McWilliams: Capital, Profitability Key Focus with Prospective ILC Applicants
Issues of capital and profitability are key themes in the FDIC’s interactions with fintech companies seeking banking charters, FDIC Chairman Jelena McWilliams said today.
Browsing: De novo banks
Community Banks Vital to Small Business, Says Florida Bankers CEO
With community banks serving as a critical source of credit for the nation’s small business sector, Florida Bankers Association President and CEO Alex Sanchez today highlighted the importance of maintaining a healthy, vibrant community banking sector in the U.S.
ABA Calls for Increased Transparency, Flexibility in De Novo Application Process
The American Bankers Association today offered several recommendations on how the FDIC can modify the deposit insurance application process for community banks.
McWilliams Discusses Banks’ Critical Role in U.S. Economy, Supervision
In a deeply personal speech at a Florida Bankers Association event last night, FDIC Chairman Jelena McWilliams offered her perspectives on the U.S. financial system and how having an appropriately tailored regulatory framework enables banks to help their customers live the American dream.
Banking Rural America
If we aren’t able to find a way to backfill areas hit hard by bank consolidation, the nation’s impressive economic recovery and growth will leave those towns behind.
Podcast: The Bank M&A Outlook for 2019
Key regulatory changes and business trends will drive bank mergers and acquisitions in 2019, two top bank deal lawyers say on the latest episode of the ABA Banking Journal Podcast.
A Wind in the Sales? 2019 M&A Outlook
Look for 2019 bank mergers to be driven by large deals in metro markets, smaller banks on the buy side and de novo groups acquiring rural banks.
A New Dawn for De Novo Banks
With the regulatory posture shifting, the next generation of de novo banks is finally beginning to emerge.
FDIC Launches Initiative to Encourage De Novo Formation
The FDIC formally launched its highly anticipated initiative to foster de novo bank formation.
FDIC’s McWilliams: De Novo Activity ‘Not Where It Should Be’
Addressing the shortage of de novo banks in the U.S. over the past several years, FDIC Chairman Jelena McWilliams today said more can be done to encourage new bank formation.