Independent Banker

JULY 31, 2022

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career. By Katie Kuehner-Hebert.

Florida 91

Florida Community Bank Community FDIC 91

American Banker

OCTOBER 16, 2020

First City Bank of Florida had suffered “longstanding capital and asset quality issues” that were unrelated to the pandemic, the FDIC said.

Florida 62

Florida FDIC Regulation Capital 62

American Banker

FEBRUARY 25, 2020

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.

Florida 43

Florida FDIC Capital Community Bank 43

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. Bloomberg listed Casey G.

Community Bank 122

Community Bank Community FDIC Marketing 122

American Banker

MARCH 15, 2021

Organizers of the proposed Our Community Bank have received conditional approval that requires them to raise $18 million before opening.

Florida 60

Florida FDIC Community Bank Community 60

American Banker

MARCH 20, 2020

Organizers of Coastal Community Bank must raise $19.5 million before opening.

Florida 38

Florida FDIC Community Bank Community 38

PYMNTS

JANUARY 9, 2018

In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs. The FDIC’s Advisory Committee on Community Banking offered a platform through which community bankers could highlight these challenges.

Community Bank 131

Community Bank Community Fintech Lending 131