Overview

Founded in 2021, Locality Bank is a digital-first community bank based in Fort Lauderdale, Florida. The bank serves local businesses with the traditional services of a community bank as well as user-friendly, cutting-edge innovation and technology. Locality Banks's mission is to empower local businesses to maximize their potential. The company's banking platform provides services such as digital accounts, transactions, and investment management that are available to customers through a mobile app, enabling small to medium-sized businesses to maximize their financial potential. The bank's online platform was custom-built on a secure cloud-native core banking system with an open API architecture created by NYMBUS, a leading provider of banking technology solutions. This modernized system allows fast iteration and new technological additions to provide a robust and engaging customer experience. In November 2021, Locality Bank received final approval for a state charter and FDIC secure deposit insurance.