BEL ALTON, Md. - (09/13/04) -- One of two suspects in an August 21hold-up at Cedar Point FCU was arrested last week after heallegedly tried to buy a used car with $12,000 in cash stolenduring the heist. Cornelius Chase, 43, released from prison inFebruary, is believed to be one of two men who approached threecredit union employees opening the credit union for the day,ordered them inside at gunpoint, then forced them to open the safe.The two men made off with $150,000. After arresting Chase, policefound $48,000 in cash in the suspect's hotel room that they believewas stolen from the credit union. Police also learned Chase boughtanother car and paid for it with more than $8,000 incash.
-
The Toronto-based bank named Rahul Nalgirkar as incoming finance chief. Nalgirkar, who joined BMO in 2022 from Fifth Third, will succeed the retiring Tayfun Tuzun, who came to BMO in 2020 after working at Fifth Third.
3m ago -
Alan Childs pleaded guilty to using straw borrowers and falsified loan records to help a timber businessman secure millions in fraudulent loans.
12m ago -
Former employees at First Horizon Bank and M&T Bank committed crimes by misappropriating customer data and stealing money from a customer's bank account.
18m ago -
Andrew Foster, the bank's chief data officer, explained how he has been instilling data discipline across the organization and making the bank's data AI-ready.
39m ago -
The Office of the Comptroller of the Currency will announce Senior staffers overseeing large, regional and community banks early next month, apparently reversing the unified approach to supervision it implemented earlier in the year.
46m ago -
Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
8h ago