Allison Prang is a reporter for American Banker, where she writes about community banks. Before joining the Banker in 2016, she was a business reporter for The Post and Courier, a daily paper in Charleston, South Carolina. Her work has also appeared in The Wall Street Journal, Bloomberg News, The Kansas City Star and The Indianapolis Star, among other publications. She graduated from the University of Missouri's journalism school.
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While disappointed with the CFPB's actions in recent years, bankers said they want to see a campaign platform before making a decision on the agency's director.
October 5 -
The Seattle company, which has cut about 130 positions in the business in recent months, pointed to lower originations tied to a shortage of new and resale housing.
October 2 -
Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.
September 14 -
It is the largest equity investment that Clearinghouse CDFI has received in its two-decade history.
August 22 -
Doug Bowers said the company has moved beyond past issues, including corporate governance shortcomings and the abrupt departure of his predecessor, and is ready to bring in more loans and core deposits.
August 1 -
Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks.
July 27 -
The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.
July 25 -
The FDIC is watching banks that use wholesale funds to support CRE lending. The warning comes as brokered deposit levels at community banks are at their highest level in nearly six years.
July 18 -
The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016.
By Paul DavisMay 12 -
Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank.
May 11