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.
-
At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.
2h ago -
New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.
2h ago -
According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.
3h ago -
The Alabama regional lender says it expects expenses to taper off this year and anticipates challenged loans will gradually rise to historically average levels.
3h ago -
Truist Financial's top executive leadership team announces departures; First Horizon's chief credit officer is retiring; Ferry teams with Highnote to roll out a new Visa-branded payroll card; and more in the weekly banking news roundup.
4h ago -
The Dallas-based regional bank tapped a client for its co-pilot capabilities, where employees can message a bot instead of a human to get tech assistance.
4h ago