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.
Clairmail is offering a new mobile banking product for mid-tier regional banks, community banks and credit unions.
The Open Data Center Alliance has begun defining IT requirements for cloud computing solutions.
Washington Federal of Seattle is bulking up in Oregon with an agreement to buy South Valley Bancorp of Klamath Falls for up to $72.7 million in cash and stock.
Mercantile Bank (MBWM) of Grand Rapids, Mich., has repurchased about $10.5 million of the preferred stock it issued to the Treasury Department as part of the Troubled Asset Relief Program.
Yodlee has added money movement and risk mitigation capabilities to its personal financial management system.
The prepaid card marketer Green Dot (GDOT) has completed its acquisition of the location-based deals company Loopt.
United Community Financial (UCFC) of Youngstown, Ohio, will once again raise fresh capital to meet the requirements of a regulatory order.
Toronto-Dominion Bank has a secret weapon in its aggressive plans for international growth: sunny television personalities Regis Philbin and Kelly Ripa.
The Federal Reserve Board has terminated a written agreement with First Bancshares that prevented the Cold Spring, Minn., company from paying dividends without approval.
Citigroup has named Michael Helfer, who has served as its general counsel and corporate secretary for nine years, as vice chairman. Rohan Weerasinghe, a senior partner at the law firm Shearman & Sterling, will succeed Helfer.
Georgia bank has poached Susan Koski from BNY Mellon.
ProfitStars division to provide out-of-band authentication for ACH credit and wire transfers.
Hudson Valley Holding Corp. (HVB) has completed the sale of $474 million in loans after it was required to reduce its concentrations in commercial real estate and classified loans.
Independent Bank Corp. (INDB) in Rockland, Mass,, has named Donna L. Abelli chairman of the company and its commercial banking unit, Rockland Trust Co.
Regulators have entered into a consent order with the banking subsidiary of Community Bank of South Florida that requires the Homestead, Fla., bank to raise capital ratios.
Naugatuck Valley Financial (NVSL) will record a deposit-related charge during the first quarter due to not paying enough interest on some certificates of deposit renewals.
Porter Bancorp's loss for last year widened after the Louisville, Ky., company increased its loan-loss provision by $8.8 million.
Toronto-Dominion Bank (TD) may be based in Canada, but its U.S. operations have become increasingly important to the future of the company — and of its employees.
Toronto-Dominion plans in the coming years to find Ed Clark's successor from within. Colleen Johnston, its chief financial officer, seems to have a strong shot but downplayed speculation in an interview.
New data shows that originations continue to grow in several categories — especially to subprime credit card customers.
