Community bankers in Washington State breathed a sigh of relief when John L. Bley was named the state's new banking and thrift regulator.

They were worried they would end up with a bureaucrat. But Mr. Bley is one of them -- a banker -- and they like most of his ideas.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.