TALLAHASSEE, Fla. - (09/26/05) Five Hurricane Katrina evacueesfrom Mississippi was charged Friday with stealing $10,000 in extrarelief funds from a local chapter of the American Red Cross. Thefive, all relatives, were charged with either stealing or forgingRed Cross voucher forms, then cashing them at Envision FCU and theCU Service Center. The money was allegedly used to buy clothes,beer, cigarettes and a used Pontiac Montana minivan. The Red Crosssaid five of the vouchers had been stolen and another five wereforged. For example, one was made out for $305 and changed to$1,305.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17