LONGVIEW, Wash. - (06/23/06) -- A suspect fleeing a robbery atWeyerhaeuser CU Tuesday was caught a short while later after onewitness recognized him as his barber. The witness, a credit unionmember, was standing in the parking lot with his two sons when hesaw the suspect enter the credit union, then hurry out in asuspicious manner, according to Longview Police Det. Doug Kazenski.When the witness saw police cars arrive moments later he toldpolice he recognized the suspect. "That's Mike, who used to cut hishair," Kakenski told The Credit Union Journal. Police went to thebarbershop to track down the suspect, who tried to flee when theyarrived at his home, but was captured after a short chase. Thesuspect, identified as Michael Aberle, 45, was arrested with someof the stolen loot on him. The suspect did not show a weapon duringthe robbery.
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A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
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The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
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In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
July 1 - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
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The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
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The Senate passed President Trump's tax and spending bill Tuesday, but questions around Consumer Financial Protection Bureau funding, 1071 delay and remittance taxes remain as GOP leaders scramble to pass the bill out of the House before Trump's July 4 deadline.
July 1