De Novo WatchEchelon Bank
Echelon Bank
Where the charter stands
FDIC deposit insurance approved Jan 5, 2026; FDIC records list the bank as opened May 27, 2026. Earlier reporting, including our Glades Bank article, gave April 2026; the FDIC date supersedes it.
Capital
$23M minimum capital target reached January 2026
Leadership
CEO Rob Shaw, formerly of USAmeriBank
Common questions
Is Echelon Bank open?
Yes. FDIC deposit insurance approved Jan 5, 2026; FDIC records list the bank as opened May 27, 2026. Earlier reporting, including our Glades Bank article, gave April 2026; the FDIC date supersedes it.
How much capital does Echelon Bank have?
$23M minimum capital target reached January 2026
Who leads Echelon Bank?
CEO Rob Shaw, formerly of USAmeriBank
Organizing a de novo?
A new bank picks its loan and account intake once. RAVEN verifies income, assets and identity from the source, so day-one applications arrive complete.