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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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17