News Topic: Capital

Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016. ... Read full article

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010. ... Read full article

The bank said the move will give it more flexibility for raising capital. ... Read full article

Highlands Banking would be based in a community near the state's borders with Georgia and South Carolina. ... Read full article

Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved. ... Read full article

Organizers of Scottsdale Community Bank must raise $16 million. The goal is to hit that goal and open by early 2021. ... Read full article

The proposed Multi-Bank shares an address with the Fort Lauderdale, Fla., office of Multi-Bank Securities. ... Read full article

The proposed best practices would be modeled after federal servicing standards and be used to supervise nonbanks firms subject to state regimes. ... Read full article

The central bank issued a proposal aligning recent stress testing changes with supervisory standards that are tailored to an institution's size and complexity. ... Read full article

Investors in two subordinated bonds from Lehman Brothers received word that a payment is coming, just two weeks after the 12th anniversary of one of the world’s most spectacular banking collapses. ... Read full article

New Enterprise Bank, which would focus on serving "innovative firms," plans to open next year. ... Read full article

The agency has scheduled an extra assessment of institutions' strength to incorporate more recent economic data during the pandemic. ... Read full article

Bartow Morgan Jr., who ran Brand Banking when it was sold to Renasant, also plans to raise $150 million to expand the seller's products and services. ... Read full article

Several community banks that put buybacks on hold during the pandemic’s earliest days have recently authorized new plans, signaling an easing in regulatory pressure and greater comfort with capital levels. ... Read full article

Observers say the rare denial is rooted in skepticism that a new bank can succeed under current economic conditions and a signal to other proposed banks to hit the pause button. ... Read full article

Dana Wade, a former OMB official, says a strong capital footing will help the Federal Housing Administration weather an uptick in delinquencies and ensure the mortgage market is viable once the economy recovers. ... Read full article

ViZ Bank would eventually have branches across several major U.S. cities, including Dallas, Denver and Atlanta. It would also offer a program to help former inmates build savings and establish credit. ... Read full article

Cypress Trust Co. has requested deposit insurance from the Federal Deposit Insurance Corp. ... Read full article