EntreBank has opened in Bloomington, Minn., just seven months after filing its application with the Federal Deposit Insurance Corp.
Organizers applied with the FDIC for deposit insurance in August. They changed the proposed bank’s name from Brava Bank to EntreBank.
The bank is as a unit of Entrepreneurs Bancshares. The principal investor is the Entrepreneurs Bancshares Revocable Trust of Daniel A. Boeckermann.
Daniel Boeckermann is the chairman. Timothy Viere is CEO.
EntreBank is Minnesota’s first de novo since Minnesota Bank & Trust opened in 2008.