COLORADO SPRINGS, Colo. - (10/11/05) -- A 64-year-old man was charged lastweek with using bomb threats to steal almost $50,000 during tworecent credit union robberies. A former roommate and two used carsalesmen were credited with helping nab Leonard McGraw, whoallegedly threatened to use bombs to rob Fitters Local 58 FCU ofmore than $47,000 on July 22, then to steal more than $2,000 fromthe Pentagon FCU branch on Sept. 29. Two salesmen at Perkins Dodgecalled police last week after they recognized the suspect insurveillance photos as the man who tried to trade-in his Dodgepickup, believed used as the getaway car. The suspect told thesalesmen his credit was poor so he was going to pay cash for twonew vehicles. McGraw's former roommate later told the FBI he wassure McGraw was the robber. The devices the suspect left behind atthe two credit unions are being tested to see whether they couldhave exploded.
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A collaboration between the bank and Edward Jones was honored as American Banker's top 2026 Innovation of the Year at the Digital Banking Conference.
4h ago -
The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.
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The fintech's recently installed U.S. CEO said at American Banker's Digital Banking conference that Revolut's goal is to become "the first truly global bank."
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Isabella Bancorp in Mount Pleasant to enter the Grand Rapids market with $54.6 million purchase of Grand River Commerce in Grandville.
11h ago -
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
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The fintech joins a handful of fintechs and payments companies that have laid off staff this year. Robinhood CEO Vlad Tenev said the decision was proactive to keep the organization lean.
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