De novo banks

Making technology the solution, not the problem, at small banks

05/18/18

Community banks count on personal service as a differentiator to win business. But legacy technology issues can get in the way.

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Former Southwest Bancorp execs planning bank in Oklahoma City

05/17/18

Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.

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New South Carolina bank raises additional capital

05/14/18

Beacon Community Bank, which opened in January, raised $34 million through a private placement.

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Ohio receives first post-crisis de novo application

05/08/18

A group, led by former community bank CEO Dave Mallett, is planning Ohio State Bank in Columbus.

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The de novo boom is just getting started

05/07/18

Tax reform and the need for new, tech-savvy banks to compete with fintechs are high on a growing list of factors encouraging investors to gamble on banking startups.

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Group aims to form first new bank in Mass. in decade

05/02/18

Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year.

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Nashville's first post-crisis de novo effort meets capital requirement

04/18/18

Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators.

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Alabama to see first de novo in decade

04/18/18

Organizers of CommerceOne Bank in Birmingham must raise at least $30 million before opening.

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Do multiple charters still make sense?

04/17/18

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.

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Blue Ridge Bank in Va. plans to seek N.C. charter

04/13/18

The bank, which already offers mortgages through seven offices across North Carolina, is the fourth group to announce plans for a de novo in the state.

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