trending Market Intelligence /marketintelligence/en/news-insights/trending/CQzNPCf_AeoiIn4oxHlVNA2 content esgSubNav
In This List

Proposed bank in Florida looking to open in late July

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


Proposed bank in Florida looking to open in late July

Winter Park National Bank intends to open in late July, the Orlando (Fla.) Business Journal reported Jan. 23.

Its application for a national bank charter with the OCC became official Dec. 23, 2016.

David Dotherow will be the CEO of the proposed bank, which will be based in Winter Park, Fla. Jeffrey Jenkins will serve as CFO and Sid Cash as executive vice president and senior lender. There will be 15 workers at the headquarters.

The publication quoted Dotherow as saying that the proposed bank expects to raise capital amounting to $30 million to $50 million once its charter is approved. The money will be obtained from prior relationships, employees and family, among others.

In 2008, Dotherow chartered New Traditions National Bank, which was bought later by IBERIABANK Corp.