Brevard Business BBN News

Vol. 31 No. 5 February 4, 2013 A Weekly Space Coast Business Magazine printed in Brevard County, Florida since 1984 SCCU positions itself as alternative source for commercial

By Ken Datzman

Credit unions around the nation saw their portfolios grow in 2012, with the third quarter a record one for the industry. In that quarter, credit unions posted 31 percent growth in loan originations over the previous year’s performance, topping $88 billion, according to Callahan & Associates in Washington, D.C., which tracks the industry. Since 2007, the start of the recession in the U.S., credit unions have originated more than 105 million loans, to consumers and small businesses, totaling $1.5 trillion. Credit–union members, it seems, continue to see value in their cooperatives, which are positioning themselves as an alternative source for businesses pursuing a commercial loan, at a critical time in the recovery when more small firms are beginning to think about future growth. Credit unions, which have a tax–exempt status, made a push into commercial lending years ago to better accommodate their business members. “From a commercial–lending standpoint, we are trying to get the word out that we feel like we are a good alternative or even a good first choice within the local communities we serve,” said Randall “Randy” Vostrejs, director of business sales and services for Melbourne–based Space Coast Credit Union. “We have the ability to provide services to any business in Brevard County. We help small businesses grow by financing their expansion efforts, supporting their working capital, and providing competitive commercial–lending products and services.” Currently, the law caps credit–union lending at 12.25 percent of total assets. The Credit Union National Association, the trade organization serving the industry, has asked Congress in a letter to enact H.R. 1418, the Small Business Lending Enhancement Act, which would BBN photo — Adrienne B. Roth raise the credit–union business–lending cap to 27.5 percent of total Randy Vostrejs is director of business sales and services for Space Coast Credit Union. He said the refinancing of commercial assets. real–estate loans for SCCU ‘took off in 2012,’ driven by competitive rates and the expansion to five commercial–lending The CUNA says that would permit credit unions to lend an specialists. Vostrejs, who is at the corporate office on North Wickham Road in Melbourne, said he sees continuing growth additional $13 billion to small businesses in the first year after this year from refinancing. enactment, helping them to create 140,000 new jobs at “no cost to taxpayers.”

Space Coast Credit Union offers small businesses “competitive” NEWS, INC. NEWS,

interest rates and loan products that cover real–estate purchases, BUSINESS BREVARD

equipment loans, business vehicles, working capital, and refinanc- PAID

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“The refinancing of commercial real–estate loans took off for us STANDARD PRESORTED

Please see Space Coast Credit Union, page 19 BBN BREVARD BUSINESS NEWS Former newspaper editor Stewart joins 2–1–1 Brevard as its communications manager Belinda Stewart of Melbourne, a former editor at “Florida Today,” has joined 2–1–1 Brevard Inc. as communications manager. Stewart started at the newspaper in 2003 as assistant metro editor and became metro editor in 2006, supervis- ing local news reporters and editors. She left “Florida Today” in 2011. Stewart also is former managing editor of the Iowa City (Iowa) Press–Citizen and assistant manager editor of the Rockford (Ill.) Register–Star. At 2–1–1 Brevard, she will lead marketing, grant–writing, social–media and other communications initiatives. She also will serve as spokeswoman. 2–1–1 Brevard is a United Way–supported nonprofit that operates a telephone–based helpline offering information, referral and crisis intervention 24 hours a day, seven days a week. Funding also comes from the Florida Department of Children and Families, Brevard County and other sources. CIA Theater veteran Hank Rion is named artistic director at the Henegar Center The Henegar Center for the Arts in downtown Melbourne has announced the hiring of Hank Rion of Indialantic as its artistic director, effective mid–February, initially on a part–time basis. He will assume the position full time in mid–May. tall one Rion has extensive experience in all aspects of theatrical production. He is currently director of the Drama Department in the Satellite High School Fine Arts Academy, where he has led the award–winning program for more than five years. Previously (2001–2007) he was an assistant professor at the College of the Albemarle in Elizabeth City, N.C. He FULL COLOR served as the college’s Fine Arts Department chairman from 2003 to 2005. Rion has performed in several national tours including “Grease” and “42nd Street.” He received his bachelor of fine arts/theater arts degree from Valdosta State University and his master’s of fine arts in directing from the City University of New York–Brooklyn College. Jess Parrish Medical Foundation accepting scholarship applications from area students TITUSVILLE — The Jess Parrish Medical Foundation is accepting scholarship applications from high–school seniors who plan to pursue a career in a medical or health–care field related to human health. Scholarship amounts range from $500 to $1,500 and recipients will be announced in May. Scholarships will be awarded to graduating high–school seniors who reside in the Parrish Medical Center service area (State Road 528 north to the Brevard–Volusia county line). Students must have a 3.0 grade–point average or greater, based on a 4.0 scale. Students who have been awarded a JPMF scholarship in previous years may reapply, provided they are continuing in a medical, health–care field related to human health and have maintained at least a 3.0 grade–point average. Students who attend Astronaut High, Space Coast High and Titusville High may obtain an application from the guidance office at their school. Others may obtain an application by calling the JPMF at 269–4066 or by visiting parrishmedfoundation.com. The deadline for submitting applications is Friday, March 15. Hilton Melbourne Rialto Place recognizes area agency as its Nonprofit of the Month In an effort to show appreciation for how Pregnancy Resources makes Brevard County a better community, the Hilton Melbourne Rialto Place has selected the organization as its Nonprofit of the Month for January. “Throughout the month our hotel is highlighting Pregnancy Resources through fund raising and awareness initia- tives,” said Kelly Williams, catering and sales manager for the Hilton Melbourne Rialto Place. “We know Pregnancy Resources is making a positive difference in the lives of local young families. We pride ourselves when it comes to working ERA closely with our area’s nonprofit organizations and we want to be a part of their efforts.” “What an encouragement for a local business to recognize our work,” added Judy Miller, executive director of Preg- pick up BBN nancy Resources. “Our staff and volunteers work tirelessly to help others and this is a great encouragement for all of us. We have also enjoyed breakfast items being delivered to our office each week this month!” 1/28/13 Pregnancy Resources provides free services, education and support in a “compassionate environment” to women and families facing unexpected pregnancy. For more information, or to register for a class, call 752–5540 or visit Page 9 www.MelbournePRI.com. Weichert executives bring firm’s program to real–estate agents at the Palm Bay office Barbara C. Wall Weichert Real Estate Affiliates’ Senior Vice President Bill Scott and Weichert Lead Network Vice President Bill Broker/Owner/President Spadea recently visited Weichert Realtors’ Hallmark Properties office in Palm Bay, which is managed by Donna Brown- [email protected] Wall www.BarbaraWall.com ing. pick up BBN Scott and Spadea came to the office to deliver “The Career Development Summit” to agents from Palm Bay and Melbourne. They travel to Weichert affiliated offices throughout the country to bring the program in–person to agents. 01/21/13 The traveling presentations are designed to bolster agent performance by offering information on “how to harness the power of the Weichert tools,” Scott said. Spadea’s training is focused on “getting the appointment in two minutes or less.” 2000 Highway AIA, Indian Harbour Beach, FL 32937 page ? The Weichert Palm Bay agency opened in July 2012 as one of two locations in Brevard County. The Melbourne office Bus 321-308-0335 Fax 321-768-1899 is managed by Michael Mattesi. Broker Steve Pilchick owns 18 Weichert franchises throughout Florida. Cell 321-749-2444 TollFULL Free 800-709-7600 COLOR Hallmark Properties is located at 5201 Babcock St., Suite 2. The telephone number is 821–4310. $QLQGHSHQGHQWO\RZQHGDQGRSHUDWHGPHPEHURI3UXGHQWLDO5HDO(VWDWH$I¿OLDWHV,QF BREVARD BUSINESS NEWS / 2 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Henegar announces change in lineup with ‘A Grand Night for Singing’ now on schedule The Henegar Center for the Arts in Melbourne’s Downtown Theatre District has announced a change in its current season of shows. “A Grand Night for Singing,” the Tony Award–nominated musical revue by Rodgers and Hammerstein, will run March 8–24. The show replaces “Sunset Boulevard,” which the Henegar looks forward “to producing in the future.” “A Grand Night for Singing” opened the 1994 Broadway season with “flair and distinction,” earning two Tony Nomina- tions, including Best Musical. The show features “beloved songs” from “The King and I,” “South Pacific,” “State Fair” and more. “A Grand Night for Singing” runs through March 24 on Friday and Saturday evenings at 8 o’clock and Sundays at 2 p.m. Tickets are $23 for adults, $21 for senior citizens and $16 for students, plus handling fees. Reserved tickets may be purchased at the Henegar Center box office Monday through Friday. Patrons who have reserved seats for “Sunset Boulevard” may use their tickets for “A Grand Night for Singing,” as no exchange is needed. Space Coast Pops Orchestra to present ‘Big Band Bash’ concert with Mark Nelson Brenner The Space Coast Pops Orchestra will present “Big Band Bash” for the second concert of its 27th annual Subscription Series Season at 2:30 p.m. on Saturday, Feb. 9, at the Merritt Island First Baptist Church on State Road 520 and Courtenay Parkway. new ad emailed Conductor Mark Nelson will direct the Pops Orchestra in performing compositions of George Gershwin, Cole Porter, Richard Rodgers and Larry Hart, Claude DeBussy and Giacom Puccini, with “A Salute to the Big Bands,” and “A Salute to Irving Berlin.” There too will be other selected classics from the Big Band era. Featured vocal soloist Elizabeth Nelson will sing “Embraceable You,” “Night and Day”, “Blue Moon,” “Beau Soir,” and a number of other favored classics. FULL COLOR Single concert tickets are $20 for general admission in advance at ticket outlets. Tickets are $3 more at the door the day of the performance. Imperial Plaza Call 632–7445 for further information, ticket–outlet locations and single concert reserved seat tickets. & The Executive Suites Brevard Parks and Recreation teams with Health First to a present community event 6767 N. Wickham Road The annual “Run Brevard ReCreate Your Life 5K Race Series,” presented by Brevard County Parks and Recreation +TI[[¹)ºWNÅKMJ]QTLQVOTWKI\MLQV\PMPMIZ\WN ;]V\ZMM and Health First Inc., will continue in February with the “Forever Hearts 5K and Fun Walk” at Max K. Rodes Park, 3410 Flanagan Ave., in West Melbourne. This is the third race of the series. There will be three additional races held in various Brevard County Parks through May.  Œ1UUMLQI\M7KK]XIVKa)^IQTIJTM The Forever Hearts 5K and Fun Walk starts at 8 a.m. on Saturday, Feb. 16. The registration fee (before Feb. 9) is $14  Œ+TI[[¹)º.QVQ[PM[QLMWKWVNMZMVKQVO:WWU The foundation will provide transportation to the Cape Café and the Lighthouse via busses. Busses will leave the Œ5MM\QVO:WWU[ Œ;PWZ\4WVO

FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 3 BBN BREVARD BUSINESS NEWS Professor: ‘Smart’ justice is based on much more than just reducing costs sion from the justice system for certain types of offenders the value of ‘justice,’ though we can measure the cost of the By Roberto Hugh Potter to the cutting–edge assessment of offenders to link them to criminal–justice system. The cost of the criminal–justice UCF Forum columnist effective rehabilitation programs. system, including juveniles, is immense. Seeking ways to On the other hand, there is a tendency to focus only on produce justice while reducing the cost of the criminal– I attended a statewide “justice summit” in December, those scientifically supported outcomes that are consistent justice system would seem to be the balance we are but left wondering about how some people think we should with certain agendas. There was a tendency at the seeking as common ground. achieve that. conference to confuse evidence–based, replicated results Using scientifically supported, risk–assessment The gathering was organized by a group that says it with single–study results that had not withstood attempts instruments and procedures, we can target specifically the was “created to place greater advocacy emphasis on to replicate those outcomes in another setting — as long as types of behavioral, social, and health interventions that changes to improve public safety while reducing costs to they supported the desired agenda. have been shown to reduce the likelihood of re–offending. the taxpayers.” Sometimes, however, the least expensive One of the panels at the conference illustrated this This will, over time, reduce the cost of the criminal– route for protecting citizens may not be the best way to when the participants categorically rejected strongly justice system by reducing the number of times an reform “wrongdoers.” established scientific evidence on offender–risk assess- individual returns to the process. Combined with proven, As one of those who have been part of the push to ments. effective prevention programs in health, social and utilize what we now call “evidence–based practice” in the Now, this is not unique to any one group. Many groups behavioral areas, we can reduce the number of individuals Florida justice system since the late 1970s, I find the and individuals continually challenge empirical evidence. entering the criminal justice system in the first place. emergence of groups like those in attendance both Alas, scientific evidence is utilized by many politically The outcomes of this scientifically based approach encouraging and curious. focused individuals to their advantage and the disadvan- include not only a higher quality of life for those who On one hand, these groups promote the use of empiri- tage of their opponents. I would argue this is a misuse of engage in and are victimized by crime — often the same cal, scientific research to push for legislative and agency science, and one all too frequently encountered. people — but also a reduction in the cost of the criminal– policy and practice. This includes everything from diver- Unlike one of the researchers on the conference agenda, justice system to citizens. I do not hold that justice policy should be determined solely The key point is that quality of life may need to be by scientific research. favored over the cost–savings in operating the justice Justice, that proverbial sausage, is a mix of basic system. It is our hope and belief that improving the quality Brevard Business morality, philosophy, science, and politics. In my not– of our collective social lives will reduce the cost of the BBN News always–humble opinion, we researchers at universities justice system, while producing greater justice. and in the private sector should be contributors to this That strikes me as truly “smart justice.” process, but we should not seek to dominate the process UCF Forum columnist Roberto Hugh Potter is a 4300 Fortune Place, Suite D more than any other citizen or group of citizens. We in the academy are a resource for justice, and I hope sociologist, professor and director of Research West Melbourne, FL 32904 Partnerships in the University of Central (321) 951–7777 legislators view their public universities as such more Florida’s Department of Criminal Justice. He fax (321) 951–4444 often. BrevardBusinessNews.com Justice is not just about fiscal policy; we can’t measure can be reached at [email protected].

PUBLISHER Tampa Media Group expands its coverage, announces debut of ‘St. Petersburg Tribune’ Adrienne B. Roth The Tampa Media Group is expanding its news coverage and rolling out new offerings on both sides of Tampa Bay. The “St. Petersburg Tribune,” a Pinellas County edition of “The Tampa Tribune,” debuted Jan. 6. EDITOR With a Pinellas–based news staff, the Tribune’s newest edition will publish seven days a week and provide a “robust Ken Datzman local news report,” sports coverage, columns and opinion pages that offer a fresh perspective on issues. SPECIAL PROJECTS EDITOR “Our recently announced private local ownership provides us an opportunity to invest in ways that are specifically Bill Roth focused on the needs of our communities, readers and business partners,” Tribune Publisher William Barker said. “Therefore, I couldn’t be more excited to announce our added investment in reporting and photography resources dedicated to key communities in Pinellas.” Brevard Business News is published every Monday by The Tribune’s new edition also will bolster coverage on TBO.com, the top news site in the Tampa Bay market, through Brevard Business News Inc. Bulk Rate postage is paid at a new Pinellas channel. “This more clearly demonstrates our belief that every town and local community deserves to have Melbourne, FL and Cocoa, FL. This publication serves business executives in Brevard County. It reports on its own news coverage, focused on its unique characteristics and needs,” Barker said. “The Tribune and our family of news, trends and ideas of interest to industry, trade, brands are dedicated to being our community’s first choice for local information not found anywhere else, while helping agribusiness, finance, health care, high technology, those very communities and local businesses thrive.” education and commerce. The Tribune said it plans to expand circulation and advertising in Pinellas County. Letters to the Editor must include the writer’s signature and printed or typed name, full address and telephone Valerie Allen to conduct SCWG workshop Feb. 2 number. Brevard Business News reserves the right to edit Valerie Allen, a psychologist, author and speaker, will conduct a workshop for the Space Coast Writers Guild from all letters. Send your letters to: Editor, Brevard Business 10 a.m. to 12 p.m. on Saturday, Feb. 2, at the West Melbourne Public Library, 2755 Wingate Blvd. The program is titled News, 4300 Fortune Place, Suite D, West Melbourne, FL, “Marketing Strategies to Sell Your Writing.” The registration fee is $12 and includes materials and handouts. A portion 32904, or email [email protected]. of the registration fee will be donated to the library and the Space Coast Writers Guild. The workshop is open to the Subscription Rates for home or office mail delivery are public and is designed for both new and seasoned writers. Allen is the author of six books, which include fiction, $26.00 for one year (52 issues). Send all address nonfiction and children’s literature. She is the co–founder of Authors for Authors. The second edition of her popular changes to: Circulation Department, Brevard Business book, “Write, Publish, Sell! Quick, Easy, Inexpensive Ideas for the Marketing Challenged,” will be used during the News, 4300 Fortune Place, Suite D, West Melbourne, FL, workshop. To register for the event, visit www.ValerieAllenWriter.com or send an e–mail message to 32904, or email [email protected]. [email protected].

