Gulfside Bank, which would be based in Sarasota, is angling to become southwest Florida's first new bank in a decade.

The Berlin company hopes to shake up the U.S. market with real-time, mobile-first, millennial-friendly banking, and the new infusion of cash from Allianz and Tencent will help.

The bank will enable customers to access its 2,500 ATMs via mobile banking.

Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application.

On Dec. 31, 2017. Dollars in thousands.

On Dec. 31, 2017. Dollars in thousands.

Banks need to figure out how to provide more value to customers or nonbank financial services companies could displace them.

The e-commerce giant is muscling its way into a number of businesses that banks have long dominated.

Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.

While optimistic about the economy, bankers at this year's ICBA convention are still concerned about credit unions and other nonbanks, the role of technology, weakness in the agricultural sector and succession planning.

Independent Community Bankers of America CEO Camden Fine said his group “will not participate in making the perfect the enemy of the good” when it comes to further amending the regulatory relief bill.

The company will take a nearly $10 million hit after setting aside funds to cover a case of potential borrower fraud.

Financial Institutions, the parent of Five Star Bank, was hit with a "needs to improve" rating after a review of its activities from 2011 to 2013.

The Consumer Financial Protection Bureau's “Project Catalyst,” launched six years ago to help fintech companies navigate regulations, has failed to deliver.

Eno is into reality TV, says Capital One's head of artificial intelligence. Who's afraid of big, bad Amazon? Not Nandita Bakhshi. Goldman Sachs won’t be breaking any glass ceilings. Plus, a study on sexual harassment in banking.

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm.

Use of alternative data in traditional credit scoring would help consumers access the banking system and lower their cost of credit.

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.

Online banks and some credit unions are responding to Fed rate hikes by aggressively raising deposit rates on CDs, savings accounts and money market products, while the nation's biggest banks are largely standing pat — for now.

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says.