The Michigan CU League said its CUcorp Images & Ink CU has teamed up with PowerNet Global Communications to offer discounted Internet services through Michigan and Ohio credit unions. The program will offer high-speed Internet service, which will include unlimited access, pop-up blocker, up to five e-mail addresses and 24-hour technical support, for $11.95 a month. The program will offer incentives to participating credit unions, including a $100 gift card to popular retailers for every 25 member activations. CUCorp is providing all marketing materials for free.
- ab regulation lead
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.
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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.
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