COLUMBUS, Ind. - (08/08/05) -- An 18-year-old recent high schoolgraduate was charged Friday with attempted murder, kidnapping andcriminal confinement in connection with the July 27 incident atCentra CU when he held several people hostage during an apparentattempt at 'suicide by police'. Police said the troubled youth,identified as Galen Kroger, entered the credit union wearing a maskand holding a loaded rifle and was 'crying out for help,' as hewanted police to shoot him that day. The teen, they said did notask for money during the incident. Negotiators eventually persuadedKroger to release everyone but the credit union's manager, whom hereleased later, and police arrested him when he came out of thebuilding.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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