Home About Attorneys Legal Services News & Events Contact De Novo Banks De novo, or newly chartered, banks have been a key part of the financial services landscape in the United States. De novo banks have offered communities with competitive and enthusiastic alternatives to larger banks. While the FDIC has recently relaxed some of its more restrictive regulations pertaining to de novo banks, the challenge for most de novo bank applicants today continues to be whether they can generate adequate returns for stockholders in view of the higher federal bank regulatory capital requirements. We guide our de novo bank clients through all aspects of the regulatory process involved in obtaining a de novo bank charter, including advising clients on the various regulatory requirements for obtaining a de novo charter, advising on charter choices and corporate structure, reviewing the client’s business plan, explaining banking regulations, preparing corporate governance policies and procedures, raising capital (either publicly or privately), and executive compensation and employee benefits matters. Attorneys in Luse Gorman have completed a number of national and state bank de novo charters, and we are optimistic that de novo charters will continue to have an important role in community banking in the United States. Luse Gorman, PC 5335 Wisconsin Avenue, NW Suite 780 Washington, D.C. 20015 Phone: 202.274.2000

Home About Attorneys Legal Services News & Events Contact Corporate Governance We counsel boards of directors, board committees and management of public and private companies on a wide range of corporate governance issues. Our attorneys routinely work with institutions to develop key governance documents, such as charters, articles of incorporation, bylaws, committee charters, and “best practices” policies and procedures, and educate directors and officers on their ongoing fiduciary duties. We also help clients to understand and comply with the laws, regulations and stock exchange listing standards that govern director and auditor independence standards, executive compensation planning, and mandatory corporate disclosures, among other matters. We have extensive experience in guiding clients through executive succession; corporate control issues, including proxy contests, hostile takeovers and anti-takeover planning; forming special committees and conducting internal investigations; responding to regulatory investigations and inquiries; litigation avoidance; and developing compliance programs. In every representation, we provide critical education and help clients to examine the practical and legal implications of taking a particular course of action, including evaluating potential regulatory consequences and responses from proxy advisory firms and shareholders. Luse Gorman, PC 5335 Wisconsin Avenue, NW Suite 780 Washington, D.C. 20015 Phone: 202.274.2000