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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If the government insists on forcing another shutdown, business owners are intent on letting Congress know how much the last one hurt.
By John ReostiFebruary 11 -
Regional and community banks are eager to buy branches and hire top performers from the merging companies.
By Hilary BurnsFebruary 8 -
Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.
By John ReostiFebruary 4 -
Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again.
By John ReostiFebruary 1 -
Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process.
By John ReostiJanuary 28 -
At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.
By John ReostiJanuary 25 -
With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says.
By John ReostiJanuary 24 -
The New York company will add $504 million of asset-based and equipment finance loans as part of the acquisition.
By John ReostiJanuary 23 -
Industry groups and lawmakers have joined bankers in insisting the agency develop a plan to resolve the paperwork problem before the partial government shutdown ends.
By John ReostiJanuary 23 -
The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.
By John ReostiJanuary 22