CORTEZ, Colo. - (05/12/06) -- A state court jury found DanjaVaughn guilty Wednesday of last May's robbery of $105,000 fromSouthwest Colorado CU, finding Vaughn conspired with her motherSharon Vaughn and the lone teller on duty at the time, RebeccaSmith, in the credit union heist. Vaughn's 61-year-old mother,Sharon Vaughn, pleaded guilty to the robbery in March. Mother anddaughter were arrested after police discovered more than $40,000 incredit union loot hidden in their apartment. They first becamesuspects when Sharon Vaughn tried to pay her back rent with $20,000in $20 bills stolen from the credit union. The two women triedunsuccessful to commit suicide after they learned police were on tothem. They were found unconscious in a van on a rural road afterhaving ingested tranquilizers and hazardous chemicals. Smith, whooriginally told police the Vaughns were not involved but changedher story to implicate the two, has pleaded guilty to conspiracycharges in the case.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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