WASHINGTON - (11/04/05) -- The Senate Baking Committee votedThursday to endorse the nominations of Rodney Hood and Gigi Hylandto the NCUA Board and to send the nominations on for a vote by thefull Senate. Sources told The Credit Union Journal the full Senatecould vote on the two non-controversial nominations as early asnext week, in time to fill out the three-member NCUA Board by itsnext meeting later this month. Hood is a top executive with theU.S. Department of Agriculture. Hyland is a long-time credit unionhand, having worked as a credit union attorney in her home town ofAlexandria, Va., a few blocks from NCUA, a CUNA executive, and mostrecently, as general counsel for Empire Corporate FCU, in Albany,N.Y.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3