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Saturday, February 9, 2013

Two Arrested, Charged in Connection to Bank Robbery in Town and Country

Police said two Chesterfield residents are in custody and charged in connection to the Jan. 30 First Bank robbery in Town and Country.

UPDATED 2 p.m., Sunday, Feb. 10: The Town and Country Police Department said two Chesterfield residents are in custody and charged in connection to the Jan. 30 First Bank robbery in Town and Country. (Read Previous Story: Police Searching for Town and Country Bank Robbery Suspect) St. Louis County police report the two were also wanted by other municipalities in connection to numerous bank robberies.  As previously reported by Patch, the First Bank at 383 Lamp & Lantern Village was robbed around 12:45 p.m. Wednesday, Jan. 30. Immediately after the robbery, authorities released photos of the suspect who was wearing a wig. They then began looking for another person who was also spotted in the bank prior to the robbery. Saturday, Town and …

Wednesday, February 6, 2013

Police Trying to ID Possible Bank Robbery Witness

Do you know this man? if so, police would like to speak with him in reference to the Jan. 30 First Bank robbery in Town and Country.

The Town and Country Police Department is trying to identify a possible witness to the bank robbery. Authorities released the photo of the man they want to locate Wednesday. That photo can be found in the photo portion of this article. As previously reported by Patch, the First Bank at 383 Lamp & Lantern Village was robbed around 12:45 p.m. Wednesday, Jan. 30. Immediately after the robbery, authorities released photos of the suspect who was wearing a wig. (Read Previous Story: Police Searching for Town and Country Bank Robbery Suspect) Now, police say the man they want to speak with was inside the bank shortly before the robbery and may have information concerning the crime. Anyone who can identify the person is asked to call the Town & …

Thursday, January 3, 2013

NEWS NEARBY: Police Searching For Suspect After Robbery Inside Schnucks

Police are reportedly searching for a suspect after a robbery at a West St. Louis County U.S. Bank inside a Schnucks store Thursday.

According to KMOV.com, police are searching for the man who robbed the U.S. Bank inside a Des Peres Schnuck’s Thursday. (Sign up here for the FREE Patch Newsletter, including Breaking News Alerts.) The suspect reportedly walked into the West County grocery store on Manchester Road, near Interstate 270, and demanded cash from the teller. KMOV reports the man fled with money and was spotted in a maroon car with license plate 8PJ-528.  As previously reported by Patch, this same U.S. Bank was robbed in November by a man who police said was wearing a wig. Read KMOV's complete story here.

Friday, August 31, 2012

Foreclosure Mediation Bill Passed by St. Louis County

Under a new St. Louis County ordinance, which Colleen Wasinger of Town and Country voted against, banks will have to participate in formal mediation before foreclosing on a home.

A new St. Louis County Council ordinance sponsored by Hazel Erby, D-University City, would require a formal mediation between banks and lendees before foreclosing on a home in St. Louis County. The measure was approved 5-2 this week along party lines. The council's Republican members, Colleen Wasinger of Town and Country and Greg Quinn of Ballwin, voted against the measure. Erby, according to the St. Louis Post-Dispatch, was thrilled with the passage of the ordinance.  "If we can keep some families from experiencing the heartache of foreclosure, then this (bill) will be a success," she said. The bill is designed to slow the rate of foreclosures in the area. According to St. Louis Public Radio, lenders believe the county is overreaching its…

Wednesday, November 9, 2011

Bank Transfer Day Pumps Up Missouri Credit Unions With $49 Million

More than 7,100 members switched to Missouri credit unions in the past six weeks. Local credit unions said the increase was evident.

Bank Transfer Day had a big payoff for area credit unions like Electro Savings, Gateway Metro, American Eagle and First Community, all located in Town and Country and Manchester. Since the effort began six weeks ago, the 131 credit unions in Missouri added 7,100 new members, who transferred $49 million into the credit unions, said Missouri Credit Union Association President and CEO Mike Beall. Bank Transfer Day was Saturday. “In just a couple of weeks, that’s a half percent growth in number of members and total assets,” Beall said. “That’s pretty significant growth in just a six-week period.” In the St. Louis area, Jim Cochran, vice president of retail sales for Vantage Credit Union, said the establishment saw increases throughout the six …

Thomas Hobbes

7:23 am on Wednesday, November 9, 2011

The belief of voting with your dollars and divesting from institutions that do not share your values and refuse to productively invest in the economy is an inherently moral act. It is to forcefully say "not with my consent." Kristen Christian, the activist who started Bank Transfer Day, was on Democracy Now! this morning discussing the importance of the event. A must-see interview: http://www.…   more ›

Monday, October 24, 2011

Area Banks Muscling in on Payday Loan Territory

Consumer credit counseling agency says to look before leaping into high interest loans offered by banks or payday loan establishments.

Several St. Louis area banks are getting into the payday loan business, including U.S. Bank, Regions Bank and Fifth Third Bank, according to the St. Louis Post-Dispatch. The banks require that the person taking out the loan has a checking account with them, has direct deposit and automatic withdrawal for the loan, said Thomas Fox, community outreach director for Cambridge Credit Counseling Corp., a nonprofit agency. The banks are competing with storefront payday loan and check cashing services, charging somewhat lower rates. They charge an upfront fee for a small loan of $100 to $500, which usually is scheduled to be paid off in one to three months. But Fox suggests contacting a nonprofit consumer credit counseling agency before taking out…

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