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.
Heartland Financial USA (HTLF) is bulking up in Wisconsin with a deal to acquire First Shares in Platteville for roughly $11 million in cash and stock.
The main news programs on broadcast networks ABC and NBC have ignored the biggest scandal roiling the banking world this summer, according to the nonprofit website Media Matters for America. Other networks have covered it, but critics urge TV to toughen reporting on banking.
KeyBank is the latest regional that will start issuing its own cards again in hopes of growing revenue and wallet share.
New Hampshire Thrift Bancshares (NHTB) has made its first bank deal in nearly five years, agreeing to buy Nashua Bank for roughly $19.4 million.
Hudson Valley Holding (HVB) in Yonkers, N.Y., reported lower second-quarter earnings after net interest income dropped from the same period a year earlier.
HF Financial (HFFC) has agreed to provide its largest shareholder with confidential information after the investor threatened to run its own candidate for the Sioux Falls, S.D., company's board.
BOK Financial's (BOKF) second-quarter earnings rose from a year earlier and surpassed expectations as fee revenue increased and credit quality continued to improve.
New forum will work on technical issues and consumer awareness.
Bank of the West has changed up the responsibilities of some of its top management in effort to increase management focus on strategic areas like regional banking and wealth management.
A division of Heartland Payment Systems (HPY) has signed up 15 new colleges and universities to use its card designed for students and campus life.
Peoples Bancorp of North Carolina (PEBK) in Newton said that Lance A. Sellers, its chief credit officer, will take over as chief executive and president later this year.
Park State Bank's new tool is integrated with its online banking, core banking and payment platforms.
TD will also use Fiserv's FraudNet fraud detection software, in addition to the company's electronic bill payment.
Bank of America (BAC) is eliminating dozens of ATMs in two grocery store chains throughout the Southeast as it continues to scale back its operations.
Heartland Financial (HTLF) in Dubuque, Iowa, reported that its second-quarter earnings rose about 45% from a year earlier, to $12.9 million, because of higher noninterest income.
Shares for Independent Bank (IBCP) climbed Monday after the Ionia, Mich., company reported its second consecutive quarter of profitability from improved asset quality.
Former FBI and Navy officer to take bank's top information security spot.
Capitol Federal Financial in Topeka, Kan., posted a stronger quarter compared with a year ago but earnings in the quarter that ended June 30 were down from the prior quarter as net interest income fell.
Company says it has made 230 upgrades to Encompass360, many of them for compliance reasons.
Suffolk Bancorp in Riverhead, N.Y., posted higher second-quarter profit as it recorded a credit for its loan-loss provision and a decline in operating expenses.
