FDIC approves application for Florida de novo bank
Organizers of Coastal Community Bank must raise $19.5 million before opening. ... Read full article
News Topic: De novo institutions
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North Carolina de novo to open after raising $50 million
Triad Business Bank, which will immediately have offices in three cities, will debut next week. ... Read full article
FDIC approves application for proposed Ohio de novo
Organizers of Riverside Bank of Dublin will need to raise $18 million before opening. ... Read full article
De novo activity has gone silent. What happened?
Challenging business conditions, exacerbated by coronavirus fears, have disrupted organizers' planning efforts. ... Read full article
Florida de novo gets FDIC approval
Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening. ... Read full article
FDIC aims to smooth de novo process for nontraditional firms
The agency released two new manual supplements and other materials to help nonbanks and its own staff better understand application procedures. ... Read full article
FDIC aims to smooth de novo process for nontraditional firms
The agency released two new manual supplements and other materials to help nonbanks and its own staff better understand application procedures. ... Read full article
North Carolina de novo on pace to open in March
Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC. ... Read full article
Chicago de novo bank effort cleared to raise capital
Organizers of First Women's Bank have also filled two key executive posts. ... Read full article
Bank planned in nation's capital secures FDIC approval
Organizers of Founders Bank in Washington are still need to raise at least $25 million before opening. ... Read full article
Group applies to form new bank in Dallas
Organizers of TYME Bank aim to take advantage of consolidation taking place around Texas. ... Read full article
Utah de novo gets conditional OK from FDIC
Organizers of Bank of St. George still need to raise $18 million before opening. ... Read full article
After leadership shake-up, what's next for Green Dot?
The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say. ... Read full article
Another new bank proposed for Atlanta
Organizers have applied to form Craft Bank. If successful, the bank would become the third to open in the Atlanta area in recent years. ... Read full article
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. ... Read full article
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. ... Read full article
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. ... Read full article
Organizers planning bank in Southern California
A group has filed paperwork with the FDIC to form Legacy Bank in Temecula. ... Read full article
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. ... Read full article
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. ... Read full article