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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Centrue Financial in Ottawa, Ill., has named a new chairman, after its longtime chairman resigned for health reasons.
By Jacob PassyNovember 13 -
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MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.
By Jacob PassyNovember 12 -
MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.
By Jacob PassyNovember 12 -
East West Bancorp has been placed under an enforcement action for anti-money-laundering compliance weaknesses, as it continues a plan to spend an estimated total of $12 million on program upgrades.
By Jacob PassyNovember 12 -
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Stonebridge Financial in West Chester, Pa., plans to sell its bank through bankruptcy proceedings.
By Jacob PassyNovember 11 -
Mid Penn Bancorp in Millersburg, Pa., plans to exit the Small Business Lending Fund program and redeem a separate pool of preferred stock through an upcoming debt sale.
By Jacob PassyNovember 11 -
Western Union has named Elizabeth Chambers as the companys chief strategy and product officer.
By Jacob PassyNovember 11 -
Central Bank of Kansas City in Missouri has agreed to issue prepaid cards for Cachet Financial Solutions in Minneapolis.
By Jacob PassyNovember 11