Tag: De novo banks

To help expand access to banking services and promote financial inclusion, Rep. Andy Barr (R-Ky.) last week introduced H.R. 2561, ...

When the coronavirus pandemic began, Craft Bank was just about to begin its capital raise as a de novo community ...

A look at ABA’s government relations agenda for 2021

The American Bankers Association wrote to the FDIC today expressing strong opposition to another attempt by Rakuten, a major Japanese ...

The FDIC today finalized a rule requiring certain conditions and commitments for deposit insurance applications from an industrial loan company ...

A conversation with Wendy Cai-Lee of de novo Piermont Bank on the unique needs of multigenerational family firms.

Wendy Cai-Lee leads one of the latest crop of U.S. de novo banks: Piermont Bank, opened to address "pain points" ...

A recent deposit insurance application by Rakuten—a major Japanese e-commerce company—for its U.S. bank subsidiary Rakuten Bank America could pose ...

The FDIC today announced several changes to its Deposit Insurance Application Procedures Manual.

With several serial acquirers out of the market, scarcer targets for purchase and non-traditional deals on the rise, expect banks ...