De novo institutions

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say.

Organizers have applied to form Craft Bank. If successful, the bank would become the third to open in the Atlanta area in recent years.

PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and Bogota Savings Bank.

Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.

The Soboba Band of Luiseño Indians plans to form a holding company and raise $25 million for Legacy Bank.

A group has filed paperwork with the FDIC to form Legacy Bank in Temecula.

Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance.

More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says.

A group affiliated with Interactive Brokers Group has filed an application with the FDIC to form Interactive Bank.

The proposed Verdigris Bank would rely heavily on technology, applicants say.

The Rakuten application has opened another front in the battle over nonfinancial companies' ownership of banks.

FCUs are regaining their appeal given the resources NCUA has put into helping de novos and the potential for expanded fields of membership.

The application for Riverside Bank of Dublin comes just six months after another group opened a bank in a nearby market.

OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida.

Maine Harvest Federal Credit Union, which will serve farmers and the food industry, opened this week and aims to make $12 million in loans over the next six years.

Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough.

Frustrated after being overlooked by mainstream financial institutions, organizers of the proposed Pagan Federal Credit Union are hoping to be chartered by the end of the year.

Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.

Gulf Capital Bank has received conditional approval from state and federal officials and could be up and running late this year or early next year, its organizers say.

With credit discrimination still legal in many states, the Michigan-based institution aims to help this marginalized group.