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PEOPLES BANK OF INDIAN RIVER CTY. v. STATE, ETC.

No. NN-383.

378 So.2d 328 (1980)

PEOPLES BANK OF INDIAN RIVER COUNTY (Proposed New Bank), Appellant, v. STATE of Florida, DEPARTMENT OF BANKING & FINANCE, and Gerald A. Lewis, As Comptroller and Head of the Department, Appellee.

District Court of Appeal of Florida, First District.

January 9, 1980.

Attorney(s) appearing for the Case

Larry Levy of Dickinson, Levy & Taylor, Tallahassee, for appellant.

Karlyn Anne Loucks, Tallahassee, for appellee.

ERVIN, Judge.

The Department of Banking and Finance denied the appellants' application for authority to organize a bank for failure to meet the criteria in Section 659.03(2)(a), (b), (e), and (f). Inability to meet criterion (a), requiring a showing that "[p]ublic convenience and advantage will be promoted by the establishment of the proposed bank," and criterion (b), requiring a showing that "[l]ocal conditions assure reasonable promise of successful operation,"...

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