FRESNO, Calif. - (06/07/06) An Oklahoma parolee who robbedThe Golden One CU Friday afternoon was killed Saturday morning by aCalifornia Highway Patrol officer who had stopped him for speedingin the San Bernardino County desert, the CHP confirmed Tuesday.Douglas Len Murrin, 48, of Oklahoma City, was pulled over by a CHPofficer at 7:35 am Saturday then pulled a gun and yelled something.When he did not comply with the officers demand to drop hisweapon, the officer shot Murrin and knocked him to the ground. WhenMurrin continued to reach for his gun, the officer fired again andkilled him, a CHPs spokesman said. When the incidentoccurred we had no information that he was wanted, SteveKohler, the spokesman told The Credit Union Journal. Murrin was onparole from the California Department of Corrections after servingtwo years in prison for corporal injury to a spouse, and was livingin Oklahoma by agreement of the parole divisions in both states. Healso served more than 10 years in California prisons on differentrobbery convictions. Murrin was identified as the man who enteredThe Golden One CUs Clovis branch at 4:45 pm Friday anddemanded a teller turn over all of her $100 bills. No gun was seenand the robber escaped with an undetermined amount ofcash.
-
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
3h ago -
Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
3h ago -
St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
4h ago -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
4h ago -
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
5h ago -
The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
5h ago