ALEXANDRIA, Va. - (11/21/05) -- Christiane 'Gigi' Hyland was swornin to the NCUA Board Friday, bringing the panel to its fullcompliment of three members for the first time in ayear-and-a-half. Hyland, a long-time credit union hand, was swornin by her father, Gerald Hyland, a member of the local FairfaxCounty Board of Supervisors and well known among area credit unionsas head of his own credit union lawfirm. Gigi Hyland, who servedmost recently as general counsel for Empire Corporate FCU andbefore that as vice president for CUNA, joins NCUA Chairman JoAnnJohnson and Rodney Hood, who was sworn in earlier last week, on theNCUA Board. As a result, the NCUA Board will have a full complimentat its monthly meeting Nov. 29 for the first time since the April2004 departure of then-Chairman Dennis Dollar.
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Part of the growing "phishing-as-a-service" economy, the Spiderman kit offers novice hackers sophisticated tools to target customers of major EU institutions.
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Banks may need to offer people over the age of 65 more than just digital experiences, according to an executive at J.D. Power, which surveyed more than 11,000 retail banking customers.
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In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.
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Rohit Chopra is named senior advisor to the Democratic Attorneys General Association's working group on consumer protection and affordability; Flagstar Bank adds additional wealth-planning capabilities to its private banking division; Chime promotes three members of its executive leadership team; and more in this week's banking news roundup.
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The Office of the Comptroller of the Currency Friday approved national trust charter applications for five crypto firms, affirming the administration's push to allow crypto companies the ability to take deposits.
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Kansas City Federal Reserve President Jeffrey Schmid and Chicago Fed President Austan Goolsbee said in statements Friday that their dissents from this week's interest rate decision were spurred by inflation concerns and a lack of sufficient economic data.
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