De Novo WatchGlades Bank and Trust

Glades Bank and Trust

Application pendingPlantation, FL (Broward County)Verified November 2, 2026

Where the charter stands

FDIC deposit insurance application received June 2, 2026; still pending on the FDIC list as of Oct 27, 2026. The bank says it plans to launch in the first quarter of 2027, pending regulatory approval (CSI/Apiture release, Oct 13, 2026).

Source: FDIC pending deposit insurance applications, as of October 27, 2026.

Capital

Reportedly raising $45M

Leadership

Led by former Amerant executive Howard Levine

Technology and vendors

Vendors named unusually early: CSI NuPoint core and Apiture digital and business banking (including treasury management), announced Oct 13, 2026 while the application is still pending. gladesbank.com registered Oct 9, 2025, eight months before filing.

Glades Bank and Trust: A $45M Filing for the County the Banks Left Behind →

Common questions

Is Glades Bank and Trust open?

Not yet. As of November 2, 2026, its status is application pending. FDIC deposit insurance application received June 2, 2026; still pending on the FDIC list as of Oct 27, 2026. The bank says it plans to launch in the first quarter of 2027, pending regulatory approval (CSI/Apiture release, Oct 13, 2026).

How much capital does Glades Bank and Trust have?

Reportedly raising $45M

Who leads Glades Bank and Trust?

Led by former Amerant executive Howard Levine

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.

See it on your bank’s loans

One link to the borrower, complete verification back in minutes. Book a 20-minute call and we’ll walk through a live demo for your bank.

Or email us at isaac@reportraven.tech