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.
U.S. Bancorp plans to lay off 35 employees in its downtown Milwaukee office, citing "consolidation and automation."
Calvin B. Taylor Bankshares Inc. in Berlin, Md., disclosed that its board has reinstated a stock repurchase program that had been dormant for nearly two years.
First Bancshares Inc. in Hattiesburg, Miss., said Monday that it had expanded along the Gulf Coast after buying eight branches that had belonged to Whitney National Bank.
WSFS Financial Corp. in Wilmington, Del., has hired Paul D. Geraghty as its chief wealth officer.
Atlantic Coast Financial Corp. in Jacksonville, Fla., said in a regulatory filing last week that Robert J. Larison Jr. is retiring as its chief operating officer.
BBVA Compass plans to take a small first step into South Florida this spring, by opening a branch in Miami.
Happy Bancshares Inc. in Canyon, Texas, has agreed to acquire Signature Bancshares Inc. in Dallas.
S1 confirmed Friday that its planned merger with Fundtech has been terminated. But S1's board still does not want the company to be bought by ACI Worldwide, which has made repeated hostile bids for S1 in recent weeks.
Fiserv will begin personalizing chip payment cards based on the EMV standard. These cards feature a micro-processing chip that stores cardholder data more securely than magnetic stripes do.
Wells Fargo Insurance Services said Friday that it had acquired an employee benefits brokerage and consulting firm in Hazlet, N.J., Procomp Benefit Resources.
Wintrust Financial Corp. won the bidding for the failed First Chicago Bank & Trust but it is still fighting for the right to use the First Chicago name.
Offering Fiserv's software to read and enter check data so credit union tellers don't have to.
In the midst of massive bank layoffs, one bank is looking to hire, with help from an iPhone app.
TD Retail Card Services will issue and administer a new private-label credit card for Elkhart, Ind.-based Forest River Inc., a manufacturer of recreational vehicles and cargo trailers.
In contrast to a recent move by Bank of New York Mellon Corp., Northern Trust Corp. will not charge its institutional clients a fee for increasing their balances on deposit accounts.
Letting commercial customers bank and approve wire transfers on the go.
Michael Viazzoli, a former Bank of America Corp. executive, has been named president of Bank of Kansas City.
The online payment provider eLayaway said on Monday that it would join the Secure Vault Payments network and offer the service to its customers in the fourth quarter.
In its second-to-last quarter as an independent company, Parkvale Financial Corp. in Monroeville, Pa., reported a a profit of $1.7 for the quarter that ended June 30, compared to a loss of $21.2 million in the same period last year.
Continuing its aggressive expansion in Southern California, upstart Grandpoint Capital Inc. in Los Angeles is planning to buy Regents Bancshares Inc. in La Jolla.
