COLORADO SPRINGS, Colo. - (07/25/05) -- Authorities were hunting over theweekend for a man who took a live explosive device out of backpackat Fitters Local 58 FCU Friday morning, then made off with anundetermined amount of cash. Police shut down the area surroundingthe credit union for three hours as the bomb squad disabled thehome-made bomb at the credit union. Employees were inside thecredit union at the tome but no members were. No one was injure dinthe incident. The case is unusual because most times that robbersclaim to have an explosive device they are bluffing, policesaid.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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