Senator Dick Durbin said today that some of the nation’s biggest banks are now offering what are essentially payday loans, with interest rates as high as 400-percent.
A masked gunman robbed an East Chicago bank branch Monday afternoon on the Far South Side.
The suspect dubbed the “Chronic Bandit” robbed the U.S. Bank branch at 360 N. Michigan Ave. Friday morning, after hitting a nearby bank on four separate occasions.
A man claiming to have a bomb robbed an Oak Park bank on Monday evening.
Police shot and wounded one suspect, arrested another and one remains on the loose, following a bank robbery in south suburban Homewood.