As the U.S. banking industry continues to consolidate de novo banks have enjoyed sustained and profitable growth, preserving competition, and providing credit in local markets. However, institutions in the process of becoming newly chartered banks struggle like other new business ventures, navigating the complexities of obtaining capital, application and compliance, staffing & technology infrastructure.
Helping you navigate the ocean of complexities in starting a new bank
CCG Catalyst understands the over-whelming responsibility of establishing a new bank – long task lists and minimal staff to make it happen. We have helped over 30 de novo banks get started. We bring professionals to your team – experienced in opening a bank quickly and efficiently.
Like any other new business venture, navigating the complexities of obtaining capital, application and compliance, staff and technology infrastructure and other challenges of becoming a newly chartered bank is a major undertaking. It is also an exercise that can benefit greatly from having a team of professionals at your side who are experienced in efficiently opening a new bank.
CCG Catalyst can provide your de novo team with a seasoned team of professionals working with you in all phases of the process:
- Formation and Board Development
- Market Feasibility Study
- Business Plan Development
- Regulatory Applications
- Management Candidates
- Operational Setup, Systems, Contracts
We can help in every phase from initial organization to hiring staff and launching your new institution. We provide this support in a team effort that will encourage continued success in the future.