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.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










