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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A number of banks are upgrading technology and hiring more lenders to better reach small-business owners, who are becoming more confident in their outlooks.
June 27 -
A new rule from the NCUA is designed to curry more favor with judges by establishing a detailed application process for expansion-minded credit unions. Banks complain it would be too permissive.
June 21 -
First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public.
June 20 -
The National Credit Union Administration is set to vote on revisions to its field-of-membership rule, even as it's entangled in a legal dispute with the American Bankers Association over the rule.
June 19 -
Rodney Hood served on the NCUA board from 2005 to 2009, and his nomination to return to the board was greeted warmly across the industry.
June 18 -
Legislation with bipartisan support would raise the threshold for reporting suspicious activity, a goal banks have long sought.
June 12 -
Live Oak is the latest bank to jump into this niche lending area. But some warn they are beginning to see cracks in credit quality.
June 7 -
The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.
June 6 -
The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.
June 6 -
Bankers hope to claw back even more of the agency's rule rather than merely defend their partial victory in the judge's original split decision.
June 5
