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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Randy Conte, the $15.6 billion-asset bank's chief operating officer, will become chief financial officer on April 30 and remain operating chief.
By Jacob PassyMarch 4 -
Tri-State Bank of Memphis in Tennessee has hired Christine Munson, formerly of First Tennessee Bank, as its chief executive.
By Jacob PassyMarch 4 -
A large investor in the prepaid card pioneer Green Dot plans to nominate three directors to the prepaid card company's board, as the activist investor group seeks to remove founder and Chief Executive Steve Streit.
By Jacob PassyMarch 4 -
A large investor in the prepaid card pioneer Green Dot plans to nominate three directors to the prepaid card company's board, as the activist investor group seeks to remove founder and Chief Executive Steve Streit.
By Jacob PassyMarch 3 -
Citizens Financial Group in Providence, R.I., plans to repurchase $125 million in subordinated notes to improve its efficiency and capital structure.
By Jacob PassyMarch 2 -
Planet Payment and Visa have formed an agreement to deliver a payment processing platform to acquirers and merchants worldwide.
By Jacob PassyMarch 2 -
JPMorgan Chase will renew its commitment to support the Institute for Veterans and Military Families, an interdisciplinary national institute focused on the issues affecting military members after they leave the service that the bank co-founded with Syracuse University.
By Jacob PassyFebruary 29 -
Western Union has promoted Jacqueline Molnar to chief compliance officer.
By Jacob PassyFebruary 29 -
Poage Bankshares in Ashland, Ky., has promoted Thomas Burnette to chairman of the boards of the company and its Town Square Bank subsidiary.
By Jacob PassyFebruary 29 -
The former chief executive of a Georgia community bank that participated in the Troubled Asset Relief Program was sentenced to prison and fined $3.9 million for hiding the bank's past-due loans and committing other fraud.
By Jacob PassyFebruary 26 -
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China UnionPay and Visa signed a memorandum of understanding Thursday to jumpstart collaboration between the two companies.
By Jacob PassyFebruary 25 -
The Independent Community Bankers of Minnesota said Jim Amundson will be its next president and chief executive.
By Jacob PassyFebruary 25 -
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U.S. Bancorp announced executive moves at two of its payments units: Jamie Walker was named chief administrative officer for U.S. Bank Payment Services, and Bradley Herring was hired from Fiserv to succeed Walker as CFO of Elavon, U.S. Bancorp's merchant acquiring arm.
By Jacob PassyFebruary 24 -
Carolina Alliance Bank in Spartanburg, S.C., has exited the Small Business Lending Fund program.
By Jacob PassyFebruary 24 -
The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.
By Jacob PassyFebruary 16 -
ACI Worldwide has begun to lend a hand in The Clearing Houses effort to create a real-time payments system in the United States.
By Jacob PassyFebruary 16 -
Enterprise Car Sales helped rev up auto lending among its credit union partners, generating roughly $500 million in auto loans during 2015.
By Jacob PassyFebruary 15 -
Flagstar Bancorp in Troy, Mich., has launched a national homebuilder lending platform.
By Jacob PassyFebruary 12
