Podcast: Taking Flight with Pilot Bank
Pilot Bank in Tampa, Fla., is a full-service $305 million community bank with a unique wing: private aircraft finance.
Browsing: De novo banks
FDIC Moves to Electronic Fingerprinting for Background Checks
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.
Podcast: What Keeps ConnectOne Bank’s Frank Sorrentino Up at Night
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.
Newsbytes Podcast: Jeffrey Ball on Fintech, Marijuana Banking, De Novos and More
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.
Newsbytes Podcast: How Banks Choose Their Own Destinies in a World of Consolidation
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.
Gruenberg: Eight Deposit Insurance Applications Approved in Past Year
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
Pitching In to Serve
Meet Ken Burgess, a quiet but determined advocate for America’s banks.
OCC’s Noreika Clarifies Views on De Novo Deposit Insurance
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.
ABA Welcomes Policy Discussion on Deposit Insurance for De Novos
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.
FDIC Seeks Comment on New Deposit Insurance Processing Manual
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.