The meeting will discuss FDIC regulatory requirements for new bank applications and highlight strategies for successful business models. Hollinger and Griffith along with John Funk advised Primary Bank on its formation last year. It was one of the first banks formed in the United States in more than seven years.
“It is an honor to be invited to this FDIC event,” said Griffith. “It is recognition of our firm’s experience in community banking and especially in bank formation.”
Attendees will include potential organizers, investors, and other proponents of potential new bank applications and advisors.
The meeting will seek input and information sharing from attendees to better understand and assist community banks, which play a vital role in the U.S. financial system and broader economy, providing critical banking services in small towns and rural communities. The FDIC views the sustainability of community banking as key to ensuring a robust and stable economy, and the meeting will explore strategies for the industry’s long-term success, including new banking entrants.
Gallagher, Callahan & Gartrell’s banking practice has represented financial services clients on leading-edge issues. The firm is a recognized leader in serving financial services clients’ general and specialized needs in local, state and federal matters.
U.S. News & World Report – Best Lawyers® awarded the firm two “Best Law Firms” tier-one rankings: in Banking and Finance Law and Financial Services Regulation Law.
Learn more at: www.gcglaw.com.