DECATUR, Ala. - (10/26/04) -- Tellers at Wolverine Employees CUfoiled an attempted robbery Friday when they locked the doors justafter they saw a masked bandit headed into the credit union on theparking lot surveillance system. The quick-thinking tellers usedsaw the robber approaching so they used an electronic button tolock all of the credit union's doors, police said. The maskedfigure tried to enter the building, realized the doors were locked,so fled in a waiting car. Police later arrested a 24-year-oldwoman, identified as Kaye Holmes, and charged her with attemptedrobbery.
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Two former members of the Federal Open Market Committee said in interviews that they expect the Federal Reserve to keep rates steady amid uncertainty over the ongoing war with Iran and the resulting upward pressure on inflation.
March 27 -
Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
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Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.
March 27 -
The Federal Deposit Insurance Corp.'s Office of Inspector General said in a Thursday report that staffing cuts over the past year could strain supervision and the agency's response to a crisis.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
American Banker data finds that regulatory clarity is the top ask from executives holding back on adoption planning.
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