Jaclyn Stewart
Credit Union Journal
Washington, DC, United States
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Past articles by Jaclyn:
Net income down at Hawaii State FCU as membership, loans rise
The Honolulu-based credit union saw a nearly 7% increase in new members, thanks in part to an expanded branch presence in West Oahu. → Read More
Gro Solutions touts new credit union clients
The Atlanta-based technology provider has added five new CUs this year as it expands its suite of product offerings. → Read More
Credit Union Journal announces leadership changes
The names on the masthead have changed. The commitment to quality journalism has not. → Read More
How does a community bank grow into a regional power? Hire like one
Union Bankshares in Virginia has been adding executives from much larger competitors as it looks to compete more effectively with bigger banks → Read More
A bank deal that gives the buyer room to shrink
First Busey is buying a bank with a large securities portfolio, whose size would be easier to adjust than traditional bank assets as it seeks to stay below the $10 billion mark. → Read More
Union Bankshares in Va. hires industry veteran as bank president
Maria Tedesco's duties will include oversight of commercial, business and consumer banking at Union Bank & Trust. → Read More
First Horizon to book big 3Q gain from selling Visa stock
The Tennessee regional said the sale should boost quarterly profit by $160 million. → Read More
PacWest to enter northern Calif. with El Dorado Savings purchase
The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition. → Read More
First BanCorp adds regulatory experience with director appointment
The Puerto Rican company added Daniel Frye, a former FDIC adviser, to its board. → Read More
Taking social consciousness into account with bank M&A
Seacoast readily agreed to buy First Green Bank. The next step is determining which of the seller's programs, including car-charging stations and discounted rates for green projects, to keep. → Read More
Why bank M&A has been so quiet in the Northeast
Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis. → Read More
Why regional bank CEOs are lukewarm on more M&A
While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines. → Read More
Fee income, cost control boost KeyCorp's quarterly profit
The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter. → Read More
Increased construction lending boosts PacWest earnings
The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp. → Read More
It's getting more expensive to buy a California bank
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere. → Read More
Streak of zero bank failures can only last so long
Economic cycles do turn, eventually. And it is inevitable that the industry will fall victim to a new approach to banking that will fall flat in a downturn. → Read More
For this bank buyer, the country's where the action is
While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets. → Read More
Insolvent insurer causes headache for Va. bank's student lending
Virginia National will set aside up to $950,000 to cover losses after ReliaMax, a firm that issues surety bonds for student loans, was placed into liquidation. → Read More
Why did bank M&A cool off in Pennsylvania?
While there are many reasons consolidation has slowed in the Keystone State over recent years, there are factors in play that could lead to a resurgence in activity. → Read More
Bulking up: 2018's biggest bank deals so far
Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit. → Read More