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.
-
Ann Marie Mehlum, who has joined a lending platform called SmartBiz Loans after stints as a community banker and an SBA official, says the combination of fintech and old-fashioned banking could bring back small-business loans under $100,000.
By John ReostiMarch 24 -
Community bankers want a two-year span between exams for small banks in good standing. Regulators, however, are reluctant to revert to pre-crisis policies.
By John ReostiMarch 20 -
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.
By John ReostiMarch 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.
By John ReostiMarch 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.
By John ReostiMarch 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.
By John ReostiMarch 8 -
HCSB Financial received a second subpoena from the Troubled Asset Relief Program's special inspector general.
By John ReostiMarch 8 -
The price Customers Bancorp is getting for its BankMobile unit would exceed the initial estimates of $100 million to $150 million.
By John ReostiMarch 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.
By John Reosti and Allison PrangMarch 7 -
Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.
By John ReostiMarch 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.
By John ReostiMarch 1 -
Commerce Union had been focused on expanding around Nashville, Tenn., until a lender based 120 miles away was available to hire.
By John ReostiFebruary 27 -
The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures.
By John ReostiFebruary 24 -
The industry had cause to celebrate when the regulator revamped its MBL and FOM regulations, but several fights are brewing.
By John ReostiFebruary 24 -
At its February meeting, the NCUA Board approved a routine measure to reauthorize an 18% interest rate cap on loans, but suggested that it’s time for Congress to make some changes.
By John ReostiFebruary 23 -
The banking industry's top advocacy groups can't support giving credit unions capital-raising alternatives, but they are trying to understand the NCUA's complex proposal before filing comment letters against it.
By John ReostiFebruary 22 -
A month into the comment period, NCUA has yet to receive a single response to a proposal that could provide credit unions easier access to market capital. The issue is unusually complex, experts say.
By John ReostiFebruary 21 -
Many customers at Neighborhood National Bank in San Diego offer check-cashing services that draw attention for Bank Secrecy Act compliance.
By John ReostiFebruary 17 -
Linda McMahon, who married into one of wrestling’s founding families and helped build the WWE into the largest professional wrestling company in the world, was confirmed Tuesday as the head of the Small Business Administration.
By John ReostiFebruary 14 -
The bank has shifted Chief Operating Officer Finn Caspersen Jr. to chief strategic officer and hired Robert Plante to succeed him as COO.
By John ReostiFebruary 14



















