PITTSBORO, N.C. - (09/27/04) -- One suspect was arrested and two arebeing sought in botched attempt to steal a State Employees CY ATMhere two weeks ago, which ended with three abandoned vehicles andthe ATM intact, lying at the side of the road. John Powell, 36, ofApex, was charged with felony breaking and entering and felonylarceny for busting in to an ATM kiosk, then tying a chain aroundthe machine and dragging it off its moorings. The thieves abandonedtheir efforts when the alarm sounded, then fled from police, onlyto run their getaway car into a nearby pond. The getaway car, aswell as a stolen pickup truck and stolen front-end loader used topull the machine from the kiosk, were all abandoned during theincident. Police have also issued warrants for two other suspectsthey believe were involved in the foiled robbery.
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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.
4h ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
4h 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.
5h 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





