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.
Bank of Hawaii Corp. in Honolulu will close three traditional branches and open three others located within supermarkets this year.
Union First Market Bankshares Corp. in Richmond, Va., has agreed to repurchase more than 335,000 shares of its common stock that a director used to secure a loan.
F&M Bank, of Iowa, would get 2 branches in Galeburg, Ill., with $66 million of deposits.
State Bank Financial Corp.'s shares slid Monday after the Atlanta company reported a lower-than-expected fourth-quarter profit.
Experian now offers a collections filtering product called FirstSweep.
BBVA Compass has launched a redesigned website, one of several technology upgrades planned for this year.
Comedian and actor George Lopez this week became the latest celebrity to embrace the prepaid card business, through an endorsement deal with Mango Financial Inc.
Driven by strong growth in both interest and fee income, Territorial Bancorp Inc. in Honolulu reported a 6% increase in its fourth-quarter earnings, to $3.4 million.
Buoyed by higher revenue from processing and services, Fiserv reported fourth-quarter net income of $143 million.
Want to jump to another bank that will pay you more? It's easier than you think for employers to prevent that, a business professor explains.
Provident Financial Holdings Inc. in Riverside, Calif., has hired 40 people from MetLife Inc. to run three new retail mortgage loan production offices in Northern California.
Bank of New York Mellon Corp. has named one of its longtime executives to head up its trust company.
Huntington Bancshares Inc. has agreed to become Ohio State University's official consumer bank.
Ohio bank making free download of malware protection software available to commercial and retail customers.
The Minneapolis bank has agreed to buy a trust business from Union Bank. That is its third deal in less than a week.
Shares of BOK Financial Corp. Inc. slid Wednesday after the Tulsa, Okla., company reported fourth-quarter earnings that fell well short of analysts' estimates.
Jack Henry reported that its fiscal second-quarter net income rose 7%, to $38.5 million, from a year earlier because of increased revenue from support and services.
Suffolk Bancorp in Riverhead, N.Y., ended 2011 with lower profit for the fourth quarter and a loss for the year.
Sterling Bancorp's fourth-quarter profit rose 51% from a year earlier, to 5.3 million, as loan volume and net interest income improved.
GE Capital has agreed to run the toy retailer's consumer credit card program and buy $900 million of its card assets from JPMorgan Chase & Co. Expect more deals like it this year.