Proposed Georgia bank secures conditional regulatory approval
American Banker
MAY 20, 2020
Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.
American Banker
MAY 20, 2020
Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.
American Banker
AUGUST 19, 2016
The Georgia Department of Banking and Finance closed the $21.4 million-asset Woodbury Banking Company on Friday, marking this year's fourth bank failure.
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Jeff For Banks
SEPTEMBER 10, 2011
Since that time, the company has grown to more than 100 locations throughout Arkansas, Texas, Georgia, North Carolina, South Carolina, Alabama and Florida. They acquired seven failed institutions in Georgia, Florida, and South Carolina from the FDIC, adding over $2 billion of acquired assets since March 2010. billion was 1.24%.
Independent Banker
JULY 29, 2016
Familiar Friends—Georgia community bankers meet with Sen. FDIC Assessment Rules. Responding to ICBA’s advocacy, the FDIC scrapped the core deposit ratio for determining deposit insurance assessments of banks with assets less than $10 billion, substituting the brokered deposit ratio. Johnny Isakson (R-Ga.), De novo formations.
PYMNTS
MARCH 2, 2018
At the end of 2017, a handful of Chinese provinces and the country of Georgia were home to 75 percent of the world’s bitcoin mining, while only 3 percent was happening in the U.S. Use of power is not very evenly distributed. Miners use a lot of power and thus set up shop where the cost of power is cheap.
William Mills
SEPTEMBER 9, 2016
After they bought CheckFree a lot of Fiserv folks have been based in Georgia. This sounds like the best of both worlds – social funding for SMB’s with the backing of their FDIC-insurance bank. Fiserv is a such a big player in our space. I’ve heard that their CEO recently moved to Atlanta but I’m not sure.
CFPB Monitor
FEBRUARY 3, 2020
The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration. The second panel will feature OCC and FDIC representatives. I am again co-chairing the event, as I have for the past 24 years. I will co-moderate both. The first panel will feature a discussion among CFPB and FTC representatives.
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