PLYMOUTH, Mich. - (11/24/04) -- A lucky member of Isabella CommunityCU opted for the $20,000 cash prize, instead of a new PT Cruiser,after drawing the winning ticket in the Michigan CU League's annualpolitical fundraising raffle last week. This year's raffle raised anew high of $100,225 for the league's political action committee,which provides funds for campaign contributions to congressionalcandidates. The league sold 20,045 raffle tickets through 123credit unions. The previous high generated from the raffle was$90,550 raised in 2002.
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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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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.
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