Strategic Insights into Banking & Fintech

Organizers in California, Delaware looking to form banks

Groups in California and Delaware have applied for deposit insurance.

ConNext Bank would be based in Wilmington, Del., according to a notice from the Federal Deposit Insurance Corp. Organizers are going for a national bank charter from the Office of the Comptroller of the Currency.

Separately, a group in Southern California has applied for deposit insurance for Bank Irvine. 

The applications were not immediately available.

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