KEY WEST, Fla. - (03/21/05) -- Police say they have arrested a manwho robbed Keys FCU last week by threatening the teller with apitchfork. The suspect, identified as Fred Simunovic, was arrestedas he waited to board the Key West Ferry to Fort Myers. Simunovichad threatened a teller with the garden tool, then ran out of thecredit union with an undisclosed amount of cash, police said. Theyfound $1,900 believed stolen from the credit union on him when hewas arrested. Police found Simunovic at the ferry terminal afterthe captain refused to ley him board because he appeareddrunk.
-
Participate, a loan participation network, has agreed to use tokenized dollars issued by Custodia Bank and Vantage Bank.
48m ago -
Royal Bank of Canada is rolling out AI across its businesses in an effort to become more efficient and generate more revenues. The Toronto-based bank recently created an internal AI accelerator that directly reports to CEO Dave McKay.
1h ago -
The Ohio-based lender is accusing Atlantic Coast Mortgage of stealing customers, while a Chicago bank is accusing Lower of raiding a Maryland branch.
3h ago -
For the second week in a row, the 30-year fixed increased by 11 basis points, Freddie Mac found, a result of reaction to oil price hikes from the Iran conflict.
3h ago -
U.S. Bank's merchant acquiring group this week named Wally Mlynarski — formerly of Bank of America and a former executive at Evalon — to the top job as AI sweeps over the industry and with fintechs and traditional rivals ready to pounce.
4h ago -
The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the agency says aims to widen the bidder pool and cut failure costs.
4h ago









