Bank Formation & Structural Changes

BuckleySandler assists banking clients with all aspects of regulatory applications and other formation activities, including:

• De Novo charters
  • Preparing and submitting charter applications (both federal and state)
  • Preparing and submitting the Federal Deposit Insurance Application
  • Assistance on the business plan
  • Drafting offering documents and addressing all federal and state securities laws
  • Review of bank policies and procedures
  • Assistance in establishing Best Practices in corporate governance
  • Drafting of employment agreements and stock option and grant plans
  • Negotiating and drafting agreements with third party providers
  • Counseling of board members as to fiduciary duties and minimizing personal liability
• Bank Holding Company Act, Bank Merger Act and Change in Bank Control Act filings and approvals
• Corporate reorganizations, including going private transactions
• New banking and nonbanking powers
• Formation of bank holding companies
• Facilitