Nashville de novo moves to a different beat
Murals on the walls and pizza parties are just a couple of ways Studio Bank is trying to court music and entertainment clients as part of a broader niche-lending strategy. ... Read full article
News Topic: De novo institutions
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Small banks warned not to over-rely on fintech partnerships
Building alliances with startups is the most affordable route for community banks that want to offer innovative services, but industry officials cautioned that they must be balanced with smart internal investments, too. ... Read full article
Connecticut group applies for national bank charter
Nexos National Bank would be led by Gordon Baird, a former Citi executive. A former New York banking commissioner is set to join the proposed bank's board. ... Read full article
High-profile exec to leave Live Oak in North Carolina
Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo. ... Read full article
FDIC approves Massachusetts de novo application
New Valley Bank & Trust is set to become the state’s first new bank since 2008. ... Read full article
N.C. de novo effort closes in on initial capital goal
Organizers of Community Bank of the Carolinas in Winston-Salem have raised $18 million. The group has to bring in at least $25 million. ... Read full article