INDIANAPOLIS - (06/26/06) A local man accused of robbingForum CU of as much as $250,000 last week used the money in thedays immediately afterwards to put a down payment on a Cadilac, buta flat screen TV, bedroom furniture and other luxury items. Butpolice are still searching for mote than $200,000 allegedly stolenby William Beeler. The 44-year-old suspect was warrested Thursdayin the 1997 Cadilac Deville authorities said he bought hours afterhe bound employess at the credit union and emptied out the tellerdrawers and the vault. Authorities recovered the car, the TV, a DVDplayer and $1,2000 cash during a search of Beelers homeafter his arrest. They also found receipts for furniture and otheritems he had bought but had not yet been delivered.
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A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
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The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
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