BankMiami: Miami’s Newest Bank Set to Open March 17

BankMiami will be the first de novo bank to open since 2008, and the first woman-founded bank in Miami.

In an industry where large institutions dominate, BankMiami is poised to introduce an innovative, client-focused approach when it opens its doors today, March 17, 2025. As Miami’s first de novo bank in over 15 years—BankMiami seeks to redefine the banking experience with a commitment to innovation, community engagement, and exceptional service. Led by an experienced team of financial professionals, the woman-founded bank is designed to meet the evolving needs of its clients through personalized solutions and cutting-edge technology.

“Our mission is to provide tailored banking solutions that truly meet the needs of our community,” said Mary Usategui, President & CEO of BankMiami. “We believe that every client deserves a banking experience that is as unique as they are. We are proud to be the bank that our clients have been asking for.”

BankMiami has assembled a team of top financial professionals from across the industry. “Our team brings a wealth of experience and a commitment to excellence,” said Daniel Martinez, Chief Banking Officer of BankMiami. “We are excited to connect with our clients on a personal level, offering solutions that are not only effective but also meaningful.”

Chief Operating & Financial Officer, David Monter, added, “Our advanced technology sets us apart from traditional banks. We leverage cutting-edge solutions to streamline operations and enhance our customer’s experience, while never losing sight of client service. Our goal is to create a seamless banking experience that empowers our clients and meets their evolving needs.”

Temporarily, BankMiami will be operating out of the Buro Coworking Offices in South Miami (5966 South Dixie Highway, South Miami), with plans to transition to its permanent location (1515 Sunset Drive, Coral Gables) in the summer. BankMiami anticipates celebrating its grand opening once it moves to its new location.

BankMiami’s Board includes:

– Dr. Stanley Shapiro, Chairman

– Karen Sharp, Vice-Chair

– Dennis Curran

– Ryan Gorney

– Ghislain Gouriage

– Andrew Marquadt

– Mary Usategui

– Anton Schutz*

– Patti Hernandez*

– Stefano Angeli*

*Awaiting final regulatory approval

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