- .(12/27/01) - A North Carolina man who allegedly robbed MojaveCommunity FCU here Monday was captured just an hour later when hisgetaway car was stopped at a security checkpoint set up in the wakeof the September 11 terrorist attacks nine miles south of HooverDam. A large amount of cash believed stolen in the robbery wasrecovered in the 1997 Ford Explorer driven by Keith Stevens, 38,and Stevens, of Randleman, N.C., was charged with the heist. Policesaid a man believe to have been Stevens entered the credit unionaround 10 am wearing a black trench coat and a black felt'Crocodile Dundee'-style hat and demanded money. The thief did notdisplay a weapon.
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The OCC's approval of SmartBiz buying a bank opens the door to other fintech M&A deals for accessing bank charters, which can help a fintech stay in business.
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Provident Bank's Tara Brady was promoted to chief experience officer; the Federal Reserve ended its enforcement action against Nano Banc; Jim Nussle announced plans to retire as CEO of America's Credit Unions; and more in this week's. banking news roundup.
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The Fitzgerald-based Colony Bankcorp agreed to pay $3.5 million to purchase an agency in Monroe, Georgia. The deal signals the potential return of more banks buying insurers than selling them.
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The Department of Justice said in a court filing Friday that a February stop-work order from acting Consumer Financial Protection Bureau Director Russell Vought did not entail stopping statutorily mandated work by the bureau, defying earlier testimony.
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Wall Street continued its sell-off of financial institutions as the increasing likelihood of a U.S. recession fuels fears of revenue pressures.
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The Swedish institution's New York listing, which was viewed as a sign of fintech's recovery, has been delayed due to market volatility.
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