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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Megan Ryan joins American Banker from the Chicago Fed, bringing insights on the payments industry exclusively for subscribers.
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The Saginaw, Michigan-based credit union brought its credit card program back in-house to capture more member spending and gain added control over customer relationships. Previously, its credit card program was managed by a third-party vendor.
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The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
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A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state's long-standing Banking Development District program.
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A threat that was probabilistic is now official. An Iranian military spokesperson warned of a "painful response" against U.S.-linked banks.
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The Senate passed a bipartisan housing bill in an 89 to 10 vote, but how quickly and easily the bill can pass the House remains unclear.
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