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.
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.
Bob Kottler, an executive at Iberiabank, hopes the Consumer Bankers Association can help shape the agency’s rulemaking process in 2013.
The money a household has to deposit into a bank account would decrease by an average of almost 55% if U.S. tax cuts are allowed to expire, an analysis from Market Rates Insight found.
Ameris Bancorp (ABCB) in Moultrie, Ga., has announced a streamlining plan that includes closing or selling about 20% of its branches.
CapStar Bank in Nashville, Tenn., has hired a former executive at Bank of America as its chief financial officer.
Alliance Bank in Syracuse, N.Y., has warned that almost 100 jobs would be eliminated after its merger with NBT Bank next year.
