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.
Great Western Bancorp. Inc. of Watertown, S.D., has agreed to buy North Central Bancshares Inc. in Fort Dodge, Iowa, for $41.5 million.
TCF Financial Corp. will take a $293 million hit in the first quarter after it decided to restructure its balance sheet while it looks to expand its specialty finance operations.
Promontory Interfinancial Network LLC said Monday that its Insured Cash Sweep service is now fully integrated with Data Center Inc.'s iCore360 core banking software.
William S. Haraf, the commissioner of California's Department of Financial Institutions, has resigned from the post, effective Friday.
Already an active lender to franchisees of fast-food restaurants, City National Corp. in Los Angeles is opening a loan office in Seattle as part of its strategy to broaden the scope of its restaurant financing.
Fox Chase Bancorp Inc. in Hatboro, Pa., said the planned sale of a pool of problem consumer loans has fallen through and that, as a result, its total nonperforming assets were higher in the fourth quarter than it initially reported.
First South Bancorp Inc. in Washington, N.C., has tapped the chief financial officer at another North Carolina bank to be its next president and chief executive.
Bancorp Bank of Wilmington, Del., said Monday that it has agreed to issue prepaid card programs for Swift Prepaid Solutions.
Madison National Bancorp Inc. said on Monday that Daniel L. Murphy, the co-chairman and chief executive of the Melville, N.Y., company, has died.
IBMer Anil Cheriyan to succeed Tim Sullivan, who is retiring.
The Office of the Comptroller of the Currency has ended a formal agreement with City National Bank of Florida.
Fifth Third Bancorp of Cincinnati has laid off an unspecified number of employees as part of an ongoing effort to control expenses.
Citigroup Inc. has nominated a healthcare industry veteran and a former American Express Co. executive to be independent directors on its board.
MasterCard Inc. has appointed Steve Grigg president of its Access Prepaid Worldwide unit.
Two California banks have repaid funds they received from the Treasury Department under the Troubled Asset Relief Program.
More Wells Fargo & Co. customers will be charged a monthly fee on checking accounts as the San Francisco company expands a pilot program aimed at generating more revenue from retail banking.
Community Choice Credit Union will use Jack Henry's Biz 2.0 to extend online bill payment services to small-business customers.
The idea of banks peddling "exploding toasters" has taken root thanks to industry nemesis Elizabeth Warren.
Regulators have terminated a consent order with Magyar Bancorp Inc.'s banking unit after the New Brunswick, N.J., company reduced its nonperforming assets and increased its capital levels.
First Commonwealth Financial Corp. in Indiana, Pa., has named T. Michael Price as its president and chief executive.
