{"id":245958,"date":"2026-07-17T16:53:08","date_gmt":"2026-07-17T16:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/245958\/"},"modified":"2026-07-17T16:53:08","modified_gmt":"2026-07-17T16:53:08","slug":"former-bny-huntington-execs-and-law-firm-partner-file-to-launch-startup-bank-in-pittsburgh-wpxi","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/245958\/","title":{"rendered":"Former BNY, Huntington execs and law firm partner file to launch startup bank in Pittsburgh \u2013 WPXI"},"content":{"rendered":"<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">PITTSBURGH \u2014 Efforts are underway to launch a startup bank in Pittsburgh, the first in almost 20 years.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Two former bank executives and a Pittsburgh lawyer lead a core group of six filing an application for a national charter with regulators on July 14.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Sagehaven Bancorp NA, which will be based in the Strip District, plans to focus on small-to-mid market companies and mid-to-high-net-worth consumers, which its founders believe are often underserved by traditional community banking platforms or undervalued by large banking conglomerates.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Talks to create Sagehaven began in the second half of 2025, driven by Brian Tabb, who serves as president and CEO. Tabb, most recently senior vice president, corporate treasury, at BNY, resigned from the financial giant in March. He previously worked at Eastern Bank in the Boston area where he helped to support its initial public offering in 2020.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\"><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2026\/07\/14\/sagehaven-startup-bank.html?ana=wpxi\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2026\/07\/14\/sagehaven-startup-bank.html?ana=wpxi\">Click here to read more from our partners at the Pittsburgh Business Times.<\/a> <\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Download the <a href=\"https:\/\/www.wpxi.com\/mobile-apps\/\" rel=\"nofollow noopener\" target=\"_blank\">FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Follow Channel 11 News on <a href=\"https:\/\/www.facebook.com\/wpxi\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> and <a href=\"https:\/\/twitter.com\/WPXI\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a>. | <a href=\"https:\/\/www.wpxi.com\/video\/\" rel=\"nofollow noopener\" target=\"_blank\">Watch WPXI NOW<\/a><\/p>\n<p>TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph body-copyright\">\u00a92026 Cox Media Group<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"PITTSBURGH \u2014 Efforts are underway to launch a startup bank in Pittsburgh, the first in almost 20 years.&hellip;\n","protected":false},"author":2,"featured_media":245959,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[105243,105242,73,75,74,105240,105241],"class_list":["post-245958","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pittsburgh","tag-brian-tabb","tag-national-charter","tag-pittsburgh","tag-pittsburgh-headlines","tag-pittsburgh-news","tag-sagehaven-bancorp-na","tag-startup-bank"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/245958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=245958"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/245958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/245959"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=245958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=245958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=245958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}