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. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. Filling a need.

Florida 91

Florida Community Bank Community FDIC 91

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. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years.

Community Bank 122

Community Bank Community FDIC Marketing 122

PYMNTS

JANUARY 9, 2018

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

Community Bank 131

Community Bank Community Fintech Lending 131

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

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

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