John Reosti is a reporter covering community banks in particular and the financial services industry in general. He also focuses on the Small Business Administration, the National Credit Union Administration Board and issues connected to the CECL accounting standard.
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Olson ran a bank founded by his father in his hometown of Fergus Falls, Minn., before a long career in Washington.
September 14 -
Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.
September 12 -
Credit union advocates shattered records with the number of comment letters they sent the regulator when its original risk-based capital proposal was issued, but a revision proposed last month garnered just 37 responses.
September 12 -
Club owners used to be able to get bank loans, but that changed as the de-risking wave reshaped banks' relationships with pot firms, exotic dancers and many others. Whether the taboo can or should last becomes a big question as adult entertainment keeps growing.
September 6 -
Doug Bass had been one of the South Dakota company's regional presidents. He succeeded Ken Karels, who remains chairman and CEO.
August 30 -
Richard Murray IV was named chairman, succeeding John Holcomb III. Murray replaced Holcomb as CEO last year.
August 28 -
Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.
August 27 -
Larger community banks are favoring bigger targets — or relying more on organic growth — to expand.
August 24 -
The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages.
August 21 -
The Michigan company had been operating under the supervisory agreement since 2010.
August 17
