WASHINGTON - (11/02/04) -- Credit union executives heeded thecall to get more involved in the political process these elections,with top managers dipping into their personal funds as never beforeto make campaign contributions. Perennial leaders, Rudy Hanley,president of Orange County FCU, and Dave Chatfield, president ofthe California CU League, continued to lead the way, making a totalof $13,450 and $11,374 in contributions, according to reports filedwith the Federal Elections Commission reviewed by The Credit UnionJournal. But other executive answered the call, too, including:Mark Holbrook, Evangelical Christian CU, 10 contributions for$9,500 to Republicans; Jean Goodman, Toyota FCU, who made 15contributions for $8,950 to Democratic candidates and committees;John Bommarito, Western FCU, 10 contributions for $8,750, toRepublicans and non-partisan groups; Bill Cheney, Xerox FCU, 10contributions for $7,725, to Republicans and non-partisancommittees; Larry Sharpe, Arrowhead CU, 10 contributions for $7,100to Republicans; and Gary Base, 12 contributions for $6,000, mostlyto Republicans.
-
A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
1h ago -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
4h ago -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
4h ago -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
4h ago -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
5h ago -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
6h ago





