SAN DIEGO - (01/07/05) -- A 34-year-old female who authoritiesbelieve is responsible for as many as two dozen armed robberies,including several at local credit unions, was ordered to standtrial on charges of robbery and assault with a deadly weapon.Shannin Marsh was identified in a San Diego courtroom by almost twodozen witnesses as the woman who robbed Pacific Marine FCU twice,and several other businesses. Witnesses from the credit union'sOceanside branch testified that Marsh used a demand note, flashedwhat appeared to be a gun and robbed the credit union of thousandsof dollars. Marsh is also suspected in hold-ups at USA FCU andGreat American CU, and in several bomb threats called in to CampPendleton, where her husband is a drill instructor. Marsh wasarrested Nov. 8 after she was identified by an employee at PacificMarine FCU from a surveillance video as the woman who robbed thecredit union in September 2003, and again in October. Aftersearching her home, police found a robbery demand note hidden in apink bag in the master bedroom closet.
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Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
March 20 -
Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
March 20 -
Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
March 20 -
Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
March 20 -
CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
March 20 -
Piermont Bank hired Dennis Day for a new executive role focused on payments; the American Bankers Association announced the global expansion of its widely used Fraud Contact Directory; MC Bankshares moved one step closer to finalizing its sale to an investor group; and more in this week's banking news roundup.
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