OMAHA, Neb. – A former teller supervisor at Metro CU was sentenced to five years probation, the first four on home confinement, for stealing almost $61,000 from cash drawers she was supervising. Jolyn Schmeling, 29, was found guilty of stealing the cash from tellers’ dispensers between June and September 2004. Th theft was uncovered during an internal audit and security cameras showed Schmeling accessing the cash dispensers in violation of the credit union’s policy.
A collaboration between the bank and Edward Jones was honored as American Banker's top 2026 Innovation of the Year at the Digital Banking Conference.
The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.
The fintech's recently installed U.S. CEO said at American Banker's Digital Banking conference that Revolut's goal is to become "the first truly global bank."
Isabella Bancorp in Mount Pleasant to enter the Grand Rapids market with $54.6 million purchase of Grand River Commerce in Grandville.
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
The fintech joins a handful of fintechs and payments companies that have laid off staff this year. Robinhood CEO Vlad Tenev said the decision was proactive to keep the organization lean.
