NYMBUS®, a leading provider of banking technology solutions, announces a significant milestone reached by client Locality Bank providing business banking services in South Florida.
Locality Bank, a digital-first community bank launched in Ft. Lauderdale on January 12, recently announced that it has accumulated more than $100M in bank assets in less than eight months of operation.
“We’ve taken a fresh approach to community banking that has been left too long underserved,” said Corey LeBlanc, Locality Bank Co-Founder and COO/CTO. “The technology we have in place enables Locality to be hyper-focused and adjust on the fly to best serve our local businesses.”
In partnership with Nymbus, the bank’s online system is custom-built on a secure cloud-native core banking platform with an open API architecture that supports its objective of delivering the technological resources and enhanced financial tools local businesses need to succeed. This modernized system allows fast iteration and new technological additions to provide a robust and engaging customer experience.
“Locality is truly a modernized version of what a community bank should be,” said Jeffery Kendall, Chairman and CEO of Nymbus. “We at Nymbus are incredibly proud of the entire Locality team as it continues to deliver the technological resources, enhanced financial tools, and customer service that community businesses need to succeed.”
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