CLARION, Penn. - (08/24/05)An employee of Clarion Onized FCU herehas been charged with theft by unlawful taking, a third-degreefelony offense, for allegedlystealing $12,000 in cash from thevault since 2003.Charged with the crime was Nancy P. Slaugenhoup,54, who failed to show up for work and reportedly traveled to NorthCarolina before turning herself in. Slagenhoup allegedly toldanother employee via telephone that she had removed the money fromthe cash drawer. Police said Slaugenhoup said she had beenborrowing hundreds of dollars at a time before thetheft escalated to $1,000 bundles.
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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10