Top
image credit: Flickr

Two new next-gen banks to open in the US

May 13, 2019

Piermont Bank is a “new generation” of commercial banking with a focus on helping clients build and grow business.

The Piermont Bank’s team says that it aims to support privately-owned business, especially multi-generation family-owned enterprises.

It says: “We appreciate, respect and honour family legacy, business history and aim to address banking needs in the most practical, effective and relevant way for our clients.”

The bank has received conditional approval from the Office of the Comptroller of the Currency (OCC​) and the Federal Deposit Insurance Corporation (FDIC​) for deposit insurance.

Read More on Banking Technology