BREVARD BUSINESS NEWS / 4 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Pickett to lead Small Business Development Center at BCC as its longtime director Vicky Peake retires Brevard Community College recently announced that Robert “Rob” Pickett has been promoted to director of its Small Business Development Center on the Melbourne campus. The announcement was made following the retirement of longtime director Vicky Peake in December. Pickett has lived in Brevard County since 1987 and is a graduate of the University of Virginia. As director, he will be involved in community outreach, creating awareness of the services available at the SBDC to area professionals and civic leaders, as well as Caring Hearts consulting for individuals interested in entrepreneurship, and those already in business. Pickett brings to his role a background that includes more than 20 years’ experience in commercial banking and small–business management. He is a Certified Business Continuity Professional who has achieved additional new ad emailed certification in Profit Mastery and Growth Wheel. The goal of BCC’s SBDC is “helping businesses grow and succeed.” Upcoming training courses include topics such as Business Planning, Legal Clinic, Government Contracting, along with many others. For information about courses, visit www.BrevardCC.edu/go/SBDC. An evening of wine, food and friends, featuring Don Soledad, Flamenco Guitarist and a Bright House Networks rolls out new Internet offerings, fast Live Auction offering exciting getaways, wines and jewelry speeds, better online experience for the customers ORLANDO — Bright House Networks customers can now take advantage of even Saturday, April 20, 2013 –– 5 pm to 8 pm faster Internet speeds and a better online experience with the company’s new High Speed Data offerings in all of its markets. at the home of Ed & Jeanne Andre´ Effective Jan. 15, Bright House Networks offers download speeds up to 60Mbps download and 5Mbps upload. 3800 North Riverside Drive, Indialantic Bright House Networks’ new High Speed Internet offerings enrich the online media experience for multi–tasking individual users and households with multiple users, $125 per person enhancing your movie streaming, gaming and more, all at the same time. The new service offerings also include enhanced online security, Wi–Fi, McAfee Sponsorship Available Antivirus, parental controls and 24–hour customer support, and generally cost $5 more per month, depending on a customer’s current service level. You may register on our secured website: www.CCCfoundationInc.org Bright House Networks will also increase the speeds in its small and medium–sized For additional info please contact Marta Fiol business offerings as well, offering download speeds of up to 70Mbps and 5Mbs upload. Ph: (321) 426-5145 or mfi [email protected] For more information about Bright House Networks High Speed Internet and all other Bright House Networks products and services, visit www.brighthouse.com. The foundation is a tax exempt public charity under section 501(c)(3) of the Internal Revenue Code, Bright House Networks is the sixth largest owner and operator of cable systems in the Tax ID 59-3193042. A copy of the offi cial Registration and Financial Information may be obtained U.S. and the second largest in Florida with technologically advanced systems located in from the Division of Consumer Services by calling Toll Free (800-435-7352 within the State Regis- five states including Florida, Alabama, Indiana, Michigan and California. tration does not imply endorsement approval or recommendation by the State. Registration #CH9969 Tom Weinberg to lead Canaveral Port board Cocoa Beach resident Tom Weinberg will serve as chairman of the Canaveral Port Authority Board of Commissioners for 2013. The former chief of staff for former Florida Master Sen. Mel Martinez was elected unanimously to the position during the board’s first meeting of the year. Also elected were Titusville attorney Jerry Allender as vice chairman your and Cocoa citrus grower Frank Sullivan as secretary–treasurer. Titusville attorney John Keiser Evans begins his first term on the board. Also serving will be Merritt Island auto– FUTURE dealership owner Bruce Deardoff, the immediate past chairman of the board. Earn your MBA Vendors sought for crafts, plant sale at Wickham Park with concentrations in: Brevard County Parks and Recreation will host a Spring Craft and Plant Sale at UÊAccounting new ad emailed UÊi>Ì Ê-iÀۈViÃÊ >˜>}i“i˜Ì Wickham Park from 10 a.m. to 4 p.m. on Saturday, March 9. The fair will be held inside UʘÌiÀ˜>̈œ˜>Ê ÕȘiÃà the park, 2500 Parkway Drive in Melbourne. Wickham Park is seeking craft vendors, food UÊi>`iÀà ˆ«ÊvœÀÊ >˜>}iÀà vendors and local nurseries or novice plant propagators to participate in the event. Vendor UÊʘvœÀ“>̈œ˜Ê-iVÕÀˆÌÞÊ >˜>}i“i˜Ì spaces, 10–foot by 10–foot, are available for $21.20 each. Spaces are located in an uncov- UÊ >ÀŽï˜} ered grassy area. Tables will not be provided. To request a registration packet via e–mail, Also offering online Master’s Degrees in: fax or postal mail, contact Tabitha Niemann at [email protected]. ‡Ê Àˆ“ˆ˜>ÊÕÃ̈ViÊ Packets are also available for pickup at the Ranger Station inside Wickham Park or can ‡Ê*ÃÞV œœ}Þ 888.960.5760 ‡Ê >˜>}i“i˜Ì *Online only be downloaded at www.BrevardCounty.us/ParksSouth. The deadline to register is ‡Ê ÕÀȘ} KUMelbourne.com Monday, March 4. For more information, call Wickham Park at 255–4307 or visit AdmissionsAdmissioi ns HHours:ours: Mon - Thurs 7:30a.m. - 8p.m., www.BrevardCounty.us/Wickham. Fri 7:30a.m. - 5p.m., Sat 9a.m. - 2p.m.

FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 5 Reserve your seat today! Space is limited.

One Senior Place 8085 Spyglass Hill Rd., Viera Tuesday, Jan. 22 at 9:30 am Holmes Regional Medical Center 1350 S. Hickory Street, Melbourne Thursday, Jan. 24 at 2 pm (Auditorium B) Viera Hospital Are you new to 8745 N. Wickham Road, Melbourne Wednesday, Jan. 30 at 5:30 pm Medicare? The Knowledge Exchange 5151 Babcock Street NE, Palm Bay Wednesday, Feb. 6 at 10 am Cape Canaveral Hospital 699 W. Cocoa Beach Causeway, Cocoa Beach Step this way! Thursday, Feb. 14 at 2 pm (Conf. Room C) There are a lot of options for Medicare coverage. But Call toll free 1.877.904.4909 the answer to fi nding a Medicare Advantage plan that’s right for you is just a short step away. Join us (TDD/TTY relay 711) at a FREE Health First Health Plans seminar, and: 7 days a week, 8 am to 8 pm UÊ Learn about the Medicare star ratings and why they’re important UÊ Compare extra benefi ts for services Medicare doesn’t cover UÊ Enjoy benefi ts you can use day in and day out to improve your health, like a fi tness center membership included at no extra cost www.HealthFirstHealthPlans.org Y0089_EL3250 CMS Accepted 01132013 Health First Health Plans is a Medicare Advantage organization with a Medicare contract. The benefi t information provided is a brief summary, not a complete description of benefi ts. For more information, contact the plan. Limitations, copayments, and restrictions may apply. Benefi ts, formulary, pharmacy network, premium and/or co-payments/co-insurance may change on January 1 of each year. A sales person will be present with information and applications. For accommodation of persons with special needs at sales meetings, call toll free 1.877.904.4909 (TDD/TTY 711).

BREVARD BUSINESS NEWS / 6 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Historic Cocoa Village Playhouse set to open world premiere of ‘Build Me Up Buttercup — The Musical’ The Historic Cocoa Village Playhouse is set to present characters of the late 1960s and early 1970s to life.” The o’clock, with additional performance on Thursday, Feb. 7, the world premiere of “Build Me Up Buttercup — The audience will experience the world of the L.A. music at 7:30 p.m. and Thursday, Feb. 14, at 7:30 p.m. There Musical.” industry with original scenic design by Ian Cook and will be no Saturday evening performance on Feb. 9 Author and composer Tony Macaulay has written this choreography by Pamela Larson. because of the Mardi Gras in Cocoa Village. new musical featuring many of his top hits, as well as The cast includes Rick Roach of Rockledge as “Shel Tickets prices are $26 for general admission, $24 new music that he created for this premiere production. Feldman.” Feldman leads the cast through the storyline students, senior citizens and military personnel, and $18 Macaulay has sold more than 52 million records and of the band “Arizona” in its rise to fame. for children (12 years and younger). CDs of his songs worldwide. Twenty–four of his songs Band members include James Spiva of Merritt Island The prices include a $2 service fee. Tickets are were Top 20 hits in America, with four topping the as “Andy,” Lawrence Mazza II of Cape Canaveral as available at www.cocoavillageplayhouse.com. Reserva- charts. His sales include 15 platinum albums. “Josh,” Garrett Hinton of Melbourne as “Fish” and Chris tions can also be made by phone at 636–5050 or by Macaulay has won The Academy Award (BASCA — Walker of Cocoa as “Rehab.” visiting the box office, Tuesday–Friday from 10 a.m. to 6 The Ivor Novello Award) in his native Britain nine times The role of “Suzy Butterfield” is portrayed by Lisa p.m. — twice as “Songwriter of the Year.” Eleven awards Marie–Rhodes of Cocoa. Hayley VerValin of Viera The Historic Cocoa Village Playhouse, in its 23rd celebrate a recording of his receiving a million plays on portrays “Rosie.” Stephan Snyder of Cape Canaveral season, serves more than 55,000 audience viewers each American radio. portrays the hilarious role of radio DJ “King Connelly.” year, with an active schedule including seven large Staci Hawkins–Smith, director and producer of “Build In all, a cast of 60 Playhouse performers bring this musical productions and three children’s shows. Me Up Buttercup — The Musical,” said the Cocoa Village “energetic musical comedy to life.” Along with a small paid staff, the core of the Play- Playhouse premiere “will be the beginning of what will The performance dates for “Build Me Up Buttercup” house is a cast of over 600 volunteer performers, artists, prove to be a successful musical both nationally and are Feb. 1 through Feb. 17, on Friday and Saturday technicians and ushers who give more 100,000 accredited internationally.” nights at 7:30, Saturday and Sunday matinees at 2 community–service hours each year. Hawkins–Smith, executive director of the Cocoa Village Playhouse, added, “You will leave our theater knowing that you saw it first and enjoying every moment Football star Ricky Watters is speaker for Club Esteem’s ‘Beyond Breakfast’ event of the script and the music.” Club Esteem has announced its inaugural business–leaders event: “Beyond Breakfast.” The music will be performed by a live orchestra led by Ricky Watters will be the keynote speaker. He played on a Super Bowl championship team with San Francisco as J. Thomas Black Jr., who also provided the musical well as an NCAA national title team. arrangements for Macaulay. Watters starred at Notre Dame, and played for Seattle, Philadelphia and San Francisco in the NFL. The gifted Familiar songs throughout the production include the speaker “motivates both youth and adults with his powerful life story.” hits “Build Me Up Buttercup,” “Baby, Now That I’ve The breakfast is from 7:30 till 9 a.m. on March 12 at the Hilton Melbourne Rialto Place. All breakfast attendees will Found You,” “Love Grows (Where My Rosemary Goes),” receive an autographed, hardcover copy of Watters’ book, “For Who, For What: A Warrior’s Journey.” “Don’t Give Up On Us Baby” and “Last Night I Didn’t Get Sponsorships are available for the event ranging from $500 $10,000. All event sponsors donating $1,000 or more will To Sleep At All.” be included in a private cocktail reception with Watters the evening before the breakfast. Proceeds from the breakfast The score also premieres new songs by Macaulay, will benefit Club Esteem’s programs and services. “destined to become classics as well,” she said. Club Esteem is a 501 (c)(3) not–for–profit organization that offers free after–school programming for school–aged The show is set in the music industry in Los Angeles children from economically disadvantaged communities. Their programming includes tutoring, homework help, SAT/ of the early 1970s, when pop music was young, and rock ACT test prep, music lessons, dance, art, drama, community service, and more. still ruled the world. The gold rush, started by “The Club Esteem has been operating in the Melbourne area since 1991 and currently serves more than 130 children and Beatles,” was in full ferment and everyone wanted in. their families. Getting a hit record was hard; getting paid, even Sponsorship and ticketing information is available at www.clubesteem.com. Individual tickets may also be pur- harder. Fortunes were made, lost, and made again. chased through Event.Pingg.com/BeyondBreakfast. Questions regarding event sponsorship may be directed to Jennifer The costume designs by Daniel Hill “will bring the Ottomanelli, Club Esteem’s fund development director, at [email protected], or call 298–8381. BUSINESS...THE OLD FASHIONED WAY! U.S. TREASURY APPROVEDCommunity SMALL Bank BUSINESS LENDING FUND pick up BBN “We Are A Small 1/28/13 Business Doing Business Are you leasing your page 14 commercial building? With Small Businesses.” FULL COLOR Now is the time to purchase with SBApayment! for 10% down

