Agility Bank, a proposed women-owned de novo bank with a digital focus, is set to open next week.
Organizers of the women-run bank, which is planned to open in Houston, made the announcement in a Wednesday press release. The bank will open with $35 million in initial capital.
The group behind the nationally chartered bank filed its initial application in April 2020.
The Federal Deposit Insurance Corp. provided conditional approval for deposit insurance in October 2020, but the order was modified a year later to give organizers more time to meet the agency’s conditions.