Don't write off Caribbean First Bank just yet.

The proposed Connecticut start-up has been trying to raise $7 million to capitalize its launching. But after two years, the bank's organizers considered packing it in. Its temporary charter expired June 27 but was extended until Sept. 24.

Now, organizers said, potential investors could help Caribbean First reach its goal.

"Never give up," said Sydney Schulman, director and treasurer of the proposed bank.

Mr. Schulman said the organizers would consider asking for another charter extension if it gets the money by then.

Meanwhile, the organizers are also considering a new option for start-up banks in Connecticut. The state Legislature this year created a new charter, hoping to stimulate bank formation.

Caribbean First hopes to cater to the state capital's Hispanic community. Hartford is home to a burgeoning population of immigrants from the West Indies.

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