Community Investors Bancorp Inc (CIBN) 13.8000 $CIBN EIM

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Community Investors Bancorp Inc (CIBN) 13.8000 $CIBN

EIM Continues to Save Millions While Reducing Carbon Emissions
Marketwired - Thu Jul 28, 1:16PM CDT
Total Benefits Produced by the Western Real-Time Market Now Tops $88 Million

California ISO Extends Statewide Flex Alert Through Thursday
Marketwire Canada - Wed Jul 27, 5:45PM CDT
FOLSOM, CA--(Marketwired - July 27, 2016) - Due to continued high temperatures in the state, the California Independent System Operator (ISO) is extending its Flex Alert through tomorrow evening. The Flex Alert is a call for voluntary electric conservation from consumers during peak usage times from 2 p.m. to 9 p.m.

The Energy Providers of Southern California Launch Partnership; Announce "Conserve Energy SoCal" Initiative
BusinessWire - Thu Jun 16, 11:00AM CDT
With hotter temperatures quickly approaching, the Energy Providers of Southern California - a joint coalition of Southern California natural gas and electric utilities, in partnership with the California Public Utilities Commission, California Independent System Operator, and local city governments - today announced Conserve Energy SoCal, an initiative to bring Southern California residents together to conserve energy, save money and reduce the risk of natural gas and electricity shortages this year.

California ISO Partners With Dispersive Technologies To Bring SDN To SCADA Networks
PR Newswire - Fri May 06, 11:24AM CDT
Dispersive Technologies, Inc. (www.dispersivetechnologies.com) and the California Independent System Operator Corporation (www.caiso.com) today announced the introduction of Dispersive(TM) Virtualized Networks (Dispersive(TM) VNs) as an alternative for securing telemetry throughout the ISO's service area.

Western EIM Benefits Increase With NV Energy Participation
Marketwired - Mon May 02, 2:22PM CDT
California Independent System Operator (ISO) reported today that cost benefits of the western Energy Imbalance Market (EIM) were $18.9 million during the first three months of 2016, for a total benefits of $64.6 million since its launch in 2014.

Stromsoe Insurance Agency Has Been Recognized as the National Agency of the Month by Rough Notes Magazine
PRWeb - Sat Apr 30, 7:33PM CDT
California Independent Insurance Agency Stromsoe Insurance has been recognized as the national agency of the month by Rough Notes, the oldest insurance industry magazine for independent insurance agents in America.

Energy Agencies Release Draft Action Plan to Preserve Energy Reliability in Greater Los Angeles This Summer in Wake of Aliso Canyon Leak
Marketwired - Tue Apr 05, 2:43PM CDT
State and local energy agencies released today a plan to help preserve reliability of electrical service this summer in the greater Los Angeles area following the major natural gas leak at the Aliso Canyon underground natural gas storage facility. Currently, Aliso Canyon is prohibited from injecting and storing more gas until a comprehensive safety review is completed and the facility's wells are deemed safe or removed from service.

Western Energy Imbalance Market Q4 Benefits Surpass 12m
Marketwired - Mon Feb 01, 3:58PM CST
California Independent System Operator (ISO) reports increased benefits realized in the 2015 fourth quarter from the western Energy Imbalance Market (EIM). Total benefits were $12.29 million, which increases the total benefit since the November 2014 EIM launch to $45.7 million. These benefits accrue to all EIM participants and their customers, which now include NV Energy and PacifiCorp, as well as the ISO. The totals are in line with initial projections and, as expected, increased participation benefits all EIM participants.

