WEST LAFAYETTE, Ind. - (07/07/05) -- A teenager was arrested Saturday andcharged with the June 11 shooting of a Purdue Employees FCU memberafter the member withdrew cash from the ATM in the credit union'sparking lot. The member, identified as Brian Clawson, 24, was infair condition at Methodist Hospital three weeks after he was shotin the back and robbed of the $50 he had just withdrawn. Atelephone tip led police to the arrest of 19-year-old MathewPoisel, of Logansport, who was charged with attempted murder, armedrobbery and robbery resulting in serious bodily injury
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After passing the Federal Reserve's stress tests with high marks, large banks announced dividend increases. In some cases, they also said the Fed had conceded that certain prior calculations needed to be revised.
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A team of ex-First Republic private bankers hopes to serve entrepreneurs who once worked with Silicon Valley Bank.
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The National Credit Union Administration, operating with just one board member, has liquidated two credit unions that were recently put into conservatorship. The failures are the first credit union failures since Democrats on the board were fired, leaving Republican Chair Kyle Hauptman.
July 1 -
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
July 1 - Yahoo Finance Feed
Dime Community Bancshares, which has added dozens of bankers over the past two years, is now ready to consider expanding its geography.
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The conviction of a fraud ring mastermind highlights growing risks in home equity lines of credit as equity-rich borrowers become prime targets.
July 1