Pilot Bank in Tampa, Fla., is a full-service $305 million community bank with a unique wing: private aircraft finance.
Browsing: De novo banks
The FDIC said today that it will begin using electronic fingerprints in background checks where required for applications for federal deposit insurance, replacement of board members and senior management and other procedures.
What keeps Frank Sorrentino up at night? It’s the question of culture — maintaining “the same level of entrepreneurial spirit in the company as the company continues to grow,” says Sorrentino on the latest episode of the ABA Banking Journal Podcast.
On the latest episode of the ABA Newsbytes Podcast, Jeffrey Ball — president and CEO of Friendly Hills Bank, Whittier, Calif. — discussed several emerging issues in public policy — including banks’ role in financial innovation and protecting consumers, as well as the increasingly urgent need to address banking marijuana-related businesses.
On the latest issue of the Newsbytes Podcast, guests Brittany Kleinpaste and Monica C. Meinert discuss the ongoing macro-trend of bank consolidation — why it’s happening, how it’s accelerated over the past decade and what strategies banks are employing to determine their own destiny.
The FDIC has approved eight applications for deposit insurance in the past year — a number of de novo approvals exceeding the total of new charters granted from 2010 to 2016 — said FDIC Chairman Martin Gruenberg in Springfield, Ill., today
Meet Ken Burgess, a quiet but determined advocate for America’s banks.
Acting Comptroller of the Currency Keith Noreika provided additional clarity about his views on the deposit insurance application process for de novo banks in a letter to the American Bankers Association today.
In a letter to Acting Comptroller of the Currency Keith Noreika today, ABA highlighted key questions that regulators and policymakers should consider concerning the deposit insurance application process for de novo banks.
As part of its ongoing work to facilitate the chartering of de novo institutions, the FDIC is seeking feedback on a manual released today to guide agency staff as they evaluate and process deposit insurance applications.