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De Novo Banks

New bank charters – known as “de novos” – are a sign of growth potential and economic opportunity. They help fill gaps in the provision of banking services, increase competition and ultimately strengthen the community bank sector. A variety of factors have contributed to an unfortunate decline in de novo activity in the last decade, and bankers and policymakers are discussing prudent ways to reverse that trend.

ABA Position

ABA is working to encourage de novo activity by identifying and addressing obstacles to new bank formation. Such obstacles include a slow and lengthy regulatory approval process, capital hurdles, funding restraints and the resources needed to meet regulatory compliance expectations. ​​​​​​​​​​​​​​​​​​​​​​​​​​​​




 Letters to Congress and Regulators




 ABA Out Front


​​Questions? Contact Shaun Kern​ for more information.


 ABA Staff Contacts


 Related Resources