- ALEXANDRIA, Va.(09/17/01) - NCUA Board member Yolanda Wheat has moved toKansas City with her family, where she continues to conduct agencybusiness via telephone and e-mail, sources at the agency told TheCredit Union Journal. "I haven't seen her since the July Boardmeeting," said one high-ranking NCUA official who works with Wheaton a regular basis. Wheat's six-year term on the NCUA Board expiredlast month but Wheat continues to serve as a holdover until asuccessor is confirmed to her seat on the three-person panel. Aspokesperson in Wheat's office said Wheat continues to maintain aresidence near NCUA, as well as in Kansas City. Wheat could not bereached for comment. But sources told The Credit Union Journal thatWheat and her husband, former U.S. Rep. Alan Wheat, D-Mo., havemoved back to Kansas City, where they have enrolled their childrenin school. Wheat participated in last week's NCUA Board meetingfrom Kansas City by telephone.
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Scattered Spider, a cybercrime gang whose targets include banks, has seen five of its members arrested for SIM-swapping and phishing schemes that stole millions.
August 22 -
The Consumer Financial Protection Bureau has fined Synapse $1 for its role in a $60 million to $90 million shortfall in fintech users' accounts.
August 22 -
A federal appeals court granted the government's request to pause a ruling that briefly restored Democratic National Credit Union Administration board members Todd Harper and Tanya Otsuka, leaving the regulator with a single board member pending appeal.
August 22 -
Erik Porter will succeed Lisa Oliver as president and CEO of the Cooperative Bank of Cape Cod; Gary Hall and Sobani Warner are named co-presidents of Siebert Williams Shank; Faiz Ahmad and Mike Joo will lead Bank of America's global investment banking unit; and more in this week's banking news roundup.
August 22 -
Bank of Glen Burnie, which is seeking to recover from a stretch when its assets declined, hopes that its deal for a residential lender can help boost loan production.
August 22 -
Small practices are still mired in paper. Fiserv has joined banks such as JPMorganChase and Citizens in applying new third party transaction technology to the tricky sector.
August 22