De novo institutions

Organizers planning new bank in New York area


PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and GSL Savings Bank.


Organizers plan de novo bank in Tennessee


Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.


Native American tribe behind push for Calif. de novo bank


The Soboba Band of Luiseño Indians plans to form a holding company and raise $25 million for Legacy Bank.


Organizers planning bank in Southern California


A group has filed paperwork with the FDIC to form Legacy Bank in Temecula.


Group behind Arizona de novo files with FDIC year after getting state approval


Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance.


Brokerage firm pursuing industrial charter would create digital bank


More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says.


Brokerage firm pursuing Utah industrial bank charter


A group affiliated with Interactive Brokerage Group has filed an application with the FDIC to form Interactive Bank.


Organizers file to form Arizona de novo with underbanked focus


Verdigris Bank would also rely heavily on technology as part of its business plan.


14 years after Walmart, banks face a new ILC bogeyman


The Rakuten application has opened another front in the battle over nonfinancial companies' ownership of banks.


Group applies to form bank in Ohio


The application for Riverside Bank of Dublin comes just six months after another group opened a bank in a nearby market.