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., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.
By Jacob PassySeptember 29 -
NCUA is soliciting feedback from credit union industry stakeholders as it previews a new version of the agency's public website.
By Jacob PassySeptember 29 -
Fifth Third's mortgage division has launched the Community Reinvestment Mortgage Special, a program designed to cover closing costs for mortgage customers buying or refinancing homes in low-income areas.
By Jacob PassySeptember 28 -
Online food ordering platform Hungryhouse has expanded its payment offerings to include PayPal, Apple Pay and American Express.
By Jacob PassySeptember 28 -
Pinnacle Bancorp in Central City, Neb., has agreed to buy Woodhaven National Bank in Fort Worth, Texas.
By Jacob PassySeptember 25 -
Family First Federal Credit Union has named Thomas Dambra as its president and chief executive, the fifth in the credit unions history.
By Jacob PassySeptember 25 -
Sound Financial Bancorp in Seattle has hired a former Federal Home Loan Bank executive as chief administrative officer of its bank.
By Jacob PassySeptember 24 -
CUES has selected the five finalists in its 2015 Next Top Credit Union Exec Challenge.
By Jacob PassySeptember 24 -
Silicon Valley Bank and MasterCard are accepting applications for the fourth installment of their startup accelerator program Commerce.Innovated.
By Jacob PassySeptember 24 -
River Valley Bancorp could face a challenge from an investor who is upset over some of the Madison, Ind., companys policies and procedures.
By Jacob PassySeptember 24 - North Carolina
In an effort to get a head start on the feeding frenzy, Malvern Federal Savings Bank in Paoli, Pa., will hold job fairs to gobble up employees laid off by BB&T in Pennsylvania.
By Jacob PassySeptember 23 -
Mobile and e-commerce payments provider Loviit has expanded to the United Kingdom, where it hopes to reach merchants with global ambitions.
By Jacob PassySeptember 23 -
Catskill Hudson Bank in Kingston, N.Y., has hired Orville Aarons as its president. Aarons, a former director at Naugatuck Valley Financial, had been working as a consultant to Catskill Hudson since April.
By Jacob PassySeptember 23 -
CommonBond has expanded its student loan refinancing program to more than 2,000 universities at the graduate and undergraduate levels.
By Jacob PassySeptember 22 -
Payment services provider YapStone has hired former eBay executive Bryan Murphy as its president.
By Jacob PassySeptember 21 -
Fidelity Bank, a mutual in Fitchburg, Mass., that's merging with another mutual, has named Christopher McCarthy chief operating officer.
By Jacob PassySeptember 18 -
Boston-based Eastern Bank will participate in a pilot of a new partner program from multi-account card provider Stratos.
By Jacob PassySeptember 18 -
Amazon has accepted NXT-ID's Wocket smart wallet to retail on its Launchpad program.
By Jacob PassySeptember 18 -
Merchants Bank of Bangor in Pennsylvania has tapped its chief operating officer, Tracey Smith, to become chief executive next year.
By Jacob PassySeptember 17 -
Promontory Financial Group has hired former Citigroup and Bank of America executive Eugene McQuade.
By Jacob PassySeptember 17
