Tag Archives: licensing

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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Curry Addresses Fintech Charter Questions in Speech

The OCC’s plan to issue limited-purpose national bank charters to fintech companies is not a path to “light-touch” regulation, nor will it mix banking and commerce, Comptroller of the Currency Thomas Curry said at an industry conference in New York today.

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OCC Finalizes EGRPRA-Related Regulatory Changes

The OCC today finalized a rule that would make several regulatory adjustments as part of its efforts under the Economic Growth and Regulatory Paperwork Reduction Act to reduce unnecessarily burdensome or outdated banking rules.

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