Washington DC

Ronald Paul retires as Eagle Bancorp CEO, citing health issue


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


SBA renews push to raise caps for Express program


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


What community banks like so much about Northern Va.


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


Upset SBA borrowers take their beef to Capitol Hill


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


S Corp banks finally get clarity on tax reform


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.


Industry group urges reopening of SBA, citing impact of shutdown


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


Bad for business? Weighing shutdown’s impact on commercial loans


Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.


Agriculture Department reopens briefly to assist farmers hurt by shutdown


Farm Services Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.


Washington de novo receives conditional FDIC approval


Though it wil be based in the nation's capital, MOXY Bank will also have significant operations in Charlotte, N.C.


Shutdown has farmers and their lenders sweating


The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.