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.
Red River Bancshares in Alexandria, La., plans to expand into the Baton Rouge area with a deal to buy Fidelity Bancorp.
OceanFirst Financial in Toms River, N.J., expects to increase its fourth-quarter loan-loss provision because of Hurricane Sandy and new regulatory guidance for borrowers who have filed for bankruptcy.
With Buzz Points, customers earn points every time they do a signature transaction with their debit card and can redeem then for gift cards from select local and national merchants.
Large banks could learn a lot from James Black, the CEO of Citizens Community Bank in South Hill, Va., about listening to employees, informing shareholders and setting a clear direction.
Royal Bancshares of Pennsylvania (RBPAA) in Narberth, Pa., has hired a former executive at PNC Financial Services Group (PNC) to run its bank.
Libertyville Savings Bank and Farmers State Bank both plan to use Jack Henry's Core Director software in an outsourcing arrangement.
Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has given Michael Daly, its president and chief executive, the added title of chairman.
S&T Bancorp in Indiana, Pa., has named two banking veterans to leadership roles.
The Bancorp in Wilmington, Del., plans to raise $50 million through a common stock offering.
Armed with $350 million in capital and an expanded infrastructure, the CEO of National Bank in Colorado will be on the hunt for acquisitions in the new year.
Jeffersonville Bancorp (JFBC) is set to become the latest New York company to exchange the federal charter of its bank for oversight by a state regulator.
The holding company for AmericanWest Bank in Spokane, Wash., has agreed to repay what PremierWest Bancorp (PRWT) owes the Troubled Asset Relief Program before the banks merge.
Martin A. Steele will manage its commercial lending, cash management-treasury services and investment services, HomeStreet said Thursday.
First Bank has agreed to sell eight of its 19 branches in Florida to the $521 million-asset HomeBanc in Lake Mary, Fla., First Bank said Thursday. It will also close another three branches, two in Hillsborough County and one in Pasco County.
After a stock offering fell short of expectations, Sierra Vista Bank (SVBA) in Folsom, Calif., plans to raise about $1.7 million through a securities purchase agreement with Taylor International Fund.
Banks might have more success winning over underbanked consumers if they lowered initial deposit requirements and offered banking services to noncustomers, according to a new report from the Federal Deposit Insurance Corp.
The National Credit Union Administration showed strong improvement in an employee satisfaction survey released by the Partnership for Public Service.
Synovus, a Georgia-based company, and CEO Kessel Stelling should be able to devote more resources to loan growth, industry observers say.
Synovus Financial in Columbus, Ga., has sold roughly $530 million of problem assets and expects to take a pretax charge of $155 million tied to the move.
Alliance Data Systems (ADS) has signed a long-term agreement to launch a private-label credit card program for clothing retailer Dots.