Community Investors Bancorp reports 2nd half 2015 net income
M2 - Mon Jan 25, 6:15AM CST
Community Investors Bancorp, Inc. (OTC-PINK: CIBN), parent company of First Federal Community Bank of Bucyrus, has reported net earnings available to common shareholders of USD563,000, or USD0.71 per common share for the six months ended December 31, 2015, representing an increase of USD216,000, (62.2 percent), compared to the net earnings of USD347,000, or USD0.44 per common share reported for the six months ended December 31, 2014, the company said. The increase in 2015 earnings reflects an increase in net interest income of USD135,000 (5.5 percent) and an increase in other income of USD146,000 (18.8 percent). It also reflects a decrease in general, administrative and other expenses of USD29,000 (1.2 percent), and provision for losses on loans of USD8,000 (3.0 percent). The increase in net interest income reflects the almost 5 percent growth in the company's loan portfolio coupled with continuing low deposit and FHLB advance rates. Community Investors Bancorp has reported total assets at December 31, 2015, of USD140.5 million (increase of USD3.5 million or 2.5 percent from June 30, 2015) including gross loans of USD106.7 million (increase of USD2.2 million or 2.1 percent from June 30, 2015). Investments increased by USD1.3 million (9.6 percent), while the allowance for loan loss increased by USD130,000 (9.5 percent) since June 30, 2015.

eMotorWerks Awarded Contracts in California ISO's Demand Response Auction Mechanism
PR Newswire - Mon Jan 11, 2:10PM CST
eMotorWerks, the leading provider of intelligent and connected smart-grid charging solutions for electric vehicles (EV) and demand-side distributed energy resources (DER), today announced that all three California investor owned utilities awarded demand response (DR) contracts to eMotorWerks for participation in the California Independent System Operator (CAISO) Demand Response Auction Mechanism (DRAM). The DRAM operates in the CAISO day-ahead market, and eMotorWerks will provide precise EV charging load curtailment from its expanding JuiceNet(TM) network of EV charging stations to the wholesale market.

Portland General Electric Formalizes Agreement to Join EIM
Marketwired - Mon Nov 23, 1:02PM CST
Portland General Electric Company (PGE) and the California Independent System Operator (ISO) announced today they have filed an implementation agreement with the Federal Energy Regulatory Commission, paving the way for the Portland, Ore.-based utility to participate in the western Energy Imbalance Market (EIM) starting in October 2017.
POR: 43.67 (-0.02)

Community Investors Bancorp, Inc. Reports Net Earnings For The Three Months Ended September 30, 2015
PR Newswire - Mon Nov 16, 8:53AM CST
Community Investors Bancorp, Inc. (Pink Sheets: CIBN), parent company of First Federal Community Bank of Bucyrus, reported net earnings of $288,000, or $.36 per basic share, for the quarter ended September 30, 2015, representing an increase of $61,000, (26.9%), compared to the net earnings of $227,000, or $.29 per basic share, reported for the quarter ended September 30, 2014. The increase in 2015 earnings reflects an increase in net interest income of $64,000 (5.2%) and an increase in other income of $30,000 (6.8%). General, administrative and other expense increased $6,000 (.1%) while provision for loan loss decreased by $2,000 (1.4%). The increase in net interest income reflects the growth in our loan portfolio, some improvement in nonaccruals as well as continuing low deposit and borrowing rates. General, administrative and other expenses reflect the costs of regulatory compliance, loan administration expenses and normal overhead as we continue to expand our loan production offices. The provision for loan losses reflects continuing cleanup of troubled credits as well as positioning the Bank for eventual changes in our model for calculation of allowance for doubtful accounts. Classified assets increased during the quarter due mainly to a downgrade on a large credit. That credit continues to perform. In addition, there has been an increase in loans 90 days past due. Where possible, working with our distressed loan customers who make good faith efforts at repayment, we have had success in avoiding foreclosures. We also continue to aggressively write down our past due loans to recognize the losses as soon as they are reasonably estimable. Other income increases resulted from our gains on sales of mortgages into the secondary market. We continue to expand our network of mortgage professionals to build on our success in that key business segment.

Western Energy Imbalance Market Q3 benefits total $12m
BusinessWire - Tue Oct 27, 3:07PM CDT
California Independent System Operator (ISO) reports gross benefits realized in the 2015 third quarter from the western Energy Imbalance Market totaled $12 million, bring the total benefits since the markets launch in November 2014 to $33.41 million.

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