Locality Bank IO selects Nymbus to launch digital first community bank

By Pavithra R

Nymbus, a leading provider of banking technology solutions, has announced that Locality Bank IO has selected the company and its unique GROW model to launch South Florida’s newest digitally-enhanced community bank for serving small and medium-sized businesses (SMBs).

Locality Bank IO’s mission is to use progressive technology to serve the local businesses with seamless online and mobile banking experiences that promote better control of their business finances while facilitating more significant revenue opportunities. To accomplish this, the bank has collaborate with Nymbus who will provide the cutting-edge technology, tools and on-demand banking services to launch quickly and successfully.

“We’ve heard the rallying cries from small and medium-sized businesses who demand better banking experiences that meet their unique needs both personally and digitally. Together with Nymbus, we’re building a new atypical bank that delivers the best of what a traditional community bank can offer while differentiating with technology that can effortlessly adapt and integrate with the latest digital products and services,” said Corey LeBlanc, COO and CTO of Locality Bank IO.

Nymbus’ modern, cloud-native platform will serve as the bank’s technology foundation, in conjunction with a full suite of Nymbus banking-as-a-service solutions for handling the essential back-end, middle, and front-end elements the bank requires. The collaboration empowers the bank to offer robust solutions founded on speed, flexibility and meaningful growth.

“We commend Locality Bank IO for answering the call from small and medium-sized business owners feeling underserved in the financial services market. Together with our partnership model and innovative thinking, theirs is a hyperlocal bank poised to deliver on the amazing experiences these businesses need to survive and thrive,” said effery Kendall, Chairman and CEO of Nymbus.

Founded in 2015, Nymbus is a leading provider of banking technology solutions for financial institutions to innovate and grow. With its complete suite of banking technology, tools and on-demand services, Nymbus makes digital transformation quickly and easily available to move financial institutions of any size forward.