WASHINGTON - (06/20/06) CUNA reported Monday itspolitical action committee raised $182,000 last month anddistributed $115,000, leaving it with $582,000 as the two-yearcongressional election cycle enters its fourth quarter. Among thecontributions last month was $5,000 going to Independent VermontRep. Bernard Sanders, making the maximum $10,000 contributed to theSenate campaign of the only avowed Socialist in Congress. CUNA alsocontributed $5,000 to the campaign of Democratic State Sen. PeterWelch to fill Sanders place in Vermonts only Houseseat. CUNA also contributed $5,000 to another potentialcongressional newcomer, Republican State Sen. Jim Jordan, who isrunning for the states fourth district House seat. Otherlarge contributions last month went to: Reps. John Dingell, D-Mich.($5,000); Carolyn Kilpatrick, D-Mich. ($5,000); Vern Ehlers,R-Mich. ($5,000); Vic Snyder, D-Ark. ($5,000); Jerry Weller, R-Ill.($5,000) and Sen. Daniel Akaka, D-Hawaii ($4,500).
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
October 31 -
A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
October 31 -
The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
October 31 -
New York State's former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank's DWS Group is opening an office in Abu Dhabi; and more in this week's banking news roundup.
October 31 -
Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
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