ORLANDO, Fla. – Sunbelt CU employees were pistol-whipped by masked men Wednesday morning during a robbery just after opening.
The masked gunmen, who were wearing dark long-sleeved clothing, entered the credit union just before 8 a.m. as employees were opening the business. The gunmen ransacked the business and struck the workers, according to police.
The injured workers were taken to Florida Hospital with minor injuries.
Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week's banking news roundup.
President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
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