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  1. FDIC clears path for North Carolina de novo bankRead the original story w/Photo

    Thursday Dec 6 | American Banker

    Community Bank of the Carolinas in Winston-Salem, N.C., said in a press release on Thursday that it had received conditional approval from the Federal Deposit Insurance Corp. "This news represents a major step for our bank," Skip Brown, the proposed bank's chairman and CEO, said in the release. "Starting a new bank is a long process so it means a great deal when the FDIC grants this conditional approval."


  2. Want to start a bank? Here's what to expect from regulatorsRead the original story w/Photo

    Aug 17, 2018 | American Banker

    The initial meeting de novo organizers have with regulators is similar to a job interview - so a good first impression is imperative. Subsequent conversations with regulators involve detailed questions about a group's application, according to organizers going through the approval process.


  3. A bank organizer's first big decision? Coming up with a nameRead the original story w/Photo

    Jul 10, 2018 | American Banker

    Aaron Dorn, Studio's proposed CEO and a former marketing executive at Avenue Financial, said the name came to him one weekend. He shared it with his team and they agreed that Studio was the right brand for the boutique bank experience they wanted to create.


  4. Four de novo organizers settle on their banks' namesRead the original story w/Photo

    May 31, 2018 | American Banker

    Organizers in Monroe, N.C., have chosen American Bank & Trust as the name of their proposed bank. American, which could become North Carolina's first new bank since 2009, is being planned by a dozen business leaders led by David Cuthbertson.


  5. Group aims to form first N.C. de novo since 2009Read the original story w/Photo

    Feb 14, 2018 | American Banker

    A group in North Carolina is aiming to launch the state's first de novo bank since the financial crisis. A dozen business leaders in Union County said in a press release Wednesday that they are "evaluating the possibility" of opening a bank in Monroe, N.C. The proposal would be subject to minimum capital requirements and regulatory approvals.


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