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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Financial companies from SunTrust to SoFi will be advertising in Sunday's game a rare sight in recent years despite the estimate $5 million price tag.
By Jacob PassyFebruary 4 -
First Resource Bank in Exton, Pa., has received federal regulatory approval to exit the Small Business Lending Fund program.
By Jacob PassyFebruary 4 -
Atlantic Capital Bancshares in Atlanta has formed a lending division to focus on the emerging film and entertainment industry in Georgia.
By Jacob PassyFebruary 3 -
Contactless payment company Zapper is integrating PayPal's One Touch to power faster execution for contactless transactions.
By Jacob PassyFebruary 3 -
SunTrust Banks in Atlanta said Tuesday that it has created a new line of business specializing in the payments and technology industry.
By Jacob PassyFebruary 2 -
Salisbury Bancorp in Lakeville, Conn., has named James Cotter the chief operating officer of Salisbury Bank & Trust.
By Jacob PassyFebruary 2 - New York
Fourth-quarter profit tanked at CIT Group in New York, as the costs to dismiss former OneWest Bank executives, and losses tied to the sale of Brazilian businesses weighed on results.
By Jacob PassyFebruary 2 -
TFS Financial in Cleveland reported higher fourth-quarter profit, citing a $1 million negative loan-loss provision.
By Jacob PassyJanuary 29 - Louisiana
Iberiabank in Lafayette, La., reported higher fourth-quarter profit on loan growth and mortgage revenue and planned an additional round of branch closings.
By Jacob PassyJanuary 28 -
East West Bancorp in Pasadena, Calif., said higher income taxes and lower interest income were partly to blame for a 3.87% drop, to $91.8 million, in its fourth-quarter profit.
By Jacob PassyJanuary 28 -
- Texas
Prosperity Bancshares in Houston reported a 4.23% dip in fourth-quarter profit on lower levels of loan discount accretion.
By Jacob PassyJanuary 27 -
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The $649 million-asset holding company for Malvern Federal Savings Bank promoted Karen Walter to chief operating officer.
By Jacob PassyJanuary 26 -
Credit union service organizations can begin to register with the NCUAs CUSO Registry starting Feb. 1, the agency said Monday.
By Jacob PassyJanuary 26 -
Popular Inc. in San Juan, Puerto Rico, reported a triple-digit increase in fourth-quarter profit on higher fee and interest income.
By Jacob PassyJanuary 26 -
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Bank Mutual in Milwaukee is facing a proxy battle with the activist investor Clover Partners.
By Jacob PassyJanuary 25 -
Sun Bancorp in Mount Laurel, N.J., has agreed to pay $25,000 to resolve issues connected to the companys former Sun Home Loans division.
By Jacob PassyJanuary 25

