The state banking department has approved the charter for Johns Creek-based Loyal Trust Bank, In Organization, a planned $20 million financial institution that aims to serve the Asian American and business community in the north Fulton County area.

Loyal Trust Bank, I.O. represents the second new bank charter approved in Georgia this year and the second given the go-ahead since 2008, when the financial crisis rocked the banking industry. On May 2, the Georgia Department of Banking and Finance approved…

Atlanta Business Journal
State banking department approves de novo charter for bank in Johns Creek