DD&F's approach to new charters is unique in the industry. We offer comprehensive assistance in every phase of the new charter process beginning from concept and capitalization through initial opening and continuing in the early years of operation. We provide the resources and expertise needed to gain a competitive edge in the formative years. Our full-service approach includes assistance in every phase of the new charter process.
Conceptual Phase
- Educating organizers and potential investors on the chartering and stock offering process
- Selecting type of charter
- Developing the offering circular
Application Phase
- Preparing and filing all regulatory applications
- Interfacing with the regulators
- Responding to protests filed
Organizational Phase
- Hiring senior executives
- Evaluating site locations
- Filing for insurance of accounts
- Selecting board members
Pre-Opening Phase
- Providing a comprehensive pre-opening task list
- Establishing required policies
- Contracting with vendors
- Product development and pricing
Post-Opening Phase
- Evaluation of operations, controls, and practice prior to examination
For new management teams, DD&F's experience and guidance are invaluable assets that will avoid costly mistakes and delays to help you establish sound banking practices.
Numerous client references are available for potential investors. Click here for more information on how we can help you evaluate the possibility of charting a new bank.
Click Here to email our president Randy Dennis.