This article looks at the process to start a bank in the United States under a state charter rather than a national or Federal charter. It considers a bank owned by shareholders without the need for a
A very rare opportunity is available in the US territory of Puerto Rico. A fully operational international bank, with FedWire, is up for sale. The cost is approximately $25 million USD. What makes this a unique opportunity
Before I begin this article I need to explain how important the OCC is to new and existing banks in the field of Fintech. I am talking about the Office of the Comptroller of the Currency and
A de novo bank any type of bank that is newly chartered that has not been acquired through the purchase of a bank license from a previously licensed bank. That is, a de novo bank is a