Bank of Bird-in-Hand: First New US Bank in 3 Years
Back in January we shared news of a planned Amish-backed bank in Lancaster County. Financial Times reports that the Bank of Bird-in-Hand has gotten FDIC approval to open. The bank has raised $17 million in capital. Here’s what caught my eye: In doing so, the bank will become the first new, or de novo, lender to be created in the US since late 2010, bucking a…
