Remove Capital Remove Community Remove Community Bank Remove Florida
article thumbnail

Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Community Financial Services Bank, Benton, Ky.; Bank of Montana, Missoula, Mont.; CNB Bank, Berkeley Springs, W.Va.; Midwest Bank, Norfolk, Neb. Bank of Montana: Breaking the mold. Bank of Montana. Tom Swenson, Bank of Montana.

article thumbnail

A digital-first bank for south Florida

Independent Banker

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.”. Filling a need.

Florida 91
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

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.”.

article thumbnail

Regulators close Florida bank in third failure of 2020

American Banker

First City Bank of Florida had suffered “longstanding capital and asset quality issues” that were unrelated to the pandemic, the FDIC said.

Florida 62
article thumbnail

Coronavirus undermines de novo bank effort in Florida

American Banker

Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital.

Florida 38
article thumbnail

FDIC approves Florida de novo that will focus on Latino customers

American Banker

Organizers of the proposed Our Community Bank have received conditional approval that requires them to raise $18 million before opening.

Florida 60
article thumbnail

FDIC approves application for Florida de novo bank

American Banker

Organizers of Coastal Community Bank must raise $19.5 million before opening.

Florida 38