DURANGO, Colo. - (08/10/05) -- A 60-year-old woman and her daughterwere facing numerous criminal charges when they allegedly held upSouthwest Colorado FCU and made off with more than $100,000,according to police. Both Sharon Vaughn and her daughter DanjaVaughn were facing charges of theft and forgery in El Paso CountyCourt when they allegedly held up the credit union, adding to theirlegal woes. The Vaughns were arrested after the mother tried to payher landlord $20,000 in $20 bills, apparently taken from the creditunion. Both mother and daughter attempted suicide on June 9 afterpolice searched their house and found $85,494 of the credit union'scash.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
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The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
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New York State's former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank's DWS Group is opening an office in Abu Dhabi; and more in this week's banking news roundup.
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Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
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