PITTSFIELD, Mass. - (06/02/06) Two local robbers weresentenced to long prison terms Thursday for their roles in ahold-up at the Credit Union of the Berkshires that netted them morethan $100,000. A Berkshire Superior Court judge sentenced MarcosSostre, 32, to at least 20 years in prison, and his accomplice,Robinson Figueroa, 20, to at least 12 years for the December 22,2004 armed robbery. The getaway car driver in the hold-up, AngelLamboy, pleaded guilty earlier and was sentenced to six-to eightyears in state prison.
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The fintech and nonprofit join others, including AARP and the ICBA, in working to raise awareness of the financial risks of Alzheimer's and dementia.
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The impact of President Trump's tariffs is the top concern for most middle-market American businesses, a new KeyBank survey found. But these firms also view the scrambled landscape as a chance to innovate and restructure.
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The Federal Reserve Board banned a former relationship banker in Arkansas after he was caught stealing customer funds; Benchmark Federal Credit Union plans to merge with Franklin Mint Federal Credit Union to form a $2.1 billion-asset institution; Robin Vince, CEO of Bank of New York Mellon since 2022, has been elected chairman of the board; and more in this week's banking news roundup.
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In USAA's battle with banks over mobile deposit technology, which it says it invented, a bank has scored a rare victory.
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The House and Senate will need to resolve a slight difference between their versions of the bill before sending it to President Donald Trump for his signature.
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A Trump-appointed judge refused to dismiss a settlement between the Consumer Financial Protection Bureau and a Chicago mortgage lender over lending practices that an appeals court already said violated the Equal Credit Opportunity Act.
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