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.
American Express Co. has hired Linda Zukauckas to be an executive vice president and corporate comptroller. Zukauckas joins American Express from Ally Financial, where she was the managing director of corporate strategy.
Citigroup has named Manuel Medina-Mora head of global consumer and commercial banking, and also moved around several other top executives.
Kentucky First Federal Bancorp in Hazard, Ky., has is acquiring CKF Bancorp Inc. in Danville, Ky., in a deal that would expand its branch network into two new markets in its home state.
Community West Bancshares in Goleta, Calif., has named Martin E. Plourd as president and chief executive of its bank subsidiary, Community West Bank.
The company said Wednesday that it had appointed two regional presidents for its U.S. commercial banking group.
Community West Bancshares in Goleta, Calif., has named Martin E. Plourd as president and chief executive of its bank subsidiary, Community West Bank.
Joseph E. Hasten, a former vice chairman at U.S. Bancorp, died Tuesday after a brief illness. He was 59.
Ocean Store Holding Co. in Ocean City, N.J., reported late Wednesday that its third-quarter earnings fell 16% from a year earlier, to $1.2 million, due to expenses tied to an acquisition.
BB&T Corp. in Winston Salem, N.C., said Thursday that it had inked its third insurance deal in as many months with the acquisition of California employee-benefits consulting firm, Precept Group.
Community Bancorp LLC in Houston said Wednesday that it will change its name to Cadence Bancorp LLC next week.
Jack Henry & Associates said its first-quarter net income for its fiscal year 2012 rose 15% to $36.5 million from a year earlier, lifted by growth in support and service revenue.
Fiserv said Tuesday its third-quarter revenue rose 3% to $1.06 billion from a year earlier due to revenue growth in its payments segment. Its net income fell 5% to $127 million from a year earlier.
With its future in doubt, the company hires investment banks to help it explore its options.
Royal Bancshares of Pennsylvania Inc. reported a third-quarter loss of $1.9 million and an impairment charge overshadowed improved credit trends.
Only 3% of consumers would continue using their current debit card if a fee were imposed, according to the results of an online poll released Tuesday by the National Foundation for Credit Counseling.
FNB United Corp. in Asheboro, N.C., said it completed a one-for-100 reverse stock split.
Wells Fargo is consolidating some of its wealth-management operations into a new unit, in an effort to get its hands on more of its clients' money.
German American Bancorp Inc. in Jasper, Ind., reported Tuesday third-quarter earnings of $5.2 million, up about 44% from a year ago, due to increased noninterest income and reduced operating expenses.
The Nasdaq Stock Market will suspend the trading of Provident Community Bancshares Inc.'s common shares at the open of business on Thursday due to the company's failure to comply with certain listing rules.
Sabal Financial Group L.P. in Newport Beach, Calif., has purchased $142.2 million of loans from Bank of the Cascades in Bend, Ore.
