MIAMI - (12/29/05) When the game between the Penn StateNittany Lions and the Florida State Seminoles at the Orange Bowlhere concludes, at least one league president will be eating alittle better. Jim MacCormick, CEO of the Pennsylvania CUAssociation, and Guy Hood, CEO of the Florida league, have made awager on the game--should the Nittany Lions win, PCUA will enjoy100 pounds of Florida oranges, compliments of FCUL. If the victorsare the Seminoles, then the FLorida league will enjoy 100 pounds ofHersheys chocolate.
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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.
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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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