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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Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup.
By John ReostiMay 22 -
The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.
By John ReostiMay 21 -
Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.
By John ReostiMay 18 -
The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.
By John ReostiMay 16 -
Bigger credit unions present a formidable challenge for banks in areas such as business lending.
By John ReostiMay 16 -
Bank of Hawaii will serve Japanese citizens looking to conduct business in the United States.
By John ReostiMay 15 -
State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike.
By John ReostiMay 14 -
After a long battle with the Justice Department over redlining charges, KleinBank caved as legal costs soared.
By John ReostiMay 9 -
The legislation, which still needs Senate approval, would let the head of the Small Business Administration raise the program's cap in periods of heavy demand.
By John ReostiMay 8 -
The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.
By John ReostiMay 7 -
Preferred Bank's experience with an apartment developer is a reminder of how important strict underwriting terms will be as loan demand increases, rates rise and lenders try to outdo each other.
By John ReostiMay 4 -
Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.
By John ReostiMay 2 -
For one California bank, the biggest challenge was finding equity investors to participate in deals.
By John ReostiApril 30 -
Banks and credit unions have been fighting each other so long that many have forgotten how the feud started and why it may matter to the future of both industries.
By John ReostiApril 24 -
The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off.
By John ReostiApril 24 -
A bombshell letter from a prominent senator and a court ruling criticizing credit unions’ interpretation of “field of membership” have bankers hopeful that Congress may finally be willing to examine the public-policy purpose of the Depression-era tax break.
By John ReostiApril 23 -
As NCUA amended at 2014 regulation on capital planning and stress testing, the two-person committee also marked 24 months of operating with a vacant seat on the board, commending one another for a productive working relationship.
By John ReostiApril 19 -
Spread income offset higher expenses during the first quarter at the Maryland bank.
By John ReostiApril 19 -
An SBA watchdog's investigation into chicken farms may ensnare other small businesses.
By John ReostiApril 18 -
The company benefited from increases in residential and construction lending.
By John ReostiApril 17



















