WASHINGTON - (07/21/05) -- John Roberts, the appeals courtjudge nominated Wednesday to the Supreme Court by President Bushwill forever hold a place in credit union history as one of thechief defenders of NCUA's multiple groups policy before the SupremeCourt in the landmark AT&T Family FCU case. Roberts, then anattorney for Washington-based Hogan & Hartson, argued thecredit union case on behalf of CUNA and NAFCU who were defendingNCUA's policy. Roberts, who had clerked for then associate JusticeWilliam Rehnquist and had argued numerous cases before the HighCourt, was hired for his knowledge of the different justices,according to Eric Richard, general counsel for CUNA, who emphasizedthat Roberts argued the credit union case as if he were a long-timeadvocate. "He was a real pro," Richard told The Credit UnionJournal. NCUA General Counsel Robert Fenner said Roberts arguedalong side of then Advocate General Seth Waxman, who made the maincredit union argument on behalf of the U.S. Justice Department. "Hewas a very impressive guy; a brilliant lawyer, and a very decentman," said Fenner.
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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.
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.
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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.
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.
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