TEXARKANA, Texas – A former teller at TEXAR FCU apologized Wednesday for stealing almost $53,000 from the credit union Wednesday before she received a lenient sentence of one day in jail and five years supervised release.
Wendy McDonald, 35, was also ordered to pay restitution of $52,696.
McDonald told authorities she stole the money by creating phony loans at two branches she managed between Sept. 2007 and Oct. 2008.
Owning a bank will allow Chime to build products faster, shed partner banking fees, and reduce its funding cost, while also allowing the neobank to more efficiently expand its lending business.
The APFC from Sage Financial Solutions represents just one of a handful of coaching certifications that could help planners expand their skills and ability to serve clients with valuable behavioral capabilities.
The promotion of consumer banking head Brant Standridge to president is the outcome of "an extensive succession planning process," Huntington said. Steve Steinour said he will continue as CEO for around two more years.
A $5,000 scholarship from Cary Carbonaro and the CFP Board aims to help break financial barriers for women seeking to enter financial planning.
Two shareholders at United Bancorporation of Alabama say they've been expressing their concerns for years, to no avail. Now they want seats at the table.
Banks say the cost and complexity of anti-money laundering compliance — including enhanced due diligence and filing suspicious activity reports — is a major barrier to serving cannabis-related businesses.
