WESTBOROUGH, Mass. - (11/21/05) -- A drug-addled suspect was arrestedlast week and charged with robbing a Digital FCU member at thecredit union ATM by threatening her with a hypodermic needle heclaimed was infected with the AIDs virus. Police said MathewBraley, 21, robbed the credit union member of an estimated $160 tohelp him support a heroin habit. Braley was captured after he fledthe credit union parking lot, unsuccessfully tried to carjack apassing motorist, then hailed a cab. Braley first triedunsuccessfully to cash a stolen check at the credit union, thenwalked outside and accosted the member, who had just made a depositat the ATM, according to police. The member was forced atneedle-point to her car and forced to give him the cash, but notbefore she was able to kick him several times.
-
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
2h ago -
The store-branded card issuer is raising annual percentage rates and adding fees for paper statements to compensate for lost revenue. The Consumer Financial Protection Bureau's new regulation is scheduled to take effect on May 14.
2h ago -
At the banks' annual meetings, shareholders at both companies struck down proposals that would have split the board chair and CEO roles. Two other proposals also failed to win shareholder support, one concerning energy financing and another on pay gap analysis.
3h ago -
Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.
4h ago -
The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.
6h ago -
Republicans on the House and Senate Small Business committees are accusing the SBA of being irresponsible in granting Funding Circle permission to participate in its flagship loan-guarantee program.
6h ago