EDINA, Minn. - (06/14/05) -- Call it a consolation prize, if youwill. Dean Wickstrom, the president of Real Financial Centers CU,won't be seeing the $50,000 reward offered for his role in thecapture of the state's most prolific bank robber because employeesare not eligible for the prize. But Wickstrom, who helped trackdown the man responsible for as many as 25 credit union robberiesover a two-year period may end up with a prize anyway--anautographed replica of the robber's trademark fishing hat, worn inmany of the hold-ups. Wickstrom, who helped track the bandit forauthorities after the January robbery at his credit union, recentlyreceived a letter from jail the bandit, John Whitrock. In it the57-year-old serial robber apologized for scaring Wickstrom'stellers and offering an autographed replica of his signaturefishing hat. The man dubbed the Fishing Hat Bandit had read in thelocal newspaper about Wickstrom's request for the hat fromauthorities, who turned him down because the hat is evidence.Whitrock, who never showed a gun, pleaded guilty last month to 21counts of bank robbery and one count of attempted robbery and isbeing held in the county jail while awaiting sentencing.
-
The two companies are collaborating on making the digital asset private for payroll and other business transactions. While it's unusual, as the most well-known stablecoins are on public ledgers, tech firms are warming to the idea.
2h ago -
Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.
11h ago -
The parent company of Heartland Bank and Trust plans to acquire a smaller bank based in Carlinville, Illinois. The acquisition would give the buyer added heft in Central Illinois, as well as the Chicago and St. Louis metro areas.
October 20 -
Six trade groups warned the administration layoffs and funding freezes could dampen lending, threatening the administration's goal of economic growth.
October 20 -
The Boston-based bank is the second bank in three months to face pressure to sell by the activist investor group HoldCo Asset Management.
October 20 -
Comptroller of the Currency Jonathan Gould said in an interview with American Banker that his agency is looking at whether its own internal guidance may have contributed to a climate where banks feel the need to "cite everything" to avoid supervisory penalties.
October 20