COLUMBUS, Ohio - (09/06/05) -- A man convicted in six kidnap-stylerobberies at credit unions, banks and check casher--including thebiggest credit union heist ever-- was sentenced Friday to 147 yearsand eight months in a federal prison. Gary Watkins, 41, wasconvicted in May, of staging a string of robberies with hisbrother, Eric Watkins, that included the kidnap-style robbery atWestern CU in July 2003, in which they stole $643,000, believed tobe the most ever robbed from a credit union. The gang was alsobelieved to be responsible for the May 2003 robbery of $145,000from Whitehall CU, and several other heists, with a total take ofmore than $1 million. Also convicted in the gang were: Frankie LeeJones, Gary Watkins' brother-in-law, and Jones' brotherDarryl.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










