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.
Many bank buyers will stay on the sidelines until Dodd-Frank rules are written and the Consumer Financial Protection Bureau's agenda is clearer, industry experts say.
Firm is adding context mapping from the Reinvestment Fund to its CRA and fair lending compliance software to help financial institutions see their loan and deposit distributions across geographic regions and demographic groups.
Small-business owners are struggling to grow and hire — and they're blaming difficulties in securing financing, according to a Pepperdine University business school survey.
Community Bank in Iowa to provide online fraud training from TRC Interactive to employees.
Union Bankshares of Morrisville, Vt., has named its president, David S. Silverman, as chief executive after Kenneth D. Gibbons stepped down from the position.
The SWIFT board has nominated marketing head as Gottfried Leibbrandt to be the new CEO.
The pace of consolidation among financial technology firms is likely to pick up as more and more banks look to trim overhead by combining services with fewer vendors.
Hudson Valley Holding (HVB) in Yonkers, N.Y., has named a new leadership team following the resignation of founder and Chairman William E. Griffin.
WSFS Financial (WSFS) of Wilmington, Del., has lowered its previously reported first-quarter earnings after the implementation of a new risk-rating system led it set aside more funds for loan losses.
The Federal Reserve Board has entered into written agreements requiring two holding companies to serve as sources of strength for their community banks.
Thomas E. Wiseman, president at Ohio Valley Banc Corp. (OVBC), will add chief executive to his title.
Payments technology company Jumio has secured an additional round of funding led by a division of Citigroup (NYSE: C).
After benefiting from the acquisition of a failed bank in 2011, First Citizens BancShares’s (FCNCA) first-quarter earnings were down more than 42%, to $35.5 million, from a year earlier.
Hawthorn Bancshares (HWBK) in Lee's Summit, Mo., has repaid $12 million of the $30.2 million in funds it received under the Troubled Asset Relief Program.
Hilltop Holdings announced Wednesday that it is buying PlainsCapital of Dallas for roughly $520 million in cash and stock.
The more obscure a credit card issuer's pricing and the more aggressive its marketing, the more its losses jumped during the recession, according to a new study from the Center for Responsible Lending.
Cambridge Savings Bank has added mobile check deposit to its mobile banking app.
CFE Federal Credit Union in Lake Mary, Fla., has selected Fiserv's Acumen account processing product with in-house delivery.
Remittances sent to Latin America from the U.S. in 2011 exceeded pre-recession levels and more money was remitted through banks than other methods, according to a new report from Inter-American Dialogue.
First BanCorp in San Juan, Puerto Rico, is bringing its credit card portfolio back in-house.