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FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 7 BBN BREVARD BUSINESS NEWS Jeff Sterling joins Health First as new vice president of managed care; newly created position for provider ROCKLEDGE– Jeff Sterling has joined Health First as similar to Health First, is a completely integrated health– health–care industry, with his experience equally split the vice president of managed care, reporting to Joe care delivery system. While at El Paso First, he held a between hospital and health–plan responsibilities. He Felkner, chief financial officer for Health First. unique dual role and was responsible for all managed care earned his bachelor’s degree in accounting from the In this newly created role, Sterling will direct and operations of the health–care plan, as well as the hospital University of Central Florida. oversee the entire managed care function of the four provider entities. Sterling and his wife Tamara have relocated to Brevard Health First hospitals and the Health First Medical Sterling has 20 years experience in the managed from Orlando. Group. Sterling will lead the development of the managed–care strategy for Health First that will provide critical direction Melbourne Alumnae Panhellenic Women event Feb.6 as systems such as Health First adjust to comply with The Melbourne Alumnae Panhellenic Women will host its annual “Sweet on Ourselves Dinner” at 7 p.m. on Wednes- health–care reform. day, Feb. 6, at Calilou in downtown Melbourne. The address is 901 E. New Haven Ave. The cost is $31.99. All National Sterling most recently was the regional director of Panhellenic Conference sorority members are invited to attend the function. For further information, call 254–0672 or managed care for Universal Health Services (UHS), a visit www.MelbournePanhellenic.org. national, for–profit hospital system based in Pennsylvania. Environmentally Endangered Lands committee to meet Feb. 7 In that role, he was responsible for the managed–care strategy for the UHS hospitals, physicians, and ancillaries A meeting of the Environmentally Endangered Lands Program’s Procedures Committee, established by the Brevard in the Florida and South Carolina markets. County Board of County Commissioners, will be held from 2 to 4 p.m. on Thursday, Feb. 7, at the EEL Program office, Before joining UHS, Sterling was the director of 91 East Drive, in Melbourne. The purpose of the meeting is to review policies and procedures of the EEL Program. Any managed care with El Paso First in Texas. El Paso First, questions regarding this meeting should be directed to Laura Clark at 255–4466 or [email protected].

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*New members receive a $60 bonus after 60 days if the account is in good standing, has a minimum direct deposit of $100 monthly, and eStatements. Budget Checking receives no dividends and has no minimum balance requirement or monthly service fees. ¹Text balance & transfer fees may apply depending on your wireless carrier. Check your wireless plan. Membership share account with a one-time fee of $5 is required. Membership is available to Brevard, Orange, Osceola, Indian River, Volusia, & Polk County residents. /8JDLIBN3E4UF .FMCPVSOF|#PVWJFS"TTPDDPN Federally insured by NCUA. Securities offered through 1st Global Capital Corp. Member FINRA, SIPC. Investment Advisory services offered through 1st Global Advisors, Inc. BREVARD BUSINESS NEWS / 8 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Space Coast Credit Union names CPA Bailey to its Asset Liability Management Committee Stephen Bailey has been appointed to serve on the ensures that SCCU maintains a proper balance of loans not–for–profit financial cooperatives, members serve Asset Liability Management (ALM) Committee for Space and deposits needed to achieve satisfactory and consistent voluntarily. Coast Credit Union. earnings, liquidity, and safety.” SCCU was chartered in 1951 and is headquartered in Bailey, recently retired, is a certified public accountant In general, the committee monitors adherence to the Melbourne. The credit union serves more than 239,393 with 35 years experience “building and leading successful ALM and investment policies of the board. The committee members and has assets over $3 billion. SCCU has a operations.” helps assess balance–sheet risk, including interest rate network of 57 branches and over 100 ATMs located In his last position, he served as chief financial officer and concentration risk, as well as the adequacy of the loan throughout Florida. for Melbourne–based BRPH Cos. Inc., until April 2012. loss allowance. The credit union is open for membership to anyone who Before that, Bailey was with EG&G Florida Inc., locally, Committee members are appointed by the credit lives or works in the 14 Florida counties it serves. Loca- where he held multiple positions, including deputy general union’s board of directors and, because credit unions are tions can be found at SCCU.com/locations. manager and director of administration. Bailey earned his bachelor’s degree in accounting from St. Bonaventure University. Divine Mercy Catholic Academy benefit set “SCCU is pleased to have Steve on our ALM Commit- Divine Mercy Catholic Academy, a nonprofit organization, will host a Dinner Dance and Silent Auction from 5:30 to tee.” said Douglas Samuels, SCCU president and chief 10:30 p.m. on Saturday, Feb. 2, on Merritt Island. The fund–raiser will benefit the school and be held in the Social Hall at executive officer. Divine Mercy Academy and Church, 1940 N. Courtenay Parkway. The cost is $25 per person, if the ticket is purchased by “Safety and soundness is a primary focus for SCCU, Jan. 25. The fee is $30 after that date. Tables that seat eight or more people are available for reservation, by Jan. 25. The and our board has established the ALM committee to dinner will be catered by Carrabba’s of Merritt Island, with musical entertainment by disc jockey “MasterKey.” Tickets oversee the credit union’s portfolio risk. This committee are on sale at the school and the church offices, or by calling 452–0263. Visit www.dmccs.org for more information.

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HENDERSON SOUTHEAST CORPORATION A Licensed Real Estate Brokerage Betts Silvernail www.hendersonsoutheast.com First Vice President- Investment Offi cer FA Name Suntree Branch 3101 Casabella Place Medical & Compliance-Approved Title Melbourne, FL 32940 Address and Suite Number EMT Supplies City Name, State Zip321-751-5615 XXX-XXX-XXXX • [email protected] Medical & EMT Supplies Web or E-mail Address Uniforms  Shoes  Accessories Investment and Insurance Products: X NOT FDIC Insured X NO Bank Guarantee X MAY Lose Value Melbourne Shopping Center Wells Fargo Advisors, LLC, Member SIPC, is a registered broker-dealer and a separate non-bank affiliate of Wells Fargo & Company. 1387 S. Babcock Steet ©2010 Wells Fargo Advisors, LLC. All rights reserved. 0910-0809-43883526 [74938-v2] (093685-v1) A1440 A14444 676-0000 FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 9 BBN BREVARD BUSINESS NEWS Application deadline March 15 for Gary R. Cunningham Entrepreneurial Award presented by CIA Developers and partners; package includes rent and services The award seeks out, identifies, and rewards a By Ken Datzman local entrepreneur who best demonstrates an ability to develop and manage an early stage or startup The late businessman Gary R. Cunningham cut a company. “It can also be a business that is looking to wide path across Brevard and Volusia counties expand,” said Aaron Anderson. “We would be happy taking risks and developing commercial properties to consider them, too.” over an entrepreneurial career than spanned three He added, “In general, the Gary R. Cunningham decades. Entrepreneurial Award is a great opportunity A developer of speculative industrial real estate because it helps a young business with its overhead for lease, Cunningham viewed small–business costs. If someone is sitting on the fence and don’t operators and early stage entrepreneurs as job think they are quite ready to compete for the award, creators who fueled the economy and drove prosper- we encourage them to go ahead and apply.” ity in communities. For students at area educational institutions “The last couple of years have not been the wishing to apply, representatives have been greatest of times for businesses,” said Aaron established at Brevard Community College, the Anderson, director of leasing for Cunningham, University of Central Florida, Florida Tech, and Ingram and Anderson Inc. in West Melbourne, a Embry–Riddle Aeronautical University. firm known as CIA Developers. Past winners have included Better Than “But there are indications the market is starting Broadway Studio (2012), Sea–Watch Technologies to turn, and small businesses will be at the front of and Pot Belly Produce Co. (co–recipients in 2011), that activity.” C2D Development (2010), and Quix Products (2009). The pace of recovery in hiring and job creation The main feature of the award is $10,000 in since 2008 is stronger in newer firms — those two rental space at a CIA–managed facility. Since the years old or younger — than in more established award was created, CIA has given $50,000 in lease companies, according to “Job Creation, Worker space to the winners of the competition. Churning, and Wages at Young Businesses,” a new The award package also includes complementary report by the Ewing Marion Kauffman Foundation, information–technology services from ndtHost, an organization whose focus includes advancing financial planning from Michael Welch Jr. of Merrill entrepreneurship in America. Lynch, and advertising in “Brevard Business News,” Despite elevated worker turnover rates, the a weekly publication. percentage of hiring based on job creation is much CIA is looking for additional award partners to greater at startups than at more mature firms. Four round out the package of complementary services out of every 10 hires at young businesses are for given to the winner each year, said Aaron Anderson. newly created jobs, much higher than in older “We would love to include accounting services or companies, where the ratio fluctuates between 0.25 even legal services. We welcome accounting and and 0.33. legal firms and any other type of business that is BBN photo — Adrienne B. Roth Anderson, a University of Florida graduate, said interested in supporting a startup company in the Aaron Anderson is director of leasing for Cunningham, Ingram and Anderson Gary R. Cunningham not only was the landlord to local market.” Inc. in West Melbourne. His company presents the annual Gary R. Cunningham many small, growing businesses in Brevard and For more information on the Gary R. Entrepreneurial Award, which honors the late businessman who founded CIA Volusia counties, “but he also was a mentor to them. Cunningham Entrepreneurial Award, including how and was a mentor to upstart and early stage companies in Brevard and Volusia They seemed to lean on him for advice. He was to become a partner, contact Aaron Anderson at counties over a 30–year career. The centerpiece of the award package is instrumental in helping them down the path of 723–3400. His e–mail address is Aaron@CIA– $10,000 in rental space at a CIA–managed facility. entrepreneurship.” Developers.com. Gary R. Cunningham’s entrepreneurial spirit To download an application for the Gary R. Cunningham on Brevard County’s potential growth and prospects for lives on today in the form of an award presented by Cunningham Entrepreneurial Award, visit real–estate development. the company he founded in 1981, CIA Developers www.CIA–Developers.com/Award.cfm. Gary R. Cunningham’s first development project was Melbourne Inc., and that he retired from in 1999. A panel of business leaders will review the Business Park, a 123,000–square–foot industrial complex that was the The principals of the West Melbourne–based firm applications and select the award winner. The first of its kind on John Rodes Boulevard in Melbourne. The 100 created the award in Cunningham’s honor following finalists will make formal presentations to the percent speculative project was a joint venture with a life–insurance his passing in 2008. They are: Robert “Buz” Ander- selection committee once a date has been set. The company. son, chief executive officer and chief financial officer; Gary R. Cunningham Entrepreneurial Award His company went on to develop and build a portfolio of business Bruce Ingram, president and broker; and Gary recipient and runner–up will be announced on parks and facilities in select areas of Brevard, including West Cunningham, vice president, broker, and director of Wednesday, May 1. Melbourne. CIA Developers pioneered industrial facilities in West property management in Brevard. After starting his business in Daytona Beach, Melbourne such as Fortune Place Business Park (127,675 square feet) Now the partners are announcing the fifth Gary R. Cunningham, who in 1994 authored the and nearby Woodland Business Park (76,250 square feet). annual call for entries for the Gary R. Cunningham book “Much About A Rectangle," later relocated the Today, the company’s portfolio contains 1.5 million square feet of Entrepreneurial Award, with the application firm to Melbourne. Ingram, who at the time was an high–tech office, manufacturing, and industrial facilities. CIA has 26 deadline set for March 15. economic developer officer in the local market, sold properties in the two counties.

