Community FDIC Florida 
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.”. Keith Costello, Locality Bank.
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. have emerged to do.
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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.
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.”.
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.
PopularBank
DECEMBER 11, 2023
In addition to Molly’s impressive track record leading PAB, she has been actively involved in community work, serving on the board of United Community Options of South Florida, an organization that helps developmentally challenged individuals reach their full potential through educational workshops and activities.
American Banker
MARCH 20, 2020
Organizers of Coastal Community Bank must raise $19.5 million before opening.
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