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 acting chairman of the Federal Deposit Insurance Corp. said it is "difficult at this time to anticipate the consequences" of the possible expiration of the Transaction Account Guarantee program at the end of the year because of the uncertain economic climate.
Commonwealth is offering person to person and "bump" payments on 13 Android devices.
Software and services company may continue to automatically send notifications and not be considered in violation of CollegeNET's patents.
Two more banks are seeking to deregister their common stock following the passage of the Jumpstart Our Business Startups Act, citing potential savings on compliance costs.
Indecomm Global Services has opened a new mortgage lending and servicing outsourcing facility in Charlotte.
Lender Processing Services (LPS) has agreed to acquire LendingSpace, a provider of mortgage loan origination software.
United Community Financial (UCFC) in Youngstown, Ohio, will take a $5.2 million loss on a group of loans to a single commercial customer.
Bank holding companies overcame a lackluster fourth quarter to earn a record $118.4 billion in wealth management income in 2011, according to a new report.
Montgomery County in Maryland is teaming up with five local banks on a new program designed to encourage more bank lending to small businesses.
Camden National Bank in Maine has agreed to sell a branch in Rockland, Maine, that it is buying from Bank of America (BAC) because of competition concerns raised by the Justice Department.
QCR Holdings (QCRH) in Moline, Ill., has repaid about a fourth of its money it received from the Treasury Department's Small Business Lending Fund Program as part of its effort to increase its tangible common equity.
Tim Lathe is leaving KeyCorp (KEY) because his position within its community bank is being eliminated roughly 17 months after it was created.
Regulators revealed on Friday this year's list of communities where banks can receive credit under the Community Reinvestment Act for working in those areas.
Regulators have entered into a consent order with First Bank of Miami that requires the Coral Gables, Fla., company to maintain certain capital levels and ensure compliance with the Bank Secrecy Act.
Wyatt, who ran enterprise software at Motorola, will lead the Internet, mobile and ATM tech teams.
Smartleaf software will let the bank offer third-party research to customers.
With changes to capital standards looming, PNC Financial Services Group (PNC) is preparing to redeem $967.5 million in trust-preferred securities.
Xoreax software "grid-enables" Microsoft Windows applications.
British company provides a mobile phone app and reader that works with most devices.
The PayPal Prepaid MasterCard will be sold at 5,500 7-Eleven stores by the end of the year.
