Washington DC

Accountants cite banker burnout in calling for delay of new standard

05/16/19

The American Institute of Certified Public Accountants says banks are fighting accounting fatigue — thank CECL for that — and wants the FASB to push back a deadline for privately held firms to put operating leases on their balance sheets.

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Will fee fight cause another SBA shutdown?

05/07/19

Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.

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Is credit union regulator's field-of-membership appeal already in trouble?

04/15/19

Last-minute arguments from the American Bankers Association have put the National Credit Union Administration on the back foot in advance of an appeal hearing more than a year in the works.

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SBA's rationale for raising fees: More loans will go bad

04/03/19

Lenders argue that the move is premature, citing record-low charge-offs in the agency's 7(a) program.

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Ronald Paul retires as Eagle Bancorp CEO, citing health issue

03/21/19

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

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SBA renews push to raise caps for Express program

02/26/19

The agency wants to increase the maximum SBA Express loan to $1 million from $350,000 to pump up volume.

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What community banks like so much about Northern Va.

02/21/19

Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.

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Upset SBA borrowers take their beef to Capitol Hill

02/11/19

If the government insists on forcing another shutdown, business owners are intent on letting Congress know how much the last one hurt.

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S Corp banks finally get clarity on tax reform

02/05/19

Shareholders in Subchapter S corporations will get some tax relief of their own under a new Treasury Department rule that will let them take a 20% deduction on qualified business income, which includes loan originations and sales.

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Industry group urges reopening of SBA, citing impact of shutdown

01/22/19

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.

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