MIAMI - (11/04/05) -- Dade County FCU announced Thursdayit has launched a Hurricane Wilma relief loan program, which isopen to all residents and business owners in Miami-Dade County,subject to credit union membership. Under the program, individualswho were affected by Hurricane Wilma may receive unsecured loansfor up to $5,000 at rates as low as 5.9% annual percentage ratethrough November 30, 2005. The loans are meant for suchhurricane-related necessities as insurance deductibles, home andauto repairs or other unforeseen needs that arise as a result ofthe storm.
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A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
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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.
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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.
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