De novo institutions

Organizers planning new bank in New York area

12/02/19

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

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Organizers plan de novo bank in Tennessee

11/22/19

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.

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Native American tribe behind push for Calif. de novo bank

11/15/19

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

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Organizers planning bank in Southern California

11/12/19

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

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

11/08/19

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

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Brokerage firm pursuing industrial charter would create digital bank

11/07/19

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

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Brokerage firm pursuing Utah industrial bank charter

11/05/19

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

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Organizers file to form Arizona de novo with underbanked focus

11/04/19

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

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14 years after Walmart, banks face a new ILC bogeyman

10/24/19

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

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Group applies to form bank in Ohio

10/16/19

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

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