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.
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.
Triumph Bancshares of Germantown, Tenn., has sold 1.35 million shares to investors, raising roughly $12.2 million in fresh funds to help grow its bank.
International Bancshares (IBOC) of Laredo, Texas, reported first-quarter income of $28.3 million, down more than 6% from a year earlier, as the company collected lower fees from interchange and overdraft protection.
Fewer midmarket companies are expecting to seek financing this year as balance sheets have become stronger, according to a new report from Deloitte.
The board at Shore Bancshares (SHBI) of Easton, Md., has voted to suspend its one cent per share quarterly cash dividend following its $3 million loss in the first quarter.
A coalition of consumer and community groups is urging regulators to crack down on a Florida bank that is issuing prepaid cards for payday lender CheckSmart.
Harland Clarke Holdings reported a first-quarter loss of $22.9 million, compared with a profit of $23.4 million a year earlier, because of charges related to its parent company’s merger with MacAndrews & Forbes Holdings.
Two community banks overhauling their core processing systems.
Jay Sidhu has stepped down as the chairman of Atlantic Coast Financial because he believes the Jacksonville, Fla., company was failing to “mitigate or significantly reduce risks facing the bank.”
Buoyed by strong loan growth, BofI Holding (BOFI) of San Diego reported record earnings of $7.3 million for its fiscal-year third quarter, up 41% from a year earlier.
Fiserv (FISV) has partnered with Earthport to provide international payments processed through the automated clearing house.
