While the financial institution industry has seen considerable consolidation over the past years, there is always great interest in community-oriented banks. PBS has represented individuals or groups wishing to establish new commercial banks. The decision to start a new bank is analyzed in the same manner as all expansion opportunities. The economic feasibility of the new bank is determined, as well as the quality and experience of its proposed management and the strength and integrity of the proposed Board and organizers.
In addition to determining the feasibility of opening a new bank, PBS assists in the regulatory-application process and the financial structuring of the stock offering. PBS has assisted numerous clients in every facet of chartering a new bank.