CORTEZ, Colo. -- A mother and daughter, sentenced to prison last months on horse rustling charges, were jailed last week for the roles in the May 2005 robbery of $105,000 from Southwest Colorado FCU here. Mother Sharon Vaughn, 61, received five years in prison for her role in the robbery, while her 37-year-old daughter Donja Vaughn was sentenced to seven years. Police discovered almost $80,000 from the heist at the Vaughns apartment after the mother tried to pay her rent with stolen credit union loot, but almost $26,000 has still not been recovered. The mother-and-daughter, who used to run a horse-breeding operation, were sentenced to jail terms last month for stealing horses in Kansas and Utah from 2000 to 2002.
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Andrew Foster, the bank's chief data officer, explained how he has been instilling data discipline across the organization and making the bank's data AI-ready.
18m ago -
The Office of the Comptroller of the Currency will announce Senior staffers overseeing large, regional and community banks early next month, apparently reversing the unified approach to supervision it implemented earlier in the year.
26m ago -
Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
8h ago -
Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
September 17 -
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
September 17 -
Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
September 17