Former bankers, others look to launch new CT community bank

Organizers are trying to launch a new commercial bank in Fairfield County, a move being driven by the significant consolidation wave in the banking industry, officials said. 

If successful, the New Canaan Bank would be the first startup commercial bank in Connecticut in over a decade, when Start Community Bank launched in New Haven in 2010. (Start changed its name to New Haven Bank in 2019.)

Organizers of New Canaan Bank include former bank and investment executives, a real estate developer and doctor, among others. 

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