DeNovo Bank Peer Group

You’re Invited to the

De Novo Bank Conference

Hosted by the GBA, in partnership with Porter Keadle Moore, LLC
and Troutman Sanders LLP

September 14, 2016

Cherokee Town and Country Club in Atlanta

Did you know that no new banks have been formed in Georgia since January 2010? The conventional wisdom is that regulatory approval for a de novo bank is difficult, there’s been a shortage of available capital and reasonable returns on investment are impossible because of the persistent low-rate environment and hefty compliance and technology costs. With no new banks being chartered and as a result of the downturn and ongoing industry consolidation, there are now 47 Georgia counties and many pockets in metro areas without a locally-headquartered bank.

However, there have been recent signs that regulators are inviting qualified de novo bank applications. The FDIC in particular has reduced the de novo period from seven years to three years and published guidance about the application process for potential new bank organizers. They are also planning to hold a series of de novo forums around the country later this year.

This conference will benefit anyone seeking to invest in, organize, lead or work for a new community bank. Leaders from the FDIC, OCC and Georgia Department of Banking & Finance and industry experts from Brightlane Partners, Troutman Sanders and Porter Keadle Moore will discuss how to form a de novo bank in 2016 and beyond.

DE NOVO BANK CONFERENCE

September 14, 2016
9:30 a.m. – 3:15 p.m. Click here for complete agenda.
Cherokee Town and Country Club
155 West Paces Ferry Road, N.W.
Atlanta, Georgia 30305

The early-bird price for this event is $275 through Sept. 6 and $300 for registrations received on or after Sept. 7.

To register, please follow the link below.

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