TULLAHOMA, Tenn. - (08/24/04) -- Two women were arrested and chargedlast week with cashing more than $30,000 of counterfeit payrollchecks at area credit unions, most of it at AEDC FCU. The suspects,identified as Jami Thompson, 29, and Spring Langford, 27, werearrested at the credit union's Murfreesboro branch while Thompsonwas trying to cash on of the phony checks. Credit union employeeswho had been alerted to the scam stalled Thompson long enough forpolice to arrive. Langford, who was waiting for Thompson in a carout front of the credit union, was arrested at the scene withseveral of the checks found in the car. The fraudulent checks wereissued on two different businesses, Stewart Security Systems andNHC Health Care. The women had hit all of the AEDC FCU branchesmore than once.
-
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
1h ago -
Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
March 24 -
B2 Bank in Minnesota, which recently exited a regulatory action in connection with its banking-as-a-service business, announced the hires of a new CEO and two other senior executives.
March 24 -
The company's investment advisory subsidiary was dinged for failing to properly disclose that its allocation of certain client assets represented a conflict of interest.
March 24 -
Western Union CEO Devin McGranahan said at the Digital Asset Summit in New York that stablecoins were a great way to earn float revenue on money moving through its network. But the possibilities didn't end there.
March 24 -
The payment firm's P2P app, which has only been available in the U.S., will provide a new lane for remittances and other cross-border payments.
March 24










