BARTLESVILLE, Okla. - (09/27/05) - A former Bartlesville firefighter wascharged last week with stealing more than $165,000 from thefirefighters union insurance fund and laundering the theft throughhis credit union. The alleged embezzlement was uncovered by when anemployee of 66 FCU called OK FCU about a suspicious check thesuspect, Lloyd Lay, tried to deposit in his account, in the amountof $9,432. Lay had been on the union's insurance committee for 12years and was authorized to handle funds and write checks on thefund's account. Lay told authorities he used the money forgambling. He resigned from the Bartlesville Fire Department lastweek.
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Senators from both parties criticized banks over overdraft fees, though populist Republicans and their more establishment conservative colleagues were split over whether blame for the problem lies with banks conduct or the consumers.
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Insurance companies are increasingly shifting their assets into offshore vehicles, where they are being used for…what exactly? We don't know, and that's the problem.
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After encountering a rough patch in 2023, seller 1895 Bancorp in Greenfield, Wisconsin, hired an investment bank to consider strategic opportunities.
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Kasisto developed one of the first conversational AI chatbots for banks, and the deal brings its technology to Backbase's new AI-based bank operating system.
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The Federal Reserve's new chair wants to change the way the central bank communicates with markets and the public. What those changes ultimately amount to could represent a major shift in an agency that has made transparency a guiding light for decades.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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