- .(12/27/01) - A North Carolina man who allegedly robbed MojaveCommunity FCU here Monday was captured just an hour later when hisgetaway car was stopped at a security checkpoint set up in the wakeof the September 11 terrorist attacks nine miles south of HooverDam. A large amount of cash believed stolen in the robbery wasrecovered in the 1997 Ford Explorer driven by Keith Stevens, 38,and Stevens, of Randleman, N.C., was charged with the heist. Policesaid a man believe to have been Stevens entered the credit unionaround 10 am wearing a black trench coat and a black felt'Crocodile Dundee'-style hat and demanded money. The thief did notdisplay a weapon.
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Sens. Ed Markey and Ron Wyden argue that the Small Business Administration neglected to warn small firms of the risks of merchant cash advances and closed off a key "escape route" from the resulting debts.
May 15 -
In a move seen to bolster his 2028 presidential run, California Governor Gavin Newsom named Rohit Chopra, the former director of the Consumer Financial Protection Bureau, to lead a new oversight agency; a Pine Bluff, Arkansas, bank employee was sentenced to 36 months in federal prison for bank theft; a Fairfax, Virginia, security administrator has been charged with allegedly stealing more than $6.6 million from his employer; and more in this week's banking news roundup.
May 15 -
New Federal Reserve stats show most consumers carry and store paper money, even as digital payments become mainstream.
May 15 -
The Mississippi lender's pending acquisition of OFB Bancshares, the parent company of One Florida Bank, offers an entry point into the fast-growing Orlando market.
May 15 -
At some banks, executives are overpromising results and putting tremendous pressure on tech teams, leading to a range of problems.
May 15 -
Fund managers are seeking to change the way banks think about Community Reinvestment Act investing.
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