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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Attendees at this year's Independent Community Bankers of America convention are being urged to lobby hard to get regulatory relief moved closer to the top of Washington's to-do list.
March 17 -
Scott Heitkamp is encouraged by a more positive tone coming from President Trump. His goal in the next year is to make regulation easier for his fellow bankers.
March 15 -
SBA lending is on a tear. Gulf Coast Bank & Trust is the latest institution to dive into doing this activity nationwide after buying CapitalSpring.
March 13 -
The tiny Flagship Bank has made an unusual bet in agreeing to pay 20 times current capital to buy BankMobile, but the same Durbin amendment that prompted Customers Bancorp to sell the unit also made Flagship the ideal buyer.
March 8 -
HCSB Financial received a second subpoena from the Troubled Asset Relief Program's special inspector general.
March 8 -
The price Customers Bancorp is getting for its BankMobile unit would exceed the initial estimates of $100 million to $150 million.
March 8 -
The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.
March 7 -
Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.
March 6 -
Iberiabank is making the biggest deal in its history in Miami, an area known for boom-bust cycles and a condo market that stung banks during the crisis.
March 1 -
Commerce Union had been focused on expanding around Nashville, Tenn., until a lender based 120 miles away was available to hire.
February 27
