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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Dime Community Bancshares in Brooklyn, N.Y., said that Kenneth Mahon will succeed Michael Devine as its president on Jan. 1.
By Jacob PassyOctober 21 -
European mobile point of sale company SumUp has brought its technology across the pond.
By Jacob PassyOctober 21 -
UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.
By Jacob PassyOctober 21 -
Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive. Defend, who will also serve as president, will step into his new role at the beginning of next year.
By Jacob PassyOctober 20 -
Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."
By Jacob PassyOctober 20 -
UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.
By Jacob PassyOctober 20 -
Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.
By Jacob PassyOctober 19 - PSO content
Citi is expanding its Payment Exchange service into Canada, following up on what it called a successful U.S. launch in 2012.
By Jacob PassyOctober 19 -
WEX has agreed to acquire fleet card provider Electronic Funds Source in a stock-and-cash deal.
By Jacob PassyOctober 19 -
Communities First Financial in Fresno, Calif., has a new chief executive.
By Jacob PassyOctober 16