Capital

Billie Jean King invests in Chicago de novo effort

03/24/21

The tennis legend will also serve as a strategic adviser on gender equality issues and First Women's Bank, which will be mostly owned and run by women.

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Mutuals say latest stimulus effort highlights need for capital reform

03/22/21

The depositor-owned banks are discouraged from participating in the Emergency Capital Investment Program because they can't issue preferred stock to back loans for underserved communities. It's another reason to overhaul their capital rules, mutuals argue.

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RockPoint Bank cleared to open in Tennessee

03/19/21

The de novo, which raised $33 million in initial capital, will become the state's third new bank since the 2008 financial crisis.

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Florida banking veteran planning de novo

03/18/21

Keith Costello, who is looking to form Locality Bank, was president and CEO of First Green Bank when it was sold in 2018.

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