ELKHART, Ind. - (02/21/05) -- Two 17-year-old boys arrested lastweek at the scene of a credit union robbery were waived into adultcourt on Friday to be tried as adults. The two, Brandon Pryor, andNockolas Pippin, and a third suspect, identified as DonaldWolfford, 18, were arrested after they robbed Michiana CU, by twopolice detectives who happened to be passing by at the time. As thedetectives stopped to check on a car running outside the creditunion, three masked men ran out of the credit union carryinggarbage bags that turned out to be holding stolen cash. Two of theteenage suspects were caught immediately, while the third wascaptured soon after. The driver of the getaway car is still beingsought.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17