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.
Piedmont Community Bank Holdings Inc. in Raleigh, N.C., wants to up its ownership stake in Crescent Financial Corp. of Cary, N.C., and is giving Crescent shareholders more time to mull its offer.
Fiserv said Monday that more than a dozen financial institutions signed up for its mobile source capture product.
Peoples Bank of Alabama in Cullman, Ala., is launching 30 of NCR's SelfServ automated teller machines that allow customers to deposit checks and cash at the same time through a single slot.
The stocks of 10 community banks will be added to the Nasdaq ABA Community Bank Index next week while the stocks of four others will be removed.
While American banks including Citigroup Inc. are ramping up layoffs, an Accenture report finds that demand for bankers is outpacing supply in the Middle East.
Bank of Virginia in Midlothian, Va., has named a new senior vice president of operations as it launches a $40 million commercial lending effort.
First Security Group Inc. in Chattanooga, Tenn., has named a former executive of the failed Integra Bank Corp. as chief executive of its banking unit, FSGBank N.A.
Center Bancorp Inc. in Union, N.J., said Thursday that it repurchased warrants it issued to the Treasury Department as part of the Troubled Asset Relief Program.
The Federal Reserve Board said Thursday that it had approved Brookline Bancorp Inc.'s acquisition of Bancorp Rhode Island Inc. in Providence, R.I.
The payments industry's lobbying group is touting its findings that some merchant opponents have not lowered prices since the debit card swipe fee caps went into effect.
The Human Rights Campaign Foundation said Thursday that more than 20 banking and financial services companies received a perfect score on its corporate equality index.
Peoples Bancorp of North Carolina Inc. in Newton said that Tony Wolfe, its longtime president and chief executive, will retire late next year.
American Express Co. has seen strong growth in Asia and is continuing to find partners for its global network services unit, which processes credit card transactions for banks, chairman and chief executive Ken Chenault said on Wednesday.
S&T Bancorp Inc. in Indiana, Pa., said Wednesday that it had redeemed its preferred stock that it sold to the Treasury Department as part of the Troubled Asset Relief Program.
Promontory Interfinancial Network LLC said Wednesday that its Insured Cash Sweep service is now integrated with many FIS deposit platforms through the FIS Cash Manager Module.
Equity Bank in Andover, Kan., and University National Bank in Lawrence, Kan., have terminated their deal to merge.
Citigroup Inc. has started job cuts this quarter that will affect nearly 4,500 people, chief executive Vikram Pandit said on Tuesday.
A credit union association has "egg on its face" after scaling back its estimate of membership gains, one banking representative says. Another cautions against too much celebration.
Beneficial Mutual Bancorp Inc. of Philadelphia has agreed to acquire SE Financial Corp.
Under a deal excepted to close in the second quarter, River Valley Bancorp in Madison, Ind., would pay $6.3 million in cash for all the common stock of the $82 million-asset Dupont State Bank.