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.
-
Mortgage lending was "challenging" in the fourth quarter, but the Troy, Mich., company showed strong growth in commercial loans
January 24 -
Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC.
January 24 -
The Oklahoma company did not disclose how many shares it could sell or how much it could raise.
January 24 -
The once high-flying company could also face higher legal costs tied to an SEC probe into recent disclosures.
January 23 -
The company also admitted that certain details in an October press release were inaccurate.
January 23 -
Initial regulatory steps toward giving credit unions access to alternative sources of capital could add to bankers' concerns that their tax-advantaged rivals are expanding beyond their mission.
January 19 -
Bankers are sure to pounce on the chairman’s statement that this could 'change what it means to be a credit union.'
January 19 -
The Justice Department claims the bank, which has received “satisfactory” ratings in its last four CRA exams, is failing to serve minority neighborhoods around Minneapolis.
January 18 -
The company has been producing solid loan growth in recent quarters.�@9@e
January 18 -
Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality.
January 18
