De novo institutions

This de novo wants to be the go-to bank for fintechs

11/24/20

CEO Wendy Cai-Lee says Piermont Bank can do it all for financial technology firms: be their commercial banker, be their banking-as-a-service provider and develop APIs and other cutting-edge products for them.

[more]

Proposed digital bank to target Gen X customers

11/19/20

American Challenger Bank would offer consumer and commercial products using technology from Temenos. Organizers recently applied with the FDIC for deposit insurance.

[more]

$100K and a dream: College senior plots student-run credit union

11/18/20

A group at George Washington University has been working to open a de novo institution to serve students, but the would-be institution faces a variety of hurdles before it can open its doors.

[more]

Organizers apply to form bank in eastern Virginia

11/06/20

Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016.

[more]

Proposed Tennessee de novo's organizers hit capital-raising goal

10/30/20

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010.

[more]

Organizers look to open bank in western North Carolina

10/22/20

Highlands Banking would be based in a community near the state's borders with Georgia and South Carolina.

[more]

Houston de novo effort secures conditional regulatory approval

10/20/20

Agility Bank, one of two women-led groups seeking charters, is looking to open next spring.

[more]

Arizona group receives conditional approval to open a de novo bank

10/08/20

Organizers of Scottsdale Community Bank must raise $16 million. The goal is to hit that goal and open by early 2021.

[more]

Group with ties to Michigan brokerage firm applies to form a bank

10/07/20

The proposed Multi-Bank shares an address with the Fort Lauderdale, Fla., office of Multi-Bank Securities.

[more]

Organizers propose 'values-based' bank in Florida

10/05/20

Climate First Bank, which would be led by veteran banker Ken LaRoe, would offer loans to help individuals and organizations make environmentally sound decisions.

[more]