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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As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.
July 19 -
As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.
July 18 -
The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.
July 18 -
After FASB's decision to give most credit unions and banks extra time to prepare, lobbying groups are pushing for more.
July 18 -
After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more.
July 17 -
The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses.
July 17 -
The San Francisco company said its loan pipeline would be strong the rest of this year.
July 16 -
Breaking from its playbook as a conservative lender, Provident Financial in New Jersey is working with a fintech to offer unsecured loans online.
July 2 -
The digital bank has grand ambitions for its new student loan refinancing platform as it looks to finally turn a profit for its parent company, Customers Bancorp.
June 28 -
The accounting rules group is weighing whether to consolidate and push back deadlines for smaller firms to comply with credit-loss accounting change in light of concerns they will not be ready.
June 27
