DeNovo Charter Consulting
There is renewed interest in forming new community-oriented banks and our firm has the experience to lead the process, as we have assisted numerous groups of investors in launching new bank charters. The decision to start a new bank should be carefully assessed according to management experience, financial and market factors, capital adequacy, and the convenience and needs of the community.
Our firm assists with laying the groundwork to determine the economic feasibility of the new bank, as well as examining the quality and experience of the proposed executive management team and the strength and depth of the proposed Board of Directors and organizers. We develop business plans, assist with regulatory applications and filing processes, and structure stock offerings. After launch of the new bank or credit union, we continue to work closely with your management team and Board to monitor progress and assist in meeting business plan objectives.