ALEXANDRIA, Va. - (06/10/05) -- A former accounting clerk and loanofficer who was convicted of stealing $265,000 from Georgia PowerNorthwest FCU , was among eight individuals banned by NCUA from thecredit union industry Thursday. Kristi Brooks confessed toembezzling the funds from the Rome, Ga., credit union, in 58transactions between January 200 and June 2003. Also banned were:Vivian Gonzalez, former manager, and Danilla Swindle, former loanofficer, at Fitters Local 58 FCU, Colorado Springs, Col.; MichaelHayes, former chairman of the board at Utica Cutlery Employees FCU,Utica, N.Y.; Marc Miller, former vice president of Arrowhead CU,San Bernardino, Calif.; Rose Rodriguez, former employee of TropicalFinancial CU, Miami; David Smith, former board chairman ofPennsylvania Central FCU, Harrisburg, Pa.; and Lois Thomas, formerbranch manager at Louisiana Public Health Workers FCU, Metairie,La.
-
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.
March 27 -
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.
March 27











