MARSHALLTOWN, Iowa. - (12/01/04) -- A 15-year-old boy was arrestedMonday and charged with last week's armed robbery at Fist Member'sCU here. Fernando Garcia was captured after a short foot chaseafter two residents called police and said they recognized him froma description of the robber. The money, the gun used in the hold-upand the clothes worn during the robbery were all recovered bypolice. Police said a suspect wearing a hooded sweatshirt and skimask hit the credit union just before lunchtime, then fled in agray pick-up truck.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
7h ago -
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
September 17 -
St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
September 17 -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
September 17 -
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
September 17