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New Valley startup Integro Bank gains federal approval, now open for business

From the Phoenix Business Journal

This is the third startup, or de novo, bank to open its doors in the Valley since the start of 2022. Integro Bank is in the process of closing a deal to purchase a building in Phoenix from a local credit union.

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Integro Bank (In Organization) Obtains FDIC Conditional Approval

From PR Newswire

Integro Bank (In Organization) announced that it obtained conditional approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance in connection with its application to open a new bank devoted to helping small businesses.

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Integro Bank (In Organization) Obtains State of Arizona Conditional Approval

From PR Newswire

Integro Bank (In Organization) announced that it obtained conditional approval from the State of Arizona Department of Insurance and Financial Services to open a new bank devoted to helping small businesses. Among the conditions for opening the bank is a requirement to raise a minimum of $27.9 million in capital and for the bank to obtain regulatory approval from the Federal Deposit Insurance Corporation (FDIC) for deposit insurance.

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Integro Bank (Proposed) Announces Events

From Yahoo! Finance

Integro Bank (Proposed) announced that due to enthusiastic support at its recent investor events in Phoenix, New York City, Las Vegas, and Newport Beach, that it has scheduled three additional informational investor events.

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Integro Bank (Proposed) Increases Operational Capability with Senior Executive Hires

From PR Newswire

Danielle Fredey and John Parsons to accelerate build out of digital and tech capabilities of the proposed Phoenix-based bank for small businesses and non-profits.

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Integro Bank (Proposed) Announces Launch of Capital Raise

From Arizona Small Business Association

Integro Bank (Proposed) announced that it successfully secured limited approval to engage in capital raising, pre-opening, hiring and organizational activities by the Arizona Department of Insurance and Financial Institutions.

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