FDIC updates to drive ‘healthy pipeline’ of de novo banks
After nearly 20 years of stagnant growth, improving the speed and predictability of the federal deposit insurance application process should ...
Tag: De novo banks
Kentucky community bankers make case for right-sizing regulation
One -size-fits-all regulation does not work for community banks, which is why legislation is needed to better tailor regulation and ...
OCC’s Gould defends charter approvals for crypto activity
Noting more than half of recent bank charter applications received by his agency involve digital assets, Comptroller of the Currency ...
FDIC overhauls review process for deposit insurance applications
The FDIC announced a new, two-phase process for deposit insurance applications meant to speed up agency reviews and encourage de ...
House passes Main Street Capital Access Act
The House passed the Main Street Capital Access Act by a 270-155 vote. The bill seeks to boost community banking ...
Main Street Capital Access Act clears House Rules Committee
The House Rules Committee voted to advance a proposed bill to tailor bank regulation and encourage de novo bank formation, ...
ABA, state bankers associations urge House leaders to support Main Street Capital Access Act
A proposed bill to tailor bank regulation and boost de novo bank formation would promote economic growth in communities across ...
FFIEC reaffirms efforts to boost de novo bank formation
The Federal Financial Institutions Examination Council released a statement reaffirming its members’ commitment to promoting de novo bank formation by ...
Senate passes bipartisan housing bill
The legislation includes provisions related to brokered deposits, de novo bank formation and a mentor-protégé program pairing large financial institutions ...
OCC seeks to clarify procedures for approving, denying filings
The OCC issued a bulletin to clarify its standards for approving or denying filings, stating that “it is important that ...
