The Norman 360 and The Anniversary.
"We've definitely got a wide variety, including two metal bands — one each night." Orcurt said.
Rob Gillespie, Icarus vocalist and Lawrence resident, performs under the stage name Dick Deluxe and occasionally disrobes and cuts him on stage. Gillespie said his band was ready for the Farmer's Ball.
"It's all a part of my master plan to take over the world with rock'n'
Where: The Bottleneck, 737 New Hampshire St.
**Who:** Angrius, Icarus, Solar Moth, The Anniversary, The Norman 360, The Playthings, 2 Player Option and Vosotros.
FARMER'S BALL
roll," he said.
■ When: First round is Monday, April 20 and Tuesday, April 21. Final round is Friday, April 24.
■ Organized by JKH and SUA
Icarus' music is an attempt to bring back the glam-metal days of the 1990s. Gillesie said.
Jenny Hart, Lawrence senior and bassist for the Playthings, said she was excited about playing with so many Lawrence bands.
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Poetry Reading Tonight
7:30 PM Monday, April 13 CANTERBURY HOUSE 1116 LOUISIANA (Between 11th and 12th)
SHOWTIMES FOR TODAY ONLY
ART BY:
Colette Bangert
David Bromige reading his poetry
No admission Charge - refreshments Co-Sponsored by The Lawrence Poets' Alliance & The Episcopal/Lutheran Campus Center
EARN CASH
$50
By donating your life-saving blood plasma
This Week
Walk-ins welcome
Lawrence Donor Center
816 W.24th Behind Laird Noller Ford 749-5750
Hours:
M-F 9-6:30
Sat. 10-2