Pittsburgh-based startup bank, the region’s first in nearly two decades, taps Nymbus’ modern banking platform to launch a digital-centric banking experience.
JACKSONVILLE, Fla., Sept. 2, 2026 /PRNewswire/ — Nymbus, a modern core banking platform for U.S. banks and credit unions, today announced that Sagehaven Bancorp (in formation) has selected Nymbus to serve as the technology foundation for its new proposed digital-centric national bank headquartered in Pittsburgh’s Strip District.
Founded by three banking and corporate-finance executives with decades of sophisticated banking experience, specifically Brian Tabb, CEO and former SVP of Finance in Corporate Treasury at BNY, Angelo Innamorato, EVP/COO and former VP at Huntington National Bank and Director at BNY, and Jared Leland, EVP/Chief Counsel and former Director and Corporate-Finance Attorney at Houston Harbaugh, Sagehaven filed its application for a national charter with the OCC and FDIC in July 2026 (charter review for approval in progress). Positioned to become Pittsburgh’s first startup, de novo bank in nearly 20 years if approved, Sagehaven will focus on small-to-mid market companies and mid-to-high-net-worth consumers, segments its founders believe are often underserved by traditional platforms or undervalued by large banking conglomerates.
To bring that vision to market, Sagehaven partnered with Nymbus, whose cloud-native banking platform unifies core processing, account opening, digital banking, and managed services. This helps institutions launch, operate, and grow with speed. The technology will enable Sagehaven to operate a single Pittsburgh-based branch while giving businesses and consumers nationally the ability to fully manage their banking needs digitally once it is chartered and open for banking business.
“We set out to build a bank that pairs sophistication and resiliency with security, and that meant choosing a technology partner that could help us launch, manage demand, and securely transact banking needs and interests fluidly while enhancing the customer experience,” said Brian Tabb, President and CEO of the proposed Sagehaven Bancorp. “Nymbus gives us the speed, flexibility, oversight, and digital framework to efficiently and securely serve businesses and individuals nationally in our tech-centric world.”
Sagehaven anticipates a regulatory review period following the July 2026 charter application, after which it aims to raise capital, secure final approval, and begin banking operations in April 2027.
“This is exactly the kind of institution the market needs more of: an experienced team building something new to serve businesses and clients who want a real banking relationship,” said Jeffery Kendall, Chairman and CEO of Nymbus. “Sagehaven doesn’t have to choose between high-touch service and modern technology. We’re giving them both from day one, so they can launch fast and compete without compromise.”
About Nymbus
Nymbus delivers a cloud-based, highly extensible, full-stack banking platform, empowering community banks and credit unions to accelerate their growth and market positioning. Founded in 2015, Nymbus modernizes legacy core systems that support both brick-and-mortar operations and digital-first institutions and facilitates the launch of vertical banking strategies or subsidiary brands with a sidecar Core alternative.
The Nymbus Banking Platform solution delivers the technology, people, and processes to scale as your financial institution grows. For more information, visit nymbus.com
About Sagehaven Bank (In Formation)
Sagehaven Bancorp (in formation) is a proposed digital-centric national banking organization headquartered in Pittsburgh’s Strip District, that intends to serve small-to-mid market companies and mid-to-high-net-worth consumers. Combining the relationship-focus of a community bank with a sophisticated executive banking team and technology-centric banking platform that serves customers nationwide, Sagehaven aims to deliver sophistication, resiliency, and security to communities throughout the country. Sagehaven filed its application for a national charter in July 2026 and anticipates beginning banking operations in 2027.
Sagehaven has applied to the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) for a national bank charter. The charter has not yet been approved, and Sagehaven is not yet authorized to conduct banking business, accept deposits, or claim to be a nationally chartered bank.
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SOURCE Nymbus
