Strategic Insights into Banking & Fintech

Group applies to form de novo Georgia Skyline Bank

A group has applied to open a new bank in Georgia.

Organizers of the proposed Georgia Skyline Bank in Roswell applied to the Federal Deposit Insurance Corp. on June 4. The application wasn’t immediately available.

Ryan Floyd would be the proposed bank’s president and CEO. He was a senior vice president at The Piedmont Bank.

Floyd said in an interview that his group aims to raise $25 million to $35 million in initial capital in hopes of opening the bank early next year.

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