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Tom Meyer, CEO of 1st Capital since 2015, decided to step down because shelter-in-place orders are keeping him from family hundreds of miles from the bank.

A former market president for State Bank Financial would serve as CEO of the proposed Classic City Bank.

The company is one of the first to share information on impacted clients, forbearance requests and emergency loan applications.

JPMorgan Chase, Wells Fargo, Citigroup and U.S. Bancorp, along with 200 state-chartered banks and credit unions, have agreed to let borrowers skip payments for 90 days if their finances have been upended by the pandemic.

The regulation issued late on Tuesday directs state-regulated financial institutions to give mortgage borrowers at least 90 days of forbearance if they can show financial hardship resulting from the coronavirus pandemic. It also requires banks and credit unions to provide relief on ATM fees and credit card late payment fees.

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

The coronavirus outbreak has led many banks to close branches, but for those that remain open, it's a new normal.

Triad Business Bank, which will immediately have offices in three cities, will debut next week.

Organizers of Riverside Bank of Dublin will need to raise $18 million before opening.

Jonathan Dowst will become president in July and CEO a year later.