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.
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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.
October 31 -
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.
October 31 -
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





