The Bank Slate


Proposed Fortuna Bank to close capital raise as opening nears

Organizers of the proposed Fortuna Bank in Grandview Heights, Ohio, are close to opening.

The group behind the effort said in a LinkedIn post that it will formally close the capital raise on June 30.

Fortuna Bank received conditional approval from the Federal Deposit Insurance Corp. in February. The agency required organizers to raise $20 million.

Ilaria Rawlins is set to become the bank’s president and CEO.

The group applied with the FDIC in February 2023. It received conditional approval from the Ohio Department of Financial Institutions in August 2023.

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