De novo institutions

Organizers propose new bank in Ohio


First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year.


De novo started by gamblers rolls dice on banking them


Lexicon Bank in Las Vegas, whose chairman was a professional gambler, is actively courting poker players to open deposit accounts for their tournament winnings.


First Women's Bank receives conditional approval from FDIC


The proposed Chicago de novo would focus on serving female entrepreneurs.


Juneteenth, OCC targeting ex-Wells execs, deposit glut: Top stories of the week


JPMorgan Chase, Fifth Third, Truist among banks closing early to observe Juneteenth; inside the OCC's effort to extract $37.5M from former Wells Fargo execs; banks are at a loss what to do with record amount of funds; and more from this week's most-read stories.


Why serial acquirer Stephen Gordon is starting a bank from scratch


The last bank where he was CEO, Opus Bank, ran into trouble largely because it made too many acquisitions in too short a time span. This time around, Gordon will take a more methodical approach.


Coronavirus undermines de novo bank effort in Florida


Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital.


Organizers planning de novo bank in New York City


The group behind NewBank is pursuing a charter with the Office of the Comptroller of the Currency to offer banking services nationwide.


Former Opus chief leads group behind proposed California bank


Stephen Gordon would become chairman and CEO of Genesis Bank, which is looking to raise $53 million in initial capital.


Proposed Georgia bank secures conditional regulatory approval


Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.


PPP lending helps brand-new bank get off to promising start


Triad Business Bank in North Carolina, which opened in March, has made $106 million in Paycheck Protection loans.