New Bank Charter Applications Increasing

New bank charter applications are on the rise, “galvanized by prospects of more vigorous growth, lower taxes and a gentler regulatory environment under President Donald Trump,” reported the FT. “The FDIC is weighing six applications for bank charters from five investor groups, across California, Tennessee, Georgia, Florida, and Texas,” the article said.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s