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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Growth in commercial real estate loans is a big reason the New Jersey bank had a strong quarter.
April 26 -
James Lockhart, former director of the FHFA, is replacing Wilbur Ross, who resigned when he became Commerce secretary, on the New Jersey company's board.
March 29 -
Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation.
March 16 -
The company also seems to be shifting the narrative to operational performance after addressing claims of questionable insider dealings.
By Paul DavisMarch 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 ReostiMarch 7 -
A former executive at Tennessee Commerce Bank executive has been charged with providing false information to one of the bank's regulators.
February 8 -
A number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.
February 3 -
Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 65% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income.
January 19 -
A rising number of banks are looking to become community development financial institutions, emboldened by low-cost capital and an exemption from the ability-to-repay rule.
September 9 -
Emboldened by supportive comments from presidential hopeful Hillary Clinton, community development banks are asking regulators for more leniency in areas such as disclosure fees and Bank Secrecy Act enforcement.
September 2