1+ day, 5+ hour ago A Virginia bank that waited more than 170 years to make its first acquisition has just announced its second." The combined company would start with $11 billion in assets and $9.1 billion of deposits. Burke & Herbert is projecting cost savings equal to 37.5% of…...

7+ mon, 4+ week ago 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. A…...

8+ mon, 2+ week ago 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. TowneBank…...

10+ mon, 2+ week ago MainStreet Bancshares in Fairfax, Virginia, is pinning its hopes on cannabis as a solution to the revenue woes that have dampened the rollout of its banking-as-a-service subsidiary." After unveiling it in 2021, the $2.2 billion-asset MainStreet touted its Avenu unit as a…...