Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry. Passy has been with SourceMedia since 2015 and previously served as a breaking news reporter for American Banker. His work has appeared in numerous publications including CNBC, NBC News and the Wall Street Journal's Speakeasy blog. He is a graduate of the CUNY Graduate School of Journalism and Tufts University.
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Google plans to end support for the physical Google Wallet Card, according to information included in the code of its latest Google Wallet app update.
By Jacob PassyMarch 29 -
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Bay Banks of Virginia in Kilmarnock has increased the size of its fourth-quarter loss, after a commercial borrower pleaded guilty to creating false financial statements.
By Jacob PassyMarch 28 -
Troubled Clarkston Brandon Community CU, Clarkston, Mich., has been merged with Michigan State University Federal Credit Union, East Lansing, Mich.
By Jacob PassyMarch 28 -
Railroad & Industrial Federal Credit Union in Tampa said it has exceeded $300 million in assets. The credit union previously crossed the $150 million-asset mark in 2005.
By Jacob PassyMarch 28 -
Mid Penn Bancorp in Millersburg, Pa., has hired Michael Peduzzi as chief financial officer.
By Jacob PassyMarch 28 -
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Sterling Bancorp in Montebello, N.Y., plans to raise $105 million in a debt sale to fuel potential acquisitions of commercial lenders.
By Jacob PassyMarch 24 -
Jefferson Security Bank in Shepherdstown, W.Va., has promoted Cynthia Kitner from chief financial officer to chief executive.
By Jacob PassyMarch 24 -
Cash may still be king when it comes to small purchases, but debit cards are threatening to end its reign, according to survey results announced Wednesday by CreditCards.com.
By Jacob PassyMarch 24