AUSTIN, Texas - (10/01/04) -- The 'Cowboy Bandit' who robbedTravis County CU and seven area banks earlier this year, is hangingup his gun and spurs. Ernest Rodriguez, Jr., 44, faces up to 20years in prison on each robbery count and 10 years for being aconvicted felon in possession of a firearm after pleading guiltyWednesday to eight armed robberies and the weapons charge.Rodriguez got the nickname because he always wore a large cowboyhat concealing his face during his robberies. His biggest take was$11,660 his stole from Travis County CU last March. Rodriguez wasarrested in an undercover sting operation in which police stakedout several area banks believing he would return.
-
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
1h ago -
The child of a slave grew up to become the first woman to open a bank in the U.S., and pioneered community banking for Black communities.
5h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
5h ago -
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19








