HOUSTON - (10/03/05) -- A local man was charged Friday withfiling a phony claim with the Federal Emergency Management Agencyto receive $2,000 in Hurricane Katrina assistance through hiscredit union. According to a two-count indictment obtained by TheCredit Union Journal, Barney Spears, 38, filed an onlineapplication with FEMA in which he falsely claimed a primaryresidence in downtown New Orleans, and that the hurricane causedhim to have essential needs for food, shelter and clothing, thenhad had FEMA wire the available $2,000 in emergency aid to hisaccount at New Orleans FCU. But Spears has been working and livingfulltime in Houston since August 2004, the indictmentcharged.
-
A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
9h ago -
The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
10h ago -
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
11h ago - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
11h ago -
The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
11h ago -
The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to pass the bill out of the House before Trump's July 4 deadline.
July 1