TYLER, Texas - (04/07/05) -- Authorities have increased a rewardleading to the arrest of two armed men who robbed East TexasProfessional CU last month who may be responsible for as many aseight other robberies in the region. The reward, offered by theTexas Bankers Foundation and the East Texas Financial Institutions,was hiked from $2,500 to $17,500. Surveillance videos show the twomasked men running into the financial institutions with guns drawnand demanding officials drop to the floor, while the tellers areordered to fill bags with money. In all of the robberies, thesuspects have used stolen vehicles to commit the robbery thendisposed of them in wooded areas around Tyler.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
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The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
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