AUSTIN, Texas - (12/22/04) -- A serial robber dubbed the CowboyBandit, who held up Travis County CU and seven area banks earlierthis year, has roped his last steer. Ernest Rodriguez, Jr., namedfor his choice of headgear during robberies, was sentenced Tuesdayto 10 years in prison for robbing eight area credit unions andbanks earlier. Rodriguez was also ordered to pay $40,322 inrestitution, including $11,660 to Travis County CU, which heheld-up last March. Rodriguez was arrested in April during anundercover sting operation in which police staked out several areabanks believing he would return.
-
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
23m ago -
Once a prominent figure spurring financial institutions to engage in cryptocurrency, Bankman-Fried's downslide began with the collapse of the digital asset exchange FTX in late 2022 and hit rock bottom with his sentencing to 25 years in prison.
39m ago -
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.
1h ago -
The bank is launching KeyVAM, a virtual account management offering it designed with fintech Qolo. Both companies said the nature of the relationship was as important as the technology it produced.
5h ago -
The top five bank holding companies have combined total credit card loan portfolios of more than $705 billion.
9h ago -
Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
March 27