If you think regulators still have roadblocks up for de novo banks, guess again. A cooperative spirit between bankers and government authorities has emerged, clearing the way for faster approvals to help new financial institutions get down to business. The only obstacle at this point? Word hasn't yet spread enough for those with de novo dreams to move in the direction of decisive action.
On this podcast, Mi Bank chairman /CEO Robb Farr, and senior vice president core technology Erin Tecker, talk about how they've set out to create a different business banking experience, and what it's like to take part in Detroit's comeback story.
