Potential De Novo Benefits
  • Monitor progress through the entire regulatory approval process
  • Select proven initial policies and structures
  • Identify technology options and solutions
  • Benefit from a flexible, scalable approach

De Novo Banks

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Running a bank is hard work. Starting a new one doesn’t have to be. The BKD National Financial Services Group has the experience to guide you through the intricate process of creating a de novo bank, and the resources to make it happen. Let us put our insight to work for you.

Our de novo solutions include:

Regulatory Approval

BKD can prepare filings with the appropriate state and federal regulatory agencies to establish your new bank charter and obtain the required deposit insurance. Our advisors also can assist in creating a comprehensive business plan and related financial projections that create a vision for your new bank.

Structure

BKD can assist you in choosing the appropriate structure, including the establishment of a holding company, electing S corporation tax status and other important structuring decisions.

Capital

Accurate capital projections and financial data are crucial to a successful de novo bank application. BKD has helped a substantial number of de novos prepare the necessary documents and has the insight and experience to help guide you through the process of determining the appropriate level of capital to support your business plan.

Technology

Working in conjunction with BKD Technologies, we can help you with your data processing and technology decisions, including computer selection, proof processing, compliance systems, document capturing, network discussions, ATMs and teller machines.

Growth Planning

Using our extensive knowledge of the industry, our consultants have helped hundreds of banks plan for the future. Our advisors know the questions crucial to compiling an effective growth strategy and have the passion to help you take your business to the next level.

De Novo Solutions Sheet

For More Information

Contact your BKD advisor or:

Don Hutson
BKD Financial Services Group Leader
800.783.8515