AUSTIN, Texas - (04/16/04) -- A serial robber who is believedresponsible for the hold-up Travis County CU and at least sevenother area banks, was captured last week when he returned to thesame credit union in apparent preparation for another heist. Thesuspect, known by police as 'The Cowboy Bandit' because he wears acowboy hat, was identified as Ernest Rodriguez, Jr. Rodriguez wasarrested in an undercover sting operation in which undercoverpolice staked out several area banks believing he would return.Rodriguez drove to Austin from San Antonio with plans on robbingthe credit union, again, police said. He became suspicious when heentered the building and tried to flee, but was captured without astruggle. An alleged accomplice, identified as Joe Tamayo, was alsoarrested last week and charged with several of therobberies.
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The Federal Reserve governor's term was set to expire in January and President Donald Trump has made it clear that she would not be reappointed. The vacancy will give Trump an opportunity to appoint someone new to the central bank's board.
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Direct-to-consumer earned wage access provider EarnIn is rolling out Live Pay, a service that "streams" consumers' paychecks via a Visa card. It's a model banks could replicate.
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Deal for Clay County Savings Bank leaves Verimore Bank primed to add market share in a fast-growing Kansas City neighborhood
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Columbus-based Northwest Bancshares finalized its acquisition of Penns Woods Bancorp; Barclays becomes the second U.K.-based bank to leave the Zero Banking Alliance; BankUnited announces the appointment of Michael Mitchell as executive vice president, director of branch banking; and more in this week's banking news roundup.
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First Foundation is in transformation mode, after a capital infusion and new management gave it some power to remix its challenged balance sheet. But the bank just took its third quarterly loss out of the last four quarters.
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The Cleveland bank is working with Personetics to provide advice and help to digital banking customers that takes into account their circumstances, current transactions and history.
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