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.
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.
BancorpSouth (BXS) of Tupelo, Miss., has agreed to pay customers $1.75 million to settle a class-action lawsuit related to its overdraft fees.
StellarOne (STEL) in Charlottesville, Va., has started searching for a new president and chief executive after O.R. Barham Jr. notified its board that he would retire at the end of 2013.
Sandy Spring Bancorp to outsource receivables this spring.
Sound Financial in Seattle turned a smaller profit in 2011 than it first reported after its auditors advised it to set aside additional funds for potential loan losses.
Citigroup (C) has added to William Howle's responsibilities by naming him head of commercial banking for the U.S.
South Korean security company AhnLab finds almost half the online banking trojan's domains are in the U.S.
MasterCard will offer a new tool to help merchants mitigate the risk of fraud in online transactions.
Mackinac Financial (MFNC) in Manistique, Mich., will raise up to $18 million through a common stock rights offering and a securities purchase agreement with an investor.
Green Bancorp in Houston is bulking up in the Dallas area with a deal to buy Opportunity Bancshares in Richardson, Texas.
The Federal Reserve Bank of Dallas has named longtime staffer E. Ann Worthy as its new head of banking supervision.
