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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. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career. By Katie Kuehner-Hebert.

Florida 91
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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
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Florida de novo gets FDIC approval

American Banker

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.

Florida 43
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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
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FDIC approves application for Florida de novo bank

American Banker

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

Florida 38
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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

In July 2017, the Federal Deposit Insurance Corporation (FDIC) held a meeting with a group of community bankers which told officials about the competitive pressures they’re facing from FinTechs. The FDIC’s Advisory Committee on Community Banking offered a platform through which community bankers could highlight these challenges.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. The bank, which attributes 31% of its loan portfolio to agriculture, opened loan production offices (LPOs) in Mississippi, Florida and Alabama. “We First Capital Bank. TriState Capital Bank. Bradesco BAC Florida Bank.