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Money coming back to Billings taxpayers
Taxpayers in Yellowstone County can expect a few more dollars in the bank this year. Yellowstone County Commissioners announced on Monday that they won't use $687,000 of tax levy authority, which ...
Big News Network

NADBank approves $53 million finance package to El Paso
The North American Development Bank (NADBank) bought $53 million worth of municipal revenue bonds from the City of El Paso.
Biz Journal

Nonprofits scramble as Census reports rising poverty rates
The nation's poverty rate has increased as the recession's impact is felt by families across the country and local food banks and other nonprofits scramble to help meet growing needs.
Biz Journal

2nd man sentenced in ATM skimming scam
A second man was sentenced Tuesday in federal court in a major ATM skimming scheme. Nikolay Nilolov, 24, of Bulgaria, was sentenced to six years and four months  in federal prison on charges that he stole more than 200 bank debit card numbers and passwords using a device connected to Metro Atlanta ATMs, court authorities said.
AJC

FDIC seeks $45B prepayment on bank deposit coverage
Banking regulators want to require banks to pay the next three years of insurance premiums up front to shore up the federal deposit insurance fund, which they said could fall into deficit as soon as this week.
Biz Journal

Hartford Financial close to naming former BofA exec CEO
Hartford Financial Services Group Inc., a troubled insurer, is expected to name Liam McGee, former head of consumer banking at Bank of America Corp., as its new chief executive, the Wall Street Journal reported Tuesday. (BAC) (HIG)
Biz Journal

Polygamist sect man skirted bank laws
A polygamist sect member set to go on trial for bigamy and sexual abuse of a child next month deliberately skirted anti-money laundering laws and used a wife he once abandoned to help front a company ...
bignewsnetwork.com

Banks may have to prepay FDIC premium
The federal Deposit Insurance Corp. wants to require its insured banks to prepay quarterly risk-based assessments for the fourth quarter and for all of 2010, 2011 and 2012.
Biz Journal

Federal Deposit Insurance Corp. requires banks to prepay premium
The federal Deposit Insurance Corp.'s board approved a proposed rule Tuesday that will require insured banks to prepay quarterly assessments for the fourth quarter of 2009 and all of 2010, 2011 and 2012.
Biz Journal

Chilean judge questions son of late dictator Pinochet in probe of family`s overseas fortune
SANTIAGO, Chile (AP) — A judge is questioning the eldest son of the late Chilean dictator Augusto Pinochet in an investigation into his father's secret overseas bank accounts.
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