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.
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.
BB&T (BBT) has created a new south Texas region and named a longtime employee as its president.
The chief operations officer at First Advantage Bancorp (FABK) in Clarksville, Tenn., will moonlight at the bank for the foreseeable future.
The banking unit of FS Bancorp (FSBW) in Mountlake Terrace, Wash., has promoted two executives in an effort to strengthen oversight of credit operations.
Two community banks have repaid the Troubled Asset Relief Program.
Wells Fargo CTO Joseph Kissel moving to Florida bank.
Consumers National bought its new mortgage lending software before hiring staff for the new department.
Solera National Bancorp in Lakewood, Colo., has hired a veteran risk manager as its chief credit officer.
Bob Kottler explains how the Louisiana company has been able to book small business loans while other banks struggle to grow.
Fifth Third Bank is the latest bank to announce that it would halt evictions during the holiday season.
Prosperity Bancshares (PB) in Houston has agreed to buy Coppermark Bancshares in Oklahoma City, Okla., for $193.9 million in cash and stock.
