Red-Handed Robber Hits CU

July 07, 2006, 1:00 a.m. EDT 1 Min Read

EVERETT, Wash. - (07/07/06) A bank robber who had a red dyepack explode as he was making his getaway Wednesday, discarded thestolen loot and robbed a nearby credit union instead. The dye packwas hidden in a bag of cash the suspect stole from First HeritageBank, but the robber dumped the bag after the dye pack explodedinside, spreading red dye. About 15 minutes later the same robberheld-up the branch of Snohomish County Public Utility District CUacross town, police said. Police are reviewing the surveillancetapes at the credit union and bank in their search for thebandit.

For reprint and licensing requests for this article, click here.

TRENDING

Community banking

Insurance deal too rich for Trustmark to pass up, CEO says

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.

By John Reosti

3h ago
Consumer lending

Synchrony hikes interest rates on credit cards to offset late-fee rule

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.

By Polo Rocha

3h ago
Industry News

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

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.

By Allissa Kline

4h ago

MORE FROM AMERICAN BANKER

Community banking

Insurance deal too rich for Trustmark to pass up, CEO says

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.

By John Reosti

3h ago
Consumer lending

Synchrony hikes interest rates on credit cards to offset late-fee rule

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.

By Polo Rocha

3h ago
Industry News

Bank of America, Goldman Sachs CEOs hang onto their board chair hats

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.

By Allissa Kline

4h ago
Politics and policy

Why are Republicans trying to nullify bank rules? Blame the coming election.

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.

By Claire Williams

5h ago
Fraud prevention

Sharing fraud data is hard. Two industry efforts aim to make it easier.

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.

By Carter Pape

7h ago
Small business lending

GOP lawmakers demand SBA revoke Funding Circle's 7(a) license

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.

By John Reosti

7h ago