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.
Equifax has acquired Datum, a Costa Rican credit reporting company.
Just days after announcing plans to raise $10 million in a preferred stock offering, BofI Holding Inc. in San Diego now says it intends to raise $18 million.
App lets students deposit checks using their iPhone, iPad or dorm room scanner.
The FDIC has terminated its consent order against Clarkston State Bank in Michigan after the bank recapitalized with investments from private citizens and current board members and made improvements in managing its loan portfolio.
Renasant Corp. in Tupelo, Miss., has completed its acquisition of RBC Bank's Birmingham, Ala.-based trust department.
BofI Holding Inc. in San Diego is planning to raise $10 million in a stock sale and intends to use the proceeds to support growth and to boost regulatory capital at its bank subsidiary, Bank of Internet USA.
Discover Financial Services has agreed to purchase $2.5 billion of private student loans from Citigroup Inc., as the lender continues diversifying beyond its main credit card business.
Computer Services Inc. said Thursday that it completed its acquisition of Heit. It did not disclose the price of the deal, which it announced Aug. 10.
Despite claims that free banking is in danger due to new regulatory measures, a new survey released Thursday by a banking industry trade group revealed that more than 70% of customers avoid paying any fees.
Weighed down by problem loans, Anchor Bancorp in Lacey, Wash., reported a loss of $4.7 million in the quarter that ended June 30, more than quadrupling its loss from the same period a year earlier.
A Wells Fargo & Co. executive has defected to help steer a wealth management unit of U.S. Bancorp aimed at rich clients.
Bank of America has announced several personnel change as part of an organizational shake-up of its global risk management team.
Steven Goldman, a former banking commissioner of New Jersey, has been appointed to the board of North Jersey Community Bancorp in Englewood Cliffs, N.J.
Luke Longhofer, a loan review officer at First Financial Bankshares Inc. of Abilene, Texas, recently won a $2,500 scholarship from the Southwestern Graduate School of Banking.
Bank of New York Mellon Corp. said late Wednesday that Robert P. Kelly had resigned as chairman and chief executive due to differences with the board "in approach to managing the company."
Northrim BanCorp said Tuesday that the president of Northrim Bank has also become chief executive of the Anchorage, Alaska bank.
Payment processor is harnessing technology from Trusteer to help prevent Trojans and other forms of online fraud.
Fifty community banks across the country received $767 million in the latest round of funding from the Small Business Lending Fund, the Treasury Department said Wednesday.
Sun Bancorp Inc. in Vineland, N.J., announced Tuesday that it has filed a shelf registration statement with the Securities and Exchange Commission seeking approval to raise up to $150 million that it could use to fund future growth.
The Federal Reserve Bank of Chicago has ordered CB Holding Corp. in Aledo, Ill., to serve as a source of strength for its struggling bank unit, Country Bank.
