WICHITA FALLS, Texas - (11/09/05) -- A former teller at Wichita FallsTeachers FCU pleaded guilty to taking more than $305,000 from thecredit union's vaults in a multi-year scheme, authorities announcedTuesday. Amy Henry Berend pleaded guilty to a single count ofmisapplication of credit union funds and faces up to 30 years inprison when she is sentenced. The management of the credit uniondiscovered a discrepancy in the amount of vault cash on Aug. 17,and an internal audit verified the shortage. An independent auditconfirmed the cash shortage. Berend concealed the vault cashshortage by falsifying credit union documents to overstate theamount of funds in the cash dispenser, by posting cash transactionslate to make the shortage in the vault appear less than the actualshortage, and by indicating that funds had been transferred to anATM, court records show.
-
The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
1h ago -
Early Warning Service's peer-to-peer payments network saw payment volume growth accelerate in the first six months of 2025, buoyed once again by small-business payments.
4h ago -
As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
6h ago -
The Senate voted 48 to 47 to confirm Stephen Miran to the Federal Reserve Board, just ahead of the central bank's rate setting committee meeting.
September 15 -
The pending $369 million deal would bolster National Bank Holdings' footprint in Texas, where it currently operates as Hillcrest Bank.
September 15 -
The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
September 15