On November 29, 2016, the FDIC, as part of its Community Banking Initiative, held an outreach meeting in Atlanta. While the FDIC has indicated that it will publish a handbook regarding applications for deposit insurance in the coming weeks (which we’ll also summarize), we thought it made sense to provide a few highlights from that meeting:
Mechanics. The mechanics of the chartering process are the same as before.
Business Plans. As expected, there will be greater scrutiny on business plans, making sure thatRead More