LOVELAND, Colo. - (07/21/05) -- An armed assailant believed to beresponsible for as many as a dozen financial institution robberies,including three at local credit unions, was arrested at his home inLas Vegas after employees at several of the institutions heallegedly robbed identified him from newspaper photographs. AlbertVaughan, 37, was dubbed the 'Front Range Bandit,' because heallegedly hit several credit unions in Colorado's Front Range,including Big Thompson FCU on March 3,and Longs Peak in Loveland,twice in 2003. Vaughan ahs confessed to all three credit unionheists, during which he brandished a pellet gun that looked like asemi-automatic pistol. IN a separate Fort Collins robbery, Vaughanstuffed the cash down the front of his pants where the dye packexploded. He was seen by a janitor in a public restroom pouringcold water on the money and dye pack. Vaughan told the FBI hecommitted so many robberies he couldn't remember all ofthem.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3