ARROYO GRANDE, Calif. - (03/15/06) Police are looking for twoyoung women they say hitched a ride with a mother and her toddler,then forced the mother to take them to her credit union andwithdraw funds. The mother agreed to give the strangers a rideafter they approached her at the local Wal-Mart, then asked her todrive them to Sesloc FCU to make a transaction. When they got tothe credit union the suspects threatened to harm victimsthree-year-old son if she did not withdraw cash to give to them.The mother then made a large withdrawal and gave it to thesuspects, who forced her to drive them back to the Wal-Mart.Neither the mother or her infant were hurt.
-
Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
9h ago -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10