Strategic Insights into Banking & Fintech

Organizers file to form New South Bank in Florida

A group in Florida is looking to form New South Bank in Tampa.

Organizers filed an application with the Federal Deposit Insurance Corp. on April 17. The application wasn’t immediately available.

A website for the proposed bank said it plans to offer a full range of commercial and retail banking products, with an emphasis on small business lending. The bank will offer SBA and USDA-guaranteed loan programs.

Kennard Page is the proposed chairman and CEO. Tom Welsh would serve as president and CFO.

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