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.
Buoyed by growth in the number of active cards, Green Dot reported first-quarter earnings of $17.1 million, up 35% from the same period a year earlier.
The Federal Reserve Board has terminated a written agreement with North Valley Bancorp (NOVB) in response to the Redding, Calif., company's improved financial condition.
Corporate Insight has identified opportunities for banks to run marketing and reward programs on the social media site.
An online survey conducted by Infosys finds banks have much room for improvement in the speed and reliability of their mobile banking offerings.
Sun Bancorp (SNBC) has more than doubled the size of its New Jersey home mortgage team by hiring 50 former MetLife (MET) employees for its residential lending division.
Fidelity National Information Services reported first-quarter profit of $95.8 million, down less than 1% from a year earlier, as corporate expenses climbed.
Buoyed by stronger credit quality and higher mortgage banking income, Lakeland Financial (LKFN) of Warsaw, Ind., reported record first-quarter income of $8.6 million, up 45% from a year earlier.
Everis to use Numerix tools for Monte Carlo simulations, cross-asset analytics and other risk-related tasks.
New Brussels-based organization will fund and publish research from academics and senior industry professionals.
Diebold reported a first-quarter profit of $45.2 million, compared with earnings of $2.5 million a year earlier, due to growth in its North America and Asia-Pacific businesses.
Hudson City Bancorp (HCBK) of Paramus, N.J., intends to limit its mortgage lending this year as it looks to diversify its mortgage-heavy balance sheet and improve its regulatory capital ratios.
PremierWest Bancorp's losses widened in the first quarter as problem loans continued to drag down results as the Medford, Ore., company.
Aided by strong client transaction growth, Total System Services reported that its first-quarter earnings rose more than 15%, to $56.4 million, from a year earlier.
BancorpSouth (BXS) of Tupelo, Miss., is coming off its strongest quarter in two years as improved asset quality and modest growth in fee income more than offset declining loan revenue.
Zions Bancorporation (ZION) will raise up to $250 million in fresh capital to redeem outstanding preferred shares, including stock issued to the Treasury Department from the Troubled Asset Relief Program.
Shares of UMB Financial (UMBF) hit a 52-week high Tuesday after the Kansas City, Mo., company reported a record $46.4 million profit in the first quarter, a 50% increase from the same period last year.
Bank's service lets corporate treasurers deposit checks by iPhone.
Aided by strong loan growth, Signature Bank (SBNY) in New York reported first-quarter net income of $42.4 million, up more than 22% from a year earlier.
Giving 3,000 computers to nonprofit organizations and schools.
Zions Bancorporation's (ZION) repayment of half of its funds from the Troubled Asset Relief Program tamped down earnings in the first quarter, but its core results still handily beat expectations.
