De novo institutions

Organizers planning new bank in the Florida Keys

03/05/19

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.

[more]

Arizona de novos slow to materialize

03/04/19

Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.

[more]

Virginia bank sues North Carolina de novo over name

02/28/19

American National Bankshares is trying to force the proposed American Bank & Trust to change its name.

[more]

What community banks like so much about Northern Va.

02/21/19

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

[more]

One group's plea to move mutuals off endangered list: Relax de novo standards

02/14/19

While proponents contend the model could help reach the underbanked, there remain many arguments against it.

[more]

North Carolina de novo receives FDIC approval

02/13/19

Now the organizers of American Bank & Trust must raise $20 million to open the state's first new bank since the financial crisis.

[more]

FDIC extends comment period on de novo bank process

02/12/19

The agency began seeking comments in December through a "request for information" on how to improve the agency's process for considering new deposit insurance applications.

[more]

Former WashingtonFirst execs plan new bank in Northern Virginia

01/29/19

Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO.

[more]

De novo activity's up, but organizers face familiar obstacles

01/24/19

Three groups in North Carolina have scrapped plans to start banks because of difficulty raising capital, among other reasons.

[more]

Washington de novo receives conditional FDIC approval

01/14/19

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

[more]