SAN ANTONIO, Texas - (12/23/05) Three heavily armed assailantswere captured during a blazing gun battle on Highway 35 Thursdaymorning after the three robbed San Antonio FCU. The three suspectsexchanged shots with pursuing officers during a high-speed chaseoutside the city, which ended with the capture of the three gunmenafter their getaway car rolled over the highway median. TrooperGeorge Correra, Jr., 34, was apparently shot by the suspects whenhe and other officers surrounded the getaway vehicle as the robberstried to flee. One suspect, Michael Hurtado, 23, was shot in theeye by a San Antonio police officer after the chase ended. As manyas 20 vehicles, including 16 police cars, were hit by gunfireduring the high-speed shoot-out, with the windshield blown out ofat least one police cruiser. The three suspects, dressed inmilitary fatigues, brandishing semi-automatic weapons and wearingbullet-proof vests, burst into the credit union's North Side branchearlier Thursday morning and made off with an undisclosed amount ofcash. They initially fled in a white Lincoln Towncar, which wasfound burning nearby. The vehicle they were in during the highwaychase as a pickup truck.
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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.
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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.
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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.
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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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