WINTER PARK, Fla.–The first de novo national bank has been chartered since the financial crisis of nearly 10 years ago.
Winter Park National Bank was presented its license to operate by the acting comptroller of the currency personally, who noted the “rare” circumstance.
But Acting Comptroller Keith A. Noreika added, however, that while the interest in establishing new banks is “thawing as the economy warms,” the chartering of de novo banks remains “exceedingly rare.”
“Making the process of establishing de novo banks more efficient can only accelerate the recent positive trend and create more economic opportunity for consumers, businesses, and communities across the nation,” he said.