Business

Freedom Federal Credit Union to open new branch in Perry Hall

PERRY HALL, MD—Freedom Federal Credit Union has announced plans to open a new full-service branch in the Perry Hall/White Marsh area. This is the Credit Union’s first branch in Baltimore County, and sixth branch within Northeastern Maryland. The new branch will be located at 5000 Honeygo Center Drive in the Honeygo Village Center, adjacent to Weis Markets, and across from …


Business

Maryland unemployment insurance claimants can now enroll in new direct deposit program

BALTIMORE, MD—Maryland Department of Labor Secretary Tiffany P. Robinson has announced that unemployment insurance claimants can now log into their BEACON 2.0 portal or mobile app to select direct deposit or paper check as their preferred benefit payment method. The transition from Bank of America debit cards to direct deposit comes as a result of a new contract with Wells …


Maryland Department of Labor: Direct deposit will be available for unemployment insurance claimants in April

BALTIMORE, MD—Maryland Department of Labor Secretary Tiffany P. Robinson on Tuesday announced that Maryland’s unemployment insurance claimants will begin receiving their benefit payments via direct deposit beginning in April. The transition from Bank of America debit cards to direct deposit comes as a result of a new contract with Wells Fargo. “Maryland’s unemployment insurance claimants will begin receiving their benefit …

Governor Hogan announces financial relief initiatives for Marylanders, small businesses [VIDEO]

BALTIMORE, MD—In collaboration with Maryland’s financial institutions, Governor Larry Hogan on Friday issued an Executive Order and announced a series of financial relief initiatives to provide assistance to millions of consumers and small businesses who are facing economic hardships due to COVID-19. “As our state responds to this deadly public health emergency, Marylanders should not be worried about losing their …

Governor Hogan prohibits mortgage lenders from initiating foreclosure process during COVID-19 pandemic

UPDATE: Click here for a full summary and video from Governor Hogan’s Friday press conference. Original story below… —— ANNAPOLIS, MD—Governor Larry Hogan held a press conference on Friday afternoon outlining additional steps the state of Maryland would take to assist Maryland residents during the coronavirus pandemic. Governor Hogan is issuing an emergency order to provide additional and immediate financial …

Former VP of Md. bank sentenced to 3 years in prison

A Nottingham woman was sentenced to three years in prison on Friday in connection with wire fraud and bank embezzlement charges. U.S. District Judge Richard D. Bennett sentenced Melissa Strohman, 54, to three years in prison, followed by three years of supervised release, for a six-year scheme to steal over $1.8 million from bank customers at Hopkins Federal Savings Bank, …

Former VP of Md. bank admits to 6-year scheme to steal over $1.8M from customers

UPDATE; 5/13/2017: Strohman has been sentenced to prison – details here. Original story below… —— A Nottingham woman pleaded pleaded guilty in federal court on Wednesday to wire fraud and bank embezzlement, arising from a six-year scheme to steal over $1.8 million from bank customers at the bank where she worked.   According to her plea agreement, from April 2010 through …

Nottingham woman charged with embezzlement, wire fraud

UPDATE, 5/13/2017: Strohman has been sentenced to prison – details here. UPDATE, 1/26/2017: Strohman has pleaded guilty to the charges. She will be sentenced in May. Original story below… —— A Nottingham woman is facing federal charges of wire fraud and bank embezzlement, arising from a six-year scheme to steal over $1.8 million from bank customers at the bank where she …