WASHINGTON - (10/20/04) -- CUNA focused much of its campaignresources on helping newcomers' efforts to get to Congress. Elevenneophyte congressmen-to-be received support from CUNA's politicalaction campaign last month, as the race for Congress wound down toelection day. They included former professional basketball scoutJon Jennings who is running against five-term incumbent JohnHostettler, R-Ind., one of only eight House members to vote againstHR 1151, the CU Membership Access Act, at least the second timecredit unions have tried to unseat Hostettler. The $1,000contribution to Jennings was one of several made last month tonewcomers. Others went to Russ Carnahan, D-Mo., son of former Sen.Jean Carnahan ($5,000); Patrick McHenry, R-N.C., who defeatedcredit union-backed candidate David Huffman in the primary($10,000); Joe Schwarz, R-Mich., who defeated a credit union-backedcandidate in the primary ($5,000); Thomas Price, R-Ga. ($5,000);Virginia Foxx, R-N.C. ($5,000); Michael Fitzpatrick, R-Pa.($5,000); Charles Dent, R-Pa. ($5,000); Allyson Schwartz, D-Pa.($5,000); Gwendolynne Moore, D-Wis. ($3,000); Jim Costa, D-Calif.($1,500); and Willie Mount, D-La., ($1,000).
-
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.
October 31 -
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.
October 31 -
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.
October 31





