VASSALBORO, Maine - (04/01/05) Jeremy Jones has pleaded guilty torobbing Maine Savings FCU here and now faces the maximum 25-yearjail sentence. He also pleaded guilty to aiding and abetting theuse of a firearm. Jones had been charged with robbing the creditunion along with two other men after earlier casing anotherfinancial institution. Court documents indicated that Jones got$5,000 in the robbery and that ad he and his wife used most to themoney to pay off a drug debt and to buy heroin.
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The child of a slave grew up to become the first woman to open a bank in the U.S., and pioneered community banking for Black communities.
23m ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
28m ago - AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19









