TULLAHOMA, Tenn. - (01/28/05) -- AEDC FCU said it is offering aspecial low rate on a home equity loan to encourage members toconsolidate their debts. The Easy Equity loan will allow members toconsolidate their high-rate credit card debt and personal loansinto a fixed-rate home equity loan at just 4.49% for 36 months,with no closing costs. Members may borrow up to 100% of theirhome's appraised value, minus what they owe on the mortgage up to$50,000. Members can extend the term of the loan if they needflexibility.
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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





