invest1 distinct publisher
Georgia Skyline trades a conditionally approved de novo for $86m of unlent Virginia deposits
The group had already cleared the FDIC's deposit-insurance gate for an Atlanta startup bank and gave it up for a 24-year-old Virginia lender that has lent 48 cents of every deposit dollar. That gap is two years of loan growth nobody has to fund.
Publishers:americanbanker.com
Reality
- Evidence52
- Adoption22
- Hype gap+24
- Incentives74