February 17, 2013 |
A suspected serial robber hit his fifth bank this month, this time taking advantage of Sunday hours at the TD Bank branch at 5501 Ridge Ave. in Roxborough, according to the FBI. The FBI reported that at 12:05 p.m. Sunday, the suspect entered the bank and passed a teller a demand note. After receiving an undisclosed amount of cash, he fled on foot and was seen running north on Ridge Avenue, then west on Markle Street. Surveillance photos of the man showed a black male in his late 20s to early 30s, about 5-foot-9, with a goatee and glasses.
February 7, 2013
In the Region 45,000 added to N.J. care program Horizon Blue Cross Blue Shield of New Jersey added 45,000 members to a program that pays primary-care doctors' practices to take a proactive role in coordinating care, making sure patients get needed tests and follow through on treatment plans. The expansion, which includes nine practices in South Jersey, brings to 200,000 the number of Horizon members in the model known as the patient-centered medical home. Horizon said the program has improved diabetes control and boosted the rate of breast and cervical cancer screenings.
May 31, 2012 |
A Delaware County man was arrested Wednesday after authorities said he robbed a bank in his neighborhood twice and used the money to pay property taxes, put new windows in his house, and fund a trip to Atlantic City. David Federowicz, 39, of Marcus Hook, was arrested without incident, District Attorney Jack Whelan said in a statement. He was charged with robbery, theft, and receiving stolen property. According to court documents, Federowicz robbed the Sovereign Bank in Marcus Hook in January and September 2011, stealing more than $14,000.
March 17, 2012
A man wanted for a Main Line bank robbery has been arrested after a standoff with police in Virginia, officials said Friday. Michael Francis Hamilton was hospitalized for an overdose after surrendering to police in Fredericksburg, according to the Free Lance-Star newspaper. Hamilton, 25, had been sought in the robbery Tuesday of the Sovereign Bank on Aldwyn Lane in Radnor Township. Radnor police confirmed that Hamilton, a native of West Norriton Township, had been arrested in Fredericksburg after a standoff with police at a motel.
January 19, 2012 |
Police are looking for a man who staged stickups at two banks two blocks apart in Southwest Philadelphia this morning. It is not clear yet if the thief made off with any money from the M&T Bank branch at 6301 Woodland Ave. or the Sovereign Bank branch at 6500 Woodland Ave. Police are using a photo taken from surveillance video in their hunt for the bandit.
November 14, 2011
Sovereign Bank, which has 70 branches in the Philadelphia region, said it received regulatory approval to convert from a savings bank to a national bank. The Boston-based bank, which used to be headquartered near Reading, is a subsidiary of Spain's Banco Santander S.A. Sovereign said the change would allow it to conduct more business with large corporations. Traditionally, savings banks have emphasized residential real estate lending. - Harold Brubaker
October 16, 2011 |
U.S. hiring, business, and investment will stay slow for years. That's what people who ought to know - about 1,200 private-company investors and deal-makers who packed the Association for Corporate Growth's yearly conclave - were telling one another at the Convention Center last week. "The big internal debate in our firm is whether the malaise is going to go on for five to seven years, or seven to 10," Mike Conaton , New York-based managing partner at buyout firm Cyprium Partners , said.