The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Groups planning de novo banks in California, Missouri

Organizers are planning new banks in California and Missouri.

A group filed an application on Nov. 22 with the Federal Deposit Insurance Corp. for Four States Bank. The proposed de novo would be based in Carthage, Mo., which is close to the borders with Arkansas, Kansas and Oklahoma.

A separate group submitted an application with the FDIC on Nov. 27 to form Elemi Bank. The bank would be based in Burbank, Calif.

The filings for Four States and Elemi were not immediately available.

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