Tag Archives: de novo banks

Burgess to Bankers: ‘Sharpen Your Pencils’

Reflecting on a year that saw many positive legislative and regulatory changes for the banking industry, outgoing ABA Chairman Ken Burgess urged bankers to remain engaged in advocacy as these changes are implemented.

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Podcast: Reversing the De Novo Flatline

In the more than eight years since the Dodd-Frank Act passed, just 13 new U.S. banks have been chartered -- and in some years, no new banks have been chartered at all. ABA Chairman Ken Burgess, who co-founded FirstCapital Bank of Texas as a de novo two decades ago, is concerned about these numbers.

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