TACOMA, Wash. - (01/12/06) A Russian immigrant wanted inconnection with four area robberies, including Mondays atRainer CU, has changed in appearance to throw off authorities whoare searching for him. Police said Vladimir Shcherenkov, 27, robbedtwo more banks and shaved his beard since detectives began the huntfor the serial bank robber they called the "Yellow-jacketedRobber," because of what he wore during his first two holdups.Shcherenkov is also wanted for the Dec. 22 robbery at Wells Fargo,Jan. 3 hold-up at Columbia Bank, and Key Bank lastweekend.
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To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
3h ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
3h ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hardline stance on modifications.
4h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6





