Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
The $30 million acquisition has hit a snag over problems with Franklin’s commercial real estate portfolio.
The Ohio company's CRA rating took a hit after it inadvertently overcharged some customers.
The Louisiana company also set aside funds to cover efforts to settle litigation tied to its mortgage business.
George Sutton, now an attorney in Salt Lake City, will sit on several Glacier Bancorp committees, including audit and compliance.
The merger will create a bank with 13 branches and roughly $950 million in assets.
The Western Independent Bankers will continue to offer conference and educational services as a division of the California Bankers Association.
Washington Federal is the latest bank to pull an application after being flagged for insufficient Bank Secrecy Act compliance.
Washington Federal has pulled its application to buy Anchor Bancorp after regulators flagged issues tied to its BSA systems and processes. The companies said they remain committed to the deal.
The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.
Mark Thompson had previously been a CenterState regional president overseeing the South Florida market.