Johns Creek, April 6, 2019 – Members of newly launched Asian community bank named Loyal Trust Bank or “Dingxin Bank” in Chinese, held a press conference to provide update on their progress and formation of the new bank.
Dingxin Bank submitted licensing paperworks to the FDIC and Georgia Bank Financial Authority on March 11, 2019 for approval. The approval for the licensing is projected for July-August 2019. Bank officials are forecasting the bank ready for opening by October 2019.
Principal investors of the new bank are Chinese and Korean investors, according to Rose Jarboe, Chairman of the newly formed bank and CEO of WePartner. The bank will be headquartered at 11675 Medlock Bridge Road, Johns Creek, GA 30097.
Charlie Brown, the proposed CEO/President of the bank, has more than 20 years banking experience was introduced at the press conference.
“A key differentiation is that we plan to integrate latest financial technology into our services. Our customers will benefit from the efficiency of the banking technology that we used,” said Brown.
“We also hope to play a part in the community that we serves by giving back. It is one of our key operating principle,” adds Brown.
The new bank plan to be active in the local Chamber of Commerce and to engage with mainstream community.