New Bank Formations

Ardmore has worked with multiple investors in de novo banks over many years in planning and executing the formation of charters and the implementation of the many tasks to open the doors.  Additionally, Ardmore has provided ongoing outsourced consulting to banks once they are opened, and during their initial growth stage and beyond.  

  • Evaluation of opportunity for new bank charter
    • Strategic Plan
    • Location/Geography
    • Focus of Services
    • Coordination of Professionals (feasibility study, legal, accounting, search firms)
    • Regulatory Guidance
    • Staffing Plans
       
  • Director Training & Guidance
    • Duties
    • Commitment
    • Pitfalls
    • Regulatory Expectations
       
  • Guidance on Business Plan & Budget
     
  • Guidance in Hiring
     
  • Guidance in Vendor Selection
     

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