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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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10