Latest Savings Bank News

Federal regulators issue cease-and-desist order to Iowa bank

Sep. 01, 2021 13:03 PM EDT

DES MOINES, Iowa (AP) — Federal bank regulators have issued a cease-and-desist order to an Iowa bank accused of risky practices that threaten the stability of the 113-year-old, family-owned bank. The Federal Deposit Insurance Corp. has ordered Luana Savings Bank to...

Editorial Roundup: Alabama

Aug. 31, 2021 14:13 PM EDT

Dothan Eagle. August 28, 2021. Editorial: Distracted Alabama’s elected officials seem to have forgotten that their primary charge is governing in the interest of the people who elected them. Our state has myriad challenges, many of them imminently...

2nd man pleads guilty in Martha's Vineyard ATM skimming scam

Aug. 17, 2021 15:17 PM EDT

BOSTON (AP) — A Bulgarian man has pleaded guilty to his role in a scheme to create counterfeit ATM cards that were then used to steal money from other people's bank accounts, federal prosecutors said Tuesday. Anatoli Mitrev, 34, pleaded guilty in the so-called skimming...

Editorial Roundup: New England

Aug. 06, 2021 17:05 PM EDT

Portland Press Herald. August 6, 2021. Editorial: Maine State Police justified in plan to use body cameras The equipment is expensive, but it will boost accountability and public confidence in the agency’s work. Vast stretches...