Strategic Insights into Banking & Fintech

Groups seek bank charters in Florida, Puerto Rico

Organizing groups are pursuing bank charters in Florida and Puerto Rico.

A group applied to the Federal Deposit Insurance Corp. on May 27 to form Dorado Bank in San Juan, P.R. A separate group submitted an application to the FDIC on June 2 to open Glades Bank and Trust in Plantation, Fla.

The applications were not immediately available.

Leave a Reply

Your email address will not be published. Required fields are marked *