X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
cash in bank vault Source: Shutterstock.

Mike Akeen Obed might have gotten away with robbing Siouxland Federal Credit Union in the middle of one night last June had it not been for a security guard who heard a noise coming from the ceiling.

U.S. District Court Judge John M. Gerrard sentenced the 22-year-old Sioux City, Neb., man last week to 18 months in federal prison for robbing a satellite branch of the $253 million SFCU. After serving his prison sentence, Obed will be on three years of supervised release, court documents showed. He pleaded guilty to federal credit union robbery in December.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Peter Strozniak

Dig Deeper

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.