Two New Next-gen Banks to Open in the US

FinTech Futures

“Two new banks are coming to the US: Piermont Bank in New York and Nexos National Bank, based in Stamford, Connecticut. “We appreciate, respect and honour family legacy” 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….Nexos National Bank, however, would be the first nationally chartered bank to open in Connecticut since the 2008 financial crisis. The bank was founded by Gordon Baird, CEO and has Kathleen Romagnano as president and COO. It would serve individual customers and small- and medium-size businesses throughout Fairfield and Westchester counties, with brick-and-mortar branches and online offerings.”