July 16 2025

Credit Union Robbery Basis for Recent Supreme Court Ruling

Credit Union Robbery Basis for Recent Supreme Court Ruling

A 2008 armed robbery at a Fort Financial FCU branch went horribly wrong when two armed thieves were deterred by the security system and fled to a nearby home. The elderly owner of the home, who was forced to move from one room to another by one of the robbers, later died of a heart attack. At issue was a 1934 law that makes it a separate crime to take a hostage in the course of robbing a financial institution. The court ruled that the robber’s actions amounted to the taking of a hostage. [1/15/15]

Risk Watch Plus Webinar 8: Complaint Management

Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.

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