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 strong economy, low-cost deposits and disruption from M&A are presenting opportunities.
By John ReostiOctober 8 -
The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.
By John ReostiOctober 8 -
Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.
By John ReostiOctober 2 -
The agency’s Small Business Investment Company program is slumping, and Congress is pressuring its top executive, Joseph Shepard, to get it back on track or step aside.
By John ReostiOctober 2 -
Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.
By John ReostiSeptember 27 -
Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.
By John ReostiSeptember 26 -
The Florida banks had spent years addressing credit quality and capital issues.
By John ReostiSeptember 23 -
Karen Larrimer, who oversees retail banking for PNC Financial, is encouraging women who frequently get caught up in trying to do it all to think harder about prioritizing.
By John ReostiSeptember 22 - Edit License
Di Gangi has already seen tremendous success in running small and medium business lending, but this year she stretched even further. Among other things, she spearheaded the launch of WE Source, an online tool that helps women entrepreneurs with insights into funding, networking, strategy and other business essentials.
By John ReostiSeptember 22 - Edit License
When Sharon Miller was tapped to lead small business banking at Bank of America, she says it was her dream job. "In my three years in this role, I feel I've helped elevate our small business capabilities beyond what I envisioned," she said.
By John ReostiSeptember 22