There is an interesting movement in the fintech space where some challenger banks are focused on serving local communities first; Tearsheet interviews their own reporter for some background on this story; examples cited are AlbaCo which plans to service local businesses when it gets its banking charter and Joust who are trying to carve out a niche by forming personal connections with their client base of freelancers; also they discuss Carolina State Bank which is not a fintech company, rather a new community bank, but they are working to serve local businesses with a strong digital presence. Source.