BREVARD BUSINESS NEWS / 10 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Brevard Workforce reaches out to businesses to participate in OJT program funded by National Emergency Grant to help dislocated aerospace workers getting people employed. We need more By Ken Datzman businesses to engage us and say, ‘I am willing to hire an aerospace worker’ and to ROCKLEDGE — Brevard Workforce is look at the well–qualified candidates we sitting on roughly $7 million to jump–start have for the OJT program.” re–employment for dislocated aerospace “The return on investment on OJT is workers and is reaching out to businesses significant,” said Blanchard. “As fast as in the region to participate in a program industry trends are changing, especially that is tailored to benefit both the employee around technology, one of the things we and the employer. hear from employers is the challenge they The money is part of a grant Brevard face trying to find talent that meets the Workforce was awarded by the federal specific requirements of the job.” government for on–the–job training Blanchard said there is a “great talent opportunities for unemployed aerospace pool in our work force. Employers do not workers. need to spend dollars, resources, and time Lisa Rice, president of Brevard looking for talent throughout the nation to Workforce, says her agency is seeking more fill a local position. And with the OJT private–sector businesses to take part in program, we help augment the cost of the the earn–and–learn program as the training.” deadline nears. Employers participating in the OJT “It’s like a present that is sitting there projects receive partial reimbursement to waiting for a business to unwrap, and they offset the cost of training workers. “The are walking right past the gift,” she said. program pays for up to 50 percent of the “In my opinion,” added Judy Blanchard, salary during that training time,” said director of industry relations at Brevard Rice. Workforce, “and I think most of my The program participant is placed in a colleagues agree with me, the OJT job, trained in–house at the business, in a initiative is probably the best program we skilled or semiskilled occupation, and then have to offer the business community.” typically hired permanently. She says it’s a “win for the job–seeker Over the past two years, Blanchard said because the individual is being placed in a the program has been successful pairing permanent position while learning a new workers with a range of employers in the skill set. It’s a win for the employer because region. the employer is able to invest the time to “We have put 244 former aerospace get that individual up to speed, and that workers into OJT opportunities under the BBN photo — Adrienne B. Roth has value for the organization as a whole.” National Emergency Grant. That number Judy Blanchard is director of industry relations for Brevard Workforce. Her agency is looking to In June 2010, the U.S. Department of includes 100 different employers. It’s a very involve more private–sector businesses in the Department of Labor’s On–the–Job–Training program Labor provided Brevard Workforce with a detailed training plan with checks and for dislocated aerospace workers, a grant that Brevard Workforce currently holds through June of this $15 million two–installment National balances in place.” year. The program is open to all types and sizes of businesses. Employers receive partial reimburse- Emergency Grant to assist aerospace Area businesses that have taken part in ment to offset the cost of training workers. workers affected by the close of the space– the program training and hiring workers shuttle program. The initial contract, as include AAR Airlift, Avatar, ASRC work to find the best candidate for the work forces and slicing expenses to better part of the DOL’s best–practices program, Aerospace, Craig Technologies, DynCorp employer.” deal with the economic downturn. covered 24 months. International, Luke and Associates, Matrix Rice cited DOL studies that show these “We are making progress getting people Brevard Workforce then asked DOL for Composites, Professional Aircraft Associ- types of training programs are effective. back on payrolls,” said Rice. “We have re– an extension, which it was granted through ates, IAP World Services, Florida Power “People who are engaged in OJT are 50 employed 4,060 aerospace workers (as of June 13 of this year. Rice said she plans to and Light, Harris Corp., Restoration percent more likely to be employed one mid–November 2012). That’s a big number, ask for a further extension of the perfor- Medicine, Siemens, and Teledyne. year later than those who didn’t engage is and it is growing. We usually report our mance period of the grant, but there is no “This is not about moving people who such a program.” numbers a month or so after the quarter guarantee it will be given. were making $60,000 to $80,000 a year For more details about the OJT ends. Around mid–February, we’ll have “If DOL doesn’t give us an extension of into $10–an–hour jobs,” said Blanchard. opportunity, call Blanchard at 394–0567. updated numbers to report.” this grant, this money will go away. So it “Some of these positions pay $37, $30 and Her e–mail address is Brevard County had roughly 8,000 makes sense for interested businesses to $24 an hour, for example.” [email protected]. “dislocated aerospace workers when the step up now and tell us about the positions The OJT contracts are open to all types The OJT initiative is part of the broader layoffs from the space program came, they have open, or the openings they expect of businesses in the region, said Rice. The Brevard Workforce’s Aerospace Workforce which was in the middle of a recession that to have between now and June 13,” said company must have at least three employ- Transition Program, which rolled out saw one of the largest increases in unem- Rice. ees. “And they have to have a location. It several years ago at a time when busi- ployment in the U.S. in decades,” said She added, “One of our challenges is can’t be a home–based business. We will nesses across America were shrinking their Blanchard. “We’re coming back up.”

FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 11 BBN BREVARD BUSINESS NEWS McIntyre honored with Cocoa Beach Chamber’s Distinguished Service Award at 45th Installation Banquet MERRITT ISLAND — Larry McIntyre of Clear office to the new chairman, officers and board of directors. Russell, Ron Jon Surf Shop of Florida Inc.; Ron Nesbitt, Channel Outdoor received the Cocoa Beach Regional Cindy Dropeski, of Intracoastal Insurance Inc., is the Ronald Nesbitt Attorney at Law; Dawn Faust, Space Coast Chamber of Commerce’s highest honor, the Distinguished Chamber’s 2013 chairwoman of the board. Cancer Foundation; Susan Averill, Seacoast National Service Award, at the organization’s 45th annual Installa- The 2013 officers and directors inducted included Bank; Dennis Watkins, Select Insurance Group; Beth tion Banquet Jan.18 at the Crowne Plaza Melbourne immediate 2012 chairman, Tom Vani, S&S Enterprises Courtney, Shouppe & Courtney Team of VALIC Financial Oceanfront Hotel. Inc.; 2014 chairman–elect, Roy Wright, Health First Inc.; Advisors; Jackie Barker, Sky Advertising Inc.; Jim Kuzma, More than 200 Chamber partners and their guests Moses Harvin II, American Services Technology Inc.; Space Florida; Tommy Alston, Tommy Alston/Alston attended the gala. The gala theme was focused around the Dr. O.K. Armstrong III, Armstrong Chiropractic Family Properties (Lifetime Member); Al Trafford,Trafford Realty Chamber’s 45th Anniversary. Center; Robyn Killary–Greene, Blue Sky Insurance Co. (Lifetime Member); Leonard Spielvogel (Lifetime McIntyre has been a part of the community and Clear Agency of Brevard Inc.; Anna Palermo, Bright House Member); Kristi Worley, Waste Pro USA; Jeanna Channel Outdoor for 30 years. Networks LLC; Rosalind Postell–Harvey, Canaveral Port Merrifield, Wild Ocean Seafood Market; Tim Cerullo, His involvement with professional associations include Authority; Brenda Fettrow, YMCA; Dave W. Spain, Wuesthoff Health System Inc. and Ralph Golson, Zeeke & the Brevard County Civilian Military Council, Cocoa Comfort Inn & Suites Resort; Nancy Brower, Community Associates Inc. Village Playhouse, Community Foundation for Brevard, Bank of the South; Tom Williamson, Courtyard by The major sponsors of the event were AT&T and Florida’s Space Coast Office of Tourism, Cocoa Beach Marriott; Dean Rosenquist, Craig Technologies; Lynda Florida Power & Light Co. The additional sponsors Regional Chamber of Commerce (1995 board chairman), Weatherman, Economic Development Commission of included Canaveral Port Authority, Clean Footprint, Craig and chairman of Junior Achievement of the Space Coast, Florida’s Space Coast; and Sheri Kocher, Florida Power & Technologies, Community Bank of the South, “Florida in 2011. He was also a founding member of the Brevard Light Co. Today,” Health First Inc., Intercoastal Insurance Inc., Library Foundation. The list continues: Keith Ried, K.E.R. Bookkeepers; Porter World Trade Inc., PNC Bank, The Cocoa Beach “His efforts truly have had a positive impact on our Diana Flett, Melbourne International Airport; Tiffany Area Hotel and Lodging Association, Waste Management economy, our businesses and our quality of life in Brevard Johnstonm, Progressive Document Destruction; David Inc. and Wuesthoff Health System Inc. County,” said Keith Houston, the event’s master of ceremonies and vice president of Crest Cleaners & Laundry. ABWA to meet Feb. 12 in Indian Harbour Beach Additional awards announced that evening were the The Express Chapter of American Business Women’s Association will meet at 11 a.m. on Feb. 12 at the Eau Gallie Ambassador of the Year, presented to Brenda VanAntwerp Yacht Club in Indian Harbour Beach. The guest speaker will be Merritt Island resident Anite Carbone, a financial and with Two Men & Truck, and the Council/Committee of the real–estate consultant currently licensed as a broker in Florida and California. She is a graduate of Florida Atlantic Year, presented to the Convention & Visitors Bureau. University with a bachelor’s degree in accounting. Carbone earned an MBA, with an accounting specialty, from Nova Capt. John Heatherington, commanding officer, Naval Southeastern University in Fort Lauderdale. To register for the meeting, call Nora Marek at 795–8761 or visit Ordnance Test Unit, U.S. Navy, administered the oath of ABWAscwen.com. Take a chance... 3 Fundraiser - car give away 3 Find out how you can help 3 2013 Hyundai Veloster 3 Contact us today Candlelighters3 Amazing cause 3pick To benefit up childrenBBN battling cancer 1/29/13 ProudProuudSpd SpSponsorsPageonsors — BreBrevardvard 16 BusBusinessinessNesNs NeNews;ws;; ImagImagesges 4 EveEverrPhr PhPhotographyotoggraphphp y ...and you may win a car. All proceeds benefit Brevard County children battling cancer. Our 2013 sleek black Hyundai Veloster has been donated compliments of Brevard County Hyundai Dealers. Our drawing will be held February 9, 2013* at our 11th Annual “Have-a-Heart” Valentine’s Extravaganza. For more information, please call “Because kids can’t 1875-A South Patrick Drive fight cancer alone.” 321-728-5600 or visit our web site at www.candlelightersofbrevard.org. Indian Harbour Beach, FL 32937 *Tickets for keys will be drawn by hand during the Valentine’s Extravaganza. Eau Gallie Yacht Club, 100 Datura Dr., Indian Harbour Beach, FL Candlelighters of Brevard is a 501(c)3 tax exempt, non-profit organization. All 32937. This ticket is for the car drawing only. Tickets to the Valentine’s Extravaganza are sold separately. You do not need to be present to win. donations are tax deductible as allowed by law. ID# 59-3068501 — A copy of the Must be 18 years of age or older with a valid Driver’s License. Winner is responsible for taxes, tag and license. No prize substitutions. No cash official registration and financial information may be obtained from the Division value. Odds of winning are determined by the number of tickets sold. No purchase or contribution is necessary. of Consumer Services by calling 800-435-7352 within the State. Registration does not imply endorsement, approval or recommendation by the State.

BREVARD BUSINESS NEWS / 12 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Three Diocese of Orlando educators receive top honors for excellence; MCC’s Ensell earns Teacher of Year A month after a Central Florida Catholic school department head at Melbourne Central Catholic, was over in mid–year three years ago. principal was named as one of the “Top 50 Innovators” in named “High School Teacher of the Year” within the “It was a mission she dove in head first and moved the the U.S., three more Catholic educators have earned Diocese of Orlando. “His role as campus minister has children forward, spiritually and academically,” the accolades as examples of 21st century teaching. changed the culture of Melbourne Central Catholic High nomination read. One administrator and two teachers, one representing School,” said MCC Principal Tom Armstrong. “As campus “Part of growing the whole child is encouraging them to high schools and another elementary, were honored by minister and religion department head, Daniel has be leaders,” Schirard said. “As a student council adviser, I Bishop John Noonan at an awards luncheon celebrating revitalized the Catholicity at our school.” work to model what a leader should be — prepared, the school system’s best educators. “How we educate our children is important when we organized and someone who brings ideas to the table. Most A veteran educator with more than 40 years experience approach what it means to be Catholic educators,” added importantly, I try to model leadership the way Christ led, was recognized as the top administrator. A teacher with 11 Ensell. “Students may only spend one hour in theology by listening and guiding with compassion and love.” years in the classroom, and a teacher who is relatively new courses, but the lessons they learn should be applied to all Henry Fortier, superintendent of schools and secretary to the job both took home “Teacher of the Year” honors. they do.” Ensell, who is receiving his master’s degree in of faith formation for the Diocese of Orlando, who oversees Bishop Noonan presented Annunciation Catholic religious studies from Fordham University, created a 37 schools educating more than 14,000 students, said the Academy’s founding principal, Dr. Margaret Curran, with “house system” at MCC. All students are randomly quality of the nominees were a testament to the Catholic “Administrator of the Year Award” for her “unequivocal assigned a “house” and they seek to earn points for their education system. “This ceremony not only highlights the commitment” to educating the whole child and for “house” with good grades, good behavior and participation. individual achievements of the awardees but also speaks establishing a curriculum that addresses “every intellec- The creative and competitive environment has further to the overall quality of a Catholic education,” he said. tual need of the children” that goes beyond the typical encouraged the sense of community in an already positive “The commitment of our educational professionals is elementary– and middle–school curriculum, according to environment, said Armstrong. something extraordinary. Our teachers and administrators her multiple nominations. Barbara Schirard, who teaches science at All Souls are teaching to a higher standard. They are teaching to the “I have been humbled by the opportunities the Lord has Catholic School in Sanford, was named “Elementary test of a Christian life — that mission is why we are so given me to learn many lessons,” said Dr. Curran, who is a School Teacher of the Year.” According to the nomination, successful in teaching the academic part. It’s why our member of the National Catholic Educational Association. Schirard was the “driving force” behind the “flourishing” students graduate from Catholic schools to perform at the “I hope I have been able to share them in some small way science program at All Souls when taking the program very highest levels wherever they find themselves.” with those He has entrusted to my care in Catholic education.” The nominations for both teachers of the year pointed Space Coast Community Law School to start Feb. 28 to major contributions to the success and continuation of The spring term of the Space Coast Community Law School will start on Feb. 28. The school will host free legal academic excellence at their schools as well. seminars for the public at the Moore Justice Center in Viera, from 6 to 8:00 p.m. in the Jury Assembly Room. For more Daniel Ensell, the campus minister and religion information about the program, visit www.SCCLS.com.

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FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 13 BBN BREVARD BUSINESS NEWS Health First kicks off Heart Month with lectures to raise awareness and better educate the public ROCKLEDGE — Heart disease is the leading cause of by Robert Kennedy, a board–certified interventional l Wednesday, Feb. 27 death in the U.S. But, simple changes to diet and exercise radiologist with Health First Medical Group. 11 a.m. to 12 p.m. — “The Basic Facts About Open and awareness are all it takes to drastically increase your l Wednesday, Feb. 20 Heart Surgery,” to be presented by Gregory Simmons, a chances of survival. 11 a.m. to 12 p.m. — “Using Nuclear Medicine to board–certified cardiothoracic surgeon with Health First Heart disease causes one in three deaths in America. Diagnose Heart and Other Disease,” to be presented by Medical Group. February is Heart Awareness Month, and Health First Ronald Levy, an independent board–certified nuclear 12 to 1 p.m. — “Aortic Valve Replacement,” to be is kicking off its month–long initiative to increase Brevard medicine physician. presented by Matthew Campbell, a board–certified County’s odds against heart disease. 12 p.m. to 1 p.m. — “STEMI System: The Chain of cardiothoracic surgeon with Health First Medical Group. Eight free–of–charge public lectures on critical, life– Survival at the Time of Heart Attack,” to be presented by For more information or to reserve a seat at one or all of saving topics will be presented on several dates, including Cesar Jara, a board–certified cardiologist with Health the lectures, contact Health First at 434–4335 or send an Feb. 6, 13, 20 and 27. First Medical Group. e–mail message to Community@Health–First.org. Health First Holmes Regional Medical Center in Melbourne also will be hosting a free blood–pressure screening on each lecture day from 10:30 to 11 a.m. Local experts to share landscaping tips at seminar; to feature Tom MacCubbin Here is the schedule of public health lectures: Have you ever wondered which plant would grow best in your yard or which plants require the least amount of water All lectures will be at Regional Medical Center, 1350 to grow? Local experts will provide a seminar to help you answer some of these and other landscaping questions. S. Hickory St., in Auditorium “A.” Parking will be available The “Florida–Friendly Landscaping Seminar” featuring lawn and garden expert Tom MacCubbin will take place from in Zone A. 8:30 a.m. to 2 p.m. on Saturday, Feb. 16, at the Holiday Inn Hotel and Conference Center in Viera. The address is 8298 l Wednesday, Feb. 6 N. Wickham Road. The event is hosted by the University of Florida’s IFAS Extension, Brevard County, the City of 11 a.m. to 12 p.m.– “Healthy Eating for a Healthy Melbourne, the City of Palm Bay, the Indian River Lagoon Program, and Keep Brevard Beautiful. Heart,” to be presented by registered dietitians Aimee You must register in advance at http://fflfebruaryseminar–eorg.eventbrite.com or contact the Brevard County Molineaux, Candice Eisenmann and Tristan Soyka. Extension Services at 633–1702. Here is the agenda for the seminar: 12 to 1 p.m. — “Healthy Cooking Demo.” To be pre- l 8:30 a.m. Check–in/display and exhibit viewing 9:15 a.m. Choose one of two concurrent sessions: — “Indian River sented by Executive Chef Mark Whitley. Samples will be Lagoon, Your Natural Treasure,” by Kathy Hill of the Indian River Lagoon Program and Holly Abeels of the UF IFAS offered to attendees. Extension; or “Trees, Flowers and Turf, Oh My!” by Sally Scalera of the UF IFAS Extension. l Wednesday, Feb. 13 l 10:30 a.m. Choose one of two concurrent sessions: — “Attracting Wildlife,” with Dr. Holly Ober, of UF’s Department 11 a.m. to 12 p.m. — “Life–Saving Medications After of Wildlife Ecology and Conservation,” or “Florida Natives,” by Sharon Dolan, owner of Maple Street Natives Inc. Heart Attack and Stroke — The Anti–Platelet Drugs,” to l 11:45 a.m. “Right Plant, Right Place,” by Tom MacCubbin, host of the “Better Lawns and Gardens” radio show. be presented by Health First pharmacist Stephen Gilbert. l 12:45 p.m. Closing remarks. 12 to 1 p.m. — “Deep Vein Thrombosis,” to be presented In addition to information sessions, exhibits and vendor displays will be available for viewing. *OEFQFOEFOU0CKFDUJWF5SVTUFE

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BREVARD BUSINESS NEWS / 14 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Parrish Medical Center to present ‘Healthy Heart Month’ free event set for Feb. 12 at Holiday Inn in Titusville TITUSVILLE — Parrish Medical Center will present l “Eat Right, Your Way, Every Day,” March 12, 10 to program, to be held the Holiday in Titusville, will be “Healthy Heart Month: Love Your Heart,” a free commu- 11:30 a.m.; PMC Conference Center. presented by Dr. Anthony Allotta, Dr. Patrick Sonser, nity event from 5 to 7:30 p.m. on Tuesday, Feb. 12, at the l “Breathe Easy at Home,” April 9, 10 to 11:30 a.m., Dr. Michael Magee, Dr. Jonathan Lubitz and Dr. Julie Holiday Inn Titusville–Kennedy Space Center. PMC Conference Center. Chevillet. It will include simple Zumba from a Parrish The address is 4715 Helen Hauser Blvd. (west of l “Your Hips Don’t Lie . . . The Importance of Move- Health & Fitness Center instructor. Interstate 95 behind Cracker Barrel). Complimentary ment and Dance for Healthy Bones,” May 14. This For more information, visit www.ParrishMed.com. refreshments will be served. The guest speakers for “Love Your Heart” will be Dr. Ravi Rao and Dr. Amanda Ryan. Applications for agricultural assistance are due March 15; Farm Bill is extended Dr. Rao is an interventional cardiologist with board GAINESVILLE — The 2008 Farm Bill was recently extended by Congress until September. certifications in cardiology and cardiovascular disease. This extension has allowed the USDA Natural Resources Conservation Service (NRCS) in Florida to add an additional Dr. Ryan is board certified in internal medicine. They will chance for producers to improve water and air quality, build healthier soil, improve forest lands, conserve energy, share information relevant to both men and women about enhance organic operations, and achieve other environmental benefits. “Adding an additional ranking date is going to what people can do to maintain a healthy heart as they give more producers time to submit their applications and help them get started with implementing the practices they age, and how to manage heart failure, a chronic condition. need to benefit the natural resources on their operations,” said NRCS acting state conservationist Roney Gutierrez. A variety of free health screenings will also be available Interested producers should visit their local NRCS service center now to receive more information on the: before the presentation. l Organic initiative, which helps producers install conservation practices on USDA certified organic operations or Register at HealthBridge.ParrishMed.com/rsvp. those working toward organic certification. “Healthy Heart Month: Love Your Heart” is part of the l Seasonal high–tunnel initiative, which helps producers install high tunnels designed to extend the growing season, PMC HealthBridge Education Series. HealthBridge events increase productivity, keep plants at a steady temperature and conserve water and energy. are held the second Tuesday of the month at no charge as a l On–farm energy initiative, which helps producers conserve energy on their operations. service to the community. l Longleaf pine initiative, which helps private landowners improve the sustainability and profitability of Longleaf The HealthBridge Education Series is designed to bring pine–forest ecosystems. They can then apply for conservation technical assistance and possible cost–share funding a variety of health information and education monthly to opportunities. Applications must be filed by March 15 to be eligible for this year’s funding. the community. Health screenings are offered at each Although applications are accepted on a continuous basis, the March 15 date has been set to make the fiscal year 2013 event. When they’ve completed all the screenings, partici- funding decisions for these special initiatives. Producers may continue to apply for all funded programs throughout the pants will be eligible to earn a one–month membership to year. Additional information on NRCS, conservation assistance and available programs can be found at Parrish Health & Fitness Center. Raffle prize drawings www.fl.nrcs.usda.gov. are also held. To find the nearest NRCS office, check your telephone directory under “U. S. Government, Department of Agriculture,” Future HealthBridge Education Series will include: or visit http://offices.sc.egov.usda.gov/locator/app.

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FEBRUARY 4, 2013 Visit BrevardBusinessNews.com forFL-SW120966 Advertising BBM Information - Better Banking Exp(2).indd 1BREVARD BUSINESS 12/7/12 NEWS 3:10 / PM 15 BBN BREVARD BUSINESS NEWS Surfside Players in Cocoa Beach to present new musical featuring songs of pop star Neil Sedaka Surfside Players will present the “super–fun” musical The program is presented by special arrangement with show in the season at www.SurfsidePlayers.com. comedy “Breaking Up is Hard to Do,” built around 18 hits Theatrical Rights Worldwide (www.theatricalrights.com). For more information about this and other events, visit by 1960s pop star Neil Sedaka. The Surfside box office phone number is 783–3127, with www.SurfsidePlayers.com or the Facebook group “Surfside The music includes “Where the Boys Are,” “Happy a live operator available from 2 to 4 p.m. on Tuesdays– Players.” Birthday Sweet Sixteen,” “Calendar Girl,” “Stupid Cupid,” Fridays. Submit an e–mail or postal address to and the chart–topping title song. The box office “will reply to all reservation requests [email protected] to receive updates on shows This show is appropriate for the whole family. saved to voicemail.” Plus, you may purchase tickets for any throughout the season. The storyline: Marge and her stage–struck best friend Lois arrive at Esther’s Paradise Resort in the Catskills in 1960, on a vacation that was intended to be Marge’s Rockledge hose service, supply business expands to Texas with franchise center honeymoon — until the groom left her at the altar. Businessman Jim Lager, the owner of Rockledge–based Pirtek USA, has expanded and opened his first franchise Lois attempts to console Marge by setting her up with center in Fort Worth, Texas. The mobile–based hose and fitting–replacement business specializes in minimizing equip- the resort’s handsome, self–obsessed singer Del ment downtime by “manufacturing” replacement hydraulic hose assemblies at customer job sites. Delmonaco. Gazing forlornly at Marge from the wings is Although all Pirtek franchises start out with three mobile service vans based at their Pirtek Hose Service and Supply geekish cabana boy and aspiring songwriter Gabe. Center location, Lager said he saw the potential and “quickly increased his mobile fleet” in Texas. He said business has Meanwhile, when he isn’t entertaining guests with Borscht been strong there. Belt shtick, house comic Harvey secretly carries a torch for In addition to Lager’s two locations, there is a third Pirtek Hose Service and Supply Center located just northeast of widowed resort owner Esther. Dallas, in Plano. This location has been owned and operated by Ed Loutherback since February 2010. Performances are scheduled Feb. 8–24, on Fridays and “It’s awesome to see customers become ‘addicted’ to our onsite service when they realize how much we minimize their Saturdays at 8 p.m. and Sundays at 2 p.m. Tickets are $20 equipment downtime and its associated costs,” said Lager. for adults, $18 for senior citizens and active military “We quickly size up needs, remove failed hose assemblies, manufacture replacement assemblies on location and personnel, and $15 for students. install them, making sure the equipment is back up and humming again before leaving the job site. Hydraulic hose is Opening–night tickets purchased by phone or in person everywhere, even underneath your barber’s chair!” are offered as “buy one, get one free.” Although Dallas is home to what he calls “a ton of hose shops,” Lager says that “most hose shops are not geared up for The show is directed by Nick Henn, with musical or are interested in mobile service, so they often refer their customers to Pirtek.” direction by Mario Davis and choreography by Danielle He said his company focuses on building “solid relationship with my customers and with my employees. My role is to Horak. The performers include Jeff Ferguson, David take excellent care of my customers and my employees, and my staff takes care of the rest.” Forman, Bill Fry, Rod Hagen, Ben Jackson, Melinda Lebo, Hose and fittings can also be purchased over–the–counter at Pirtek’s national network of service and supply centers, Amy Montecalvo, Mackenzie See, Pete Spoth, Felander which serve as home base to its 200–plus mobile fleet. There are more than 40 Pirtek Hose Service and Supply Centers Stevenson and Dorothy Wright. across the nation serving major metropolitan markets.

