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This regional banker cheered by sector's resilience, disturbed by potential regulation

Mar 12, 2024
Laurie Stewart of Sound Community Bank is confident a year after three banks failed, but credit risk and cyber threats are on her radar.
The failure of Silicon Valley Bank didn't foreshadow widespread disruptions in the industry, as many feared.
Patrick T. Fallon/AFP via Getty Images

What does it mean for a bank to find “material weaknesses”?

Mar 4, 2024
Regional lender New York Community Bancorp swapped out its CEO last week following the revelation of what it called “material weaknesses in the company’s internal controls.
New York Community Bank acquired nearly $40 billion in assets from Signature Bank last year. That rapid growth can make it hard for internal controls to keep up.
Spencer Platt/Getty Images

A year after Silicon Valley Bank failed, lenders are still feeling pressure on all sides

Feb 23, 2024
Rising interest rates have cranked up the interest banks are paying depositors. But banks also have a lot of cash stuck in low-interest bonds and loans they made before the Federal Reserve started raising interest rates.

For public good, not for profit.

New York Community Bank's woes could signal trouble for other regional banks

Feb 7, 2024
A significant portion of NYCB's $252 million in losses last quarter came from losses on commercial real estate loans--a revenue source for other regional banks as well.
Last year, NYCB acquired Signature Bank after it failed. Almost a year later, the New York-based bank was given a junk credit rating by Moody's.
Spencer Platt/Getty Images

Here's why the U.S. has so many banks

May 5, 2023
Deregulation has allowed lenders to operate across state lines, making it easier for banks to merge when they’re in trouble.