HONOLULU – A former assistant manager at Kahuku FCU is accused of stealing $45,000 from the credit union by opening accounts in her name and overdrawing them.
Tenille Afemata-Marasco is charged with first-degree theft, money laundering and use of a computer in the commission of a crime.
Prosecutors say between Aug. 16, 2007, and Aug. 29, 2008, she embezzled money from her workplace, opened up savings accounts and withdrew funds until each account had a negative balance.
Los Angeles-based Lendistry recently received a $100 million credit facility from East West Bank to support loans to airport concession operators.
Florida, Georgia, Texas and Arizona are all states where U.S. Bank, which operates mainly in the Midwest and the West, sees growth opportunities.
Many advisors want asset managers to do more than provide access to investments. A new Cerulli report suggests they should emphasize practice management strategies rather than business growth.
The robots, which have the dexterity of a human arm and can open envelopes, remove staples, and scan documents, are being used in its Chicago lockbox and will eventually be deployed in its six other lockbox locations across the U.S.
The crypto company made the acquisition to expand its institutional platform after it received approval from the OCC for a national trust bank charter.
Borrowing against art can offer liquidity without triggering capital gains, but high costs keep it from becoming a first-choice strategy.
