De novo banks | ABA Banking Journal https://bankingjournal.aba.com/tag/de-novo-banks/ Mon, 10 Aug 2026 20:40:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.10 FDIC overhauls review process for deposit insurance applications https://bankingjournal.aba.com/2026/08/fdic-overhauls-review-process-for-deposit-insurance-applications/ Mon, 10 Aug 2026 20:24:50 +0000 https://bankingjournal.aba.com/?p=67097 The FDIC announced a new, two-phase process for deposit insurance applications meant to speed up agency reviews and encourage de novo bank formation.

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]]> House passes Main Street Capital Access Act https://bankingjournal.aba.com/2026/07/house-passes-main-street-capital-access-act/ Wed, 22 Jul 2026 02:20:36 +0000 https://bankingjournal.aba.com/?p=66712 The House passed the Main Street Capital Access Act by a 270-155 vote. The bill seeks to boost community banking through tailored regulation and by encouraging de novo bank formation.

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]]> Main Street Capital Access Act clears House Rules Committee https://bankingjournal.aba.com/2026/07/main-street-capital-access-act-clears-house-rules-committee/ Tue, 21 Jul 2026 00:34:03 +0000 https://bankingjournal.aba.com/?p=66691 The House Rules Committee voted to advance a proposed bill to tailor bank regulation and encourage de novo bank formation, setting it up for a possible House floor vote this week.

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]]> ABA, state bankers associations urge House leaders to support Main Street Capital Access Act https://bankingjournal.aba.com/2026/07/aba-state-bankers-associations-urge-house-leaders-to-support-main-street-capital-access-act/ Thu, 16 Jul 2026 20:14:38 +0000 https://bankingjournal.aba.com/?p=66621 A proposed bill to tailor bank regulation and boost de novo bank formation would promote economic growth in communities across the country, ABA and 52 state bankers associations said in a joint letter to House leaders.

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]]> FFIEC reaffirms efforts to boost de novo bank formation https://bankingjournal.aba.com/2026/07/ffiec-reaffirms-efforts-to-boost-de-novo-bank-formation/ Wed, 01 Jul 2026 14:24:38 +0000 https://bankingjournal.aba.com/?p=66384 The Federal Financial Institutions Examination Council released a statement reaffirming its members’ commitment to promoting de novo bank formation by exploring ways to lower regulatory barriers to creating new financial institutions.

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]]> Senate passes bipartisan housing bill https://bankingjournal.aba.com/2026/06/senate-passes-bipartisan-housing-bill/ Mon, 22 Jun 2026 22:58:35 +0000 https://bankingjournal.aba.com/?p=66191 The legislation includes provisions related to brokered deposits, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.

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]]> OCC seeks to clarify procedures for approving, denying filings https://bankingjournal.aba.com/2026/06/occ-seeks-to-clarify-procedures-for-approving-denying-filings/ Wed, 17 Jun 2026 20:09:04 +0000 https://bankingjournal.aba.com/?p=66131 The OCC issued a bulletin to clarify its standards for approving or denying filings, stating that “it is important that the public understand how filings are decided under applicable laws, regulations and policy.”

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]]> Senate, House committee leaders reach agreement on housing bill https://bankingjournal.aba.com/2026/06/senate-house-committee-leaders-reach-agreement-on-housing-bill/ Tue, 16 Jun 2026 23:41:31 +0000 https://bankingjournal.aba.com/?p=66109 The leaders of the House and Senate banking committees announced they had reached an agreement on a bipartisan housing bill that includes several provisions related to banking, from brokered deposits to de novo bank formation.

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]]> House passes housing package, banking bills https://bankingjournal.aba.com/2026/05/house-passes-housing-package-banking-bills/ Wed, 20 May 2026 19:10:10 +0000 https://bankingjournal.aba.com/?p=65610 The House voted to pass a bipartisan bill to bolster housing supply after the White House signaled its support for the measure. Lawmakers also passed three bills seeking to boost de novo bank formation and amend the brokered deposit framework.

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]]> Oregon adopts tax credit to spur de novo bank formation https://bankingjournal.aba.com/2026/04/oregon-adopts-tax-credit-to-spur-de-novo-bank-formation/ Wed, 29 Apr 2026 18:41:31 +0000 https://bankingjournal.aba.com/?p=65203 Oregon has adopted a new tax incentive in an effort to end a nearly two-decade drought in de novo bank formation in the state, according to the Oregon Bankers Association. It is the second state to adopt such an incentive, after Ohio.

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