A suspect fleeing a robbery at Weyerhaeuser CU was caught a short while later after one witness recognized him as his barber. The witness, a credit union member, was standing in the parking lot with his two sons when he saw the suspect enter the credit union, then hurry out in a suspicious manner, according to Longview Police Det. Doug Kazenski. When the witness saw police cars arrive moments later he told police he recognized the suspect. "That's Mike, who used to cut his hair," Kakenski told The Credit Union Journal. Police went to the barbershop to track down the suspect, who tried to flee when they arrived at his home, but was captured after a short chase. The suspect, identified as Michael Aberle, 45, was arrested with some of the stolen loot on him. The suspect did not show a weapon during the robbery.
-
The top five banks and thrifts have combined total assets of nearly $13 trillion.
Just now -
After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
9h ago -
The Federal Reserve's Office of the Inspector General says the Fed has yet to fulfill 65 recommendations, and also identified 18 outstanding issues at the Consumer Financial Protection Bureau.
11h ago -
The bank will use biometric authentication to streamline checkout in stores starting in 2025. It has already completed internal and external pilots of the technology.
April 22 -
Banks reported nearly $27 billion had been tied up in scams or theft against elderly people in a recent 12-month period, according to a report from the U.S. Treasury.
April 22 -
The Federal Deposit Insurance Corp. says it's ready to wind down the global systemically important banks. But until that happens, many in the banking industry are skeptical that regulators have actually developed a workable strategy to end "too big to fail."
April 22