A group has applied to open a bank in Bellevue, Wash.
Organizers of the proposed United Development Bank submitted an application to the Federal Deposit Insurance Corp. on Aug. 21. The application wasn’t immediately available.
A public notice tied to the application listed 25 organizers, including Charlie Guildner, a former president and CEO of North Cascades Bank, and Jesse Tam, a former chairman, president and CEO of Regal Financial Bancorp.