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.