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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Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around.
February 6 -
Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.
February 1 -
Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis
January 31 -
The California bank has hired an outside firm to review its loans and will de-emphasize health care lending.
January 30 -
Loans, deposits and revenue all rose solidly compared to a year earlier.
January 30 -
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.
January 29 -
Beyond reasserting Republican control over the agency for the first time since 2009, President Trump's appointment of Mark McWatters as acting NCUA chair is expected to have little immediate impact.
January 26 -
Huntington Bancshares says it is especially well positioned to benefit from a commercial lending boom that could accompany a revival of U.S. heavy industry, but other lenders also say they are upbeat.
January 25 -
Acquisition pushes quarterly revenues past $1 billion for first time ever.
January 25 -
The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.
January 24