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FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 17 BBN BREVARD BUSINESS NEWS SBA launches an innovative online contracting system to make is easier for small firms to bid on federal pacts WASHINGTON — The U.S. Small Business Adminis- Florida District,” said District Director Francisco “Pancho” innovators in government to collaborate on solutions that tration, in conjunction with the White House’s Presiden- Marrero. aim to deliver significant results. RFP–EZ is the first of tial Innovation Fellows, has launched a pilot version of “Of the top 10 metropolitan areas in the state receiving five high–impact projects assigned to the fellows aimed at RFP–EZ, a new online marketplace that streamlines the federal prime contracts, four are in the SBA South Florida supporting entrepreneurs, small businesses and the government–contracting process, making it simpler for District. In fiscal year 2010, more than $38 million in economy, while significantly improving how the federal small businesses to find and bid on low–dollar contracts contracts were awarded to these areas. This pilot program government serves the American people. from federal agencies. will help small business grow through government The fellows who were picked to work with SBA and The new program allows the government to source contracting by making it easier to bid.” BusinessUSA to develop RFP–EZ were Clay Johnson, low–cost, high–impact solutions from innovative tech The streamlined process helps save significant best–selling author, open government technologist and companies. A limited number of low–dollar contracts amounts of time for all types of business, especially high– entrepreneur from Washington, D.C.; Jed Wood, interac- through RFP–EZ are now available at http://rfpez.sba.gov. growth startups, he said. tion designer, web developer and entrepreneur from If successful, the pilot will be expanded to include more By simply creating a company profile on the beta site, Chicago; and Adam Becker, web developer and co– contracts for a more diverse group of innovative startups. each small business can search and bid for contracts founder of civic–engagement startup GovHub from “The federal government gets access to the most relevant to its skill set. A small business can easily search Oakland, Calif. innovative startups, helping us lower costs and get more for an opportunity, see a statement of work, and bid all The other Presidential Innovation Fellow projects are bang for the dollars we spend,” said Sean Greene, SBA’s within the RFP–EZ web interface. MyGov, Open Data Initiatives, Blue Button for America associate administrator for investment and innovation. The Presidential Innovation Fellows program and The 20% Initiative. “The small businesses get access to the largest customer launched in August 2012 and pairs top innovators from Visit www.WhiteHouse.gov/InnovationFellows or in the world. It’s a win–win.” the private sector, nonprofits and academia with top Business.USA.gov to learn more about the projects. The government procurement process can be “compli- cated and intimidating.” RFP–EZ represents a unique opportunity for innovative startups to easily access the Space Coast Quilt Show set for BCC in Titusville federal government marketplace and, in turn, help fuel Space Coast Quilters will host its Quilt Show Feb. 15–16 at the Brevard Community College Gymnasium in job growth throughout the country. RFP–EZ also will Titusville. The guest speakers will be Margie Engel, who will make a presentation at 1:30 p.m. on Friday, and Juanita enable the federal government to secure better and less– Yeager, who will address show attendees at 1:30 p.m. on Saturday. There will be a display of 200 quilts, wall hangings, expensive products and services, saving taxpayer dollars wearable art, purses, and other items. This year will spotlight the “Color Your World” boutique featuring handmade and improving the results delivered. merchandise to buy for yourself or gifts for others. New this year is a consignment shop, where you can purchase quilts “In addition to providing capital and counseling to and other quilted articles made by the members. The show’s raffle quilt is handmade by Karen Lee of Port St. John. start and develop a small business, opening the doors to Quilts will be judged or entered for display. Show admission is $7. For more information, contact Ann Giles, show government contracting is a key mission of the SBA South chairwoman, at 268–1969 or send an e–mail message to [email protected].

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BREVARD BUSINESS NEWS / 18 Call Adrienne Roth at 321-951-7777 for Advertising Information FEBRUARY 4, 2013 BBN BREVARD BUSINESS NEWS Space Coast Credit Union Continued from page 1 in 2012 as a result of our competitive rates, as well as our tions, which means they do not have to pay taxes on their “Space Coast Credit Union provides great value expansion to five commercial–lending specialists,” said income. through lower fees on business–checking accounts,” said Vostrejs, who grew up in Volusia County and is a business “As an institution, it allows us to give back to the Vostrejs. and finance graduate of the University of South Florida. members by offering lower interest rates on their loans, “We offer four different types of checking accounts for Credit unions continue to see a surge in refinancing as and higher rates on their depository relationships that are businesses — two are interest–bearing and two are not. their business customers take advantage of the attractive interest–bearing,” said Vostrejs, whose cooperative has We restructured those accounts to better fit the needs of interest–rate environment that has held steady for years, more than $3 billion in assets, making it one of the largest businesses in the region.” thanks to the Federal Reserve’s love–and–hate strategy to credit unions in Florida. For example, “many small businesses today still write a stimulate the economy and spending by keeping long–term “Another advantage in lending as it pertains to a real– lot of checks. They may not have full online mobile– borrowing costs in check. estate secured collateral loan, whether it’s a commercial or imaging and online–banking capability through an ACH The first wave of mortgage refinancing around the residential loan, is that we do not have to charge the (automated clearing house). So we cater our four types of nation began in the first half of 2009, and has driven member intangible tax in the state of Florida (if the credit accounts, one of which is free of charge, to businesses of lending volume for many financial institutions since. union does the loan in its own name). It saves the cus- various sizes.” “Right now, what we’re seeing is a lot of refinancing as tomer on closing costs (generally $200 on a $100,000 loan). In addition to enhancing its business–depository businesses take advantage of the lower rates available,” That’s tied to real estate only.” accounts and business–payroll services, Space Coast said Vostrejs. The December survey by the National Association of Credit Union is rolling out a service called remote–deposit “The WSJ prime rate, as an index, has maintained a Federal Credit Unions finds mixed expectations in 2013 for capture for existing and new business members, offering 3.25 percentage for several years now. It has been un- its industry. The NAFCU’s “Economic & CU Monitor” greater convenience, said Vostrejs. changed based on the federal government’s monetary survey findings show that 27.5 percent of respondents “Business members who do not have a branch location polices that are in place.” expect to see improvement in their net income this year, close to them, or simply wish to save time and effort, will The most common reference for the nation’s prime rate while 17.6 percent see it being reduced. be able to make deposits from their place of business.” is published daily in “The Wall Street Journal.” But in a related finding, nearly one in four respondents To remain competitive, financial institutions continu- At the recent Federal Open Market Committee expect loan growth to improve in 2013. The demand, it ally look for ways to cut costs, attract new customers and meeting, the members decided to keep the target range for says, will be highest for new and used vehicles, credit boost revenues. the federal funds rate at 0 to ¼ percent and currently cards, and member business loans. “Remote–deposit capture” technology helps to stream- anticipate that this exceptionally low range for the federal Vostrejs said Space Coast Credit Union has “long been line and improve the efficiency of one area of credit–union funds rate (the rate banks charge each other for overnight known for automotive lending. We see that demand operations: processing check deposits. loans) “will be appropriate at least as long as the unem- continuing in 2013.” “It makes it very effective, especially for small busi- ployment rate remains above 6.5 percent.” An increase in new– and used–vehicle sales nationally nesses and their staff,” he said. “We see RDC as a product In general, the Federal Reserve uses the federal funds coupled with members’ choice to finance with their credit that is necessary to serve existing customers and attract rate to control how much banks lend. unions helped sustain auto–lending momentum across the new ones.” Vostrejs says a lot of businesses have “higher rates on country in the second half of 2012. RDC allows Space Coast Credit Union business loans than what the market is bearing today, so they are Auto lending is a key loan product for many credit customers to “deposit” checks electronically at remote looking to refinance and secure a lower rate in order to unions, particularly the small institutions that rely on locations, typically in their offices. The paper checks are decrease their debt burden or their outflow from a cash– consumer loans. New auto loans at credit unions increased digitally scanned, and the image of the check is electroni- flow perspective.” 5.8 percent annually as of the end of the third quarter, cally transmitted to the credit union. On an upbeat note, the Associated Builders and reports Callahan & Associates. Auto loans for the pre– Most RDC customers are merchants who want to Contractors’ “Construction Backlog Indicator”– a forward– owned market also were strong at credit unions. reduce the costs of transporting paper checks to their credit looking national economic indicator that reflects the TransUnion forecasts that auto–debt per borrower will union and gain faster access to their funds. amount of work that will be performed by commercial and continue its uptrend in 2103, jumping from an expected “If you look at our footprint in multiple counties industrial contractors in the months ahead — has been $13,689 in the fourth quarter of last year to $14,133 at the throughout Florida, and I view us as a community rising month after month. end of 2013, a sign that auto financing will continue to organization, we have a lot of members who live outside The CBI is signaling that commercial construction grow as new and used–car sales increase. the realm of five to 10 miles of a local branch,” said spending will likely accelerate this year. Though the national auto–loan delinquency rate is Vostrejs, whose credit union has a network of branches “We have just completed two commercial construction expected to rise slightly from 0.36 percent at the end of from Daytona Beach to Miami. loans,” said Vostrejs. 2012 to 0.37 percent in the fourth quarter of this year, the “This is one mechanism of trying to make it more “I think as we move into 2013, we are going to continue level has dropped more than 50 percent since reaching its advantageous to expand that business relationship. The to see lending growth. From a credit–union perspective, we peak in the fourth quarter of 2008 at 0.86 percent, RDC service became effective Jan. 2 for Space Coast Credit have availability on commercial real–estate loans, whether according to TransUnion, a consumer credit–rating agency. Union business members. We set up the software and it’s for owner–occupied real estate or investment real What this means is that more consumers nationwide computer for them and provide RDC training.” estate.” are embracing credit unions. Membership growth in 2012 Funds from a paper check are typically available within Over the past four years, construction lending for increased four times that of the previous year’s rate, with five business days. However, with RDC, funds from checks commercial projects has been almost nonexistent in the 2.6 million new members over the past 12 months, remotely deposited on Monday often are available on region. “But I think things will pick up as the economy according to Callahan & Associates. Tuesday — a significant financial advantage to all improves.” Membership in Space Coast Credit Union is open to businesses, particularly small firms. Based on the growth of the industry late last year, anyone who works or lives in the markets its serves. “You “With RDC,” said Vostrejs, “our customers have full Callahan & Associates is forecasting a record year in do not have to be a current member to become a business availability of their funds within 24 hours. It’s a nice general for credit–union lending activity in 2013. It says member of the credit union,” he said. benefit back to the business depositor. We’re all about the cooperative model is filling a void in the marketplace In addition, credit–union members have opened over 3 service and understanding the needs of businessowners. serving businesses. million new checking accounts in the same period, more The more a business relationship grows with us, the Credit unions are structured as not–for–profit organiza- than double the rate posted the previous year. greater the value to the business member.” FEBRUARY 4, 2013 Visit BrevardBusinessNews.com for Advertising Information BREVARD BUSINESS NEWS / 19