WASHINGTON - (09/30/05) -- President Bush signaled NCUAChairman JoAnn Johnson, the only member of the three-person NCUABoard, that help is on its way and said Thursday he plans tonominate Gigi Hyland, general counsel for Empire Corporate FCU tothe panel. Capitol Hill sources say they expect Hyland's nominationto be heard the same time as Rodney Hood, nominated for the Board'sother vacancy, potentially filling the panel to full strength intime for its regularly scheduled monthly meeting in a few weeks.Hyland has long experience with credit unions, having served as avice president for CUNA, as executive director of the Associationof Corporate CUs, and worked with her mother's and father's creditunion law practice, Hyland & Hyland, in Alexandria, Va. Hyland,a Democrat, would ostensibly fill the seat of Deborah Matz, also aDemocrat, who is leaving the NCUA Board Friday. The third seat onthe panel has been vacant for more than a year.
-
The top five banks and thrifts have combined total assets of nearly $13 trillion.
Just now -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22 -
The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.
April 22 -
The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.
April 22 -
Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.
April 22 -
The Federal Deposit Insurance Corp. says it's ready to wind down the global systemically important banks. But until that happens, many in the banking industry are skeptical that regulators have actually developed a workable strategy to end "too big to fail."
April 22