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Woman on tape sought in Allen bank robbery

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The Dallas Morning News
November 4, 2005

Collin: Robbery failed at 2nd bank; she may be tied to other heists

Allen police recently released a still-videotape image of a woman suspected in a bank robbery and an attempted bank heist during a 10-minute span earlier this week.

Police say the woman is a suspect in two other Collin County robberies that occurred earlier this year.

A woman entered a Compass Bank at 806 W. McDermott Drive and got away with an undisclosed amount of money Tuesday afternoon, Allen police Cpl. Jon Felty said.

Ten minutes later, a robber failed to get any money a few of blocks away at First Convenience Bank, which is in a grocery store. But a camera at that location recorded the attempted robbery, Cpl. Felty said.

The FBI and Texas Rangers are working with Allen police on the investigation.

"She goes in, displays a note demanding money," Texas Ranger Sgt. A.P. Davidson said. "No weapons are brandished or indicated."

The woman in the image matches the description of the perpetrator in the two previous local robberies, officials said.

In August, a woman demanded money at the Wood Forest National Bank, which is inside the Wal-Mart at Coit Road near the President George Bush Turnpike. In January, an unidentified woman robbed Citizens State Bank in Princeton.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.