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John Reosti

Reporter · US

Indexed articles, last 90 days
42
Latest publication
Sep 30, 2026
Outlet visibility, for Financial Planning
Top 5M sites
Earliest in this view
Jul 6, 2026

Latest articles

  1. Article · Sep 30, 2026 · John Reosti

    Ohio bank makes deal to blow past $10 billion-asset mark (opens the original)

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    When Marietta, Ohio-based Peoples Bancorp announced plans to acquire a Kentucky community bank in April, it had to address the question of how it would navigate the $10 billion-asset threshold. Peoples provided its answer Wednesday, announcing the $728 million purchase of Rockville, Maryland-based Capital Bancorp. Acquiring the $3.9 billion-asset Capital will create a pro forma bank with $14.3 billion of assets, pushing Peoples comfortably past the $10 billion milestone. "This transaction allows

  2. Article · Sep 29, 2026 · John Reosti

    U.S. Bank launches full-court press to attract manufacturers (opens the original)

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    U.S. Bank has a plan that it says will lead to more manufacturing clients, result in those companies getting larger working-capital lines and spark an uptick in Small Business Administration lending. The superregional bank has always served manufacturers, but its new plan reflects a more holistic approach to the sector, according to Dee O'Dell, its head of business banking sales. At its heart, the U.S. Bank initiative is built around specialized training provided to more than 600 business banker

  3. Article · Sep 28, 2026 · John Reosti

    Valley will gain low-cost deposits from deal for Bluevine (opens the original)

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    Valley National Bancorp is acquiring Bluevine, the small-business banking platform, in a $340 million deal that the New York-based bank's executives are describing as a deposit play. "As we've talked about historically, loan growth is not a problem for Valley. It's funding that loan growth," Valley Chief Financial Officer Travis Lan said Monday on a conference call with analysts. Bluevine currently controls about $2.1 billion of deposits, and that total is expected to grow to $5 billion by the e

  4. Article · Sep 24, 2026 · John Reosti

    SBA faces blowback over plan to redefine small business (opens the original)

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    Businesses, lawmakers and trade groups have plenty to say about the Small Business Administration's plan to make larger-sized businesses eligible for its lending programs. The agency has received more than 3,000 written submissions, and with thousands of additional parties seeking a chance to weigh in, it has moved to extend its comment period, which had closed Monday, by 60 days. The rule change would consolidate approximately 1,000 existing industry-specific classifications into 338 broader st

  5. Article · Sep 18, 2026 · John Reosti

    Credit unions bulk up a business that banks long dominated (opens the original)

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    A recently closed $50 million deal financing a 29-story office tower in Philadelphia's Center City district ranks as the largest business loan in Citadel Credit Union's 88-year history. It's also a sign of credit unions' growing involvement in commercial real estate, a sector banks have long dominated. For Citadel, based in Exton, Pennsylvania, a Philadelphia suburb, the office loan is a predictable outgrowth of its increased commercial focus. The $6.9 billion-asset credit union has been buildin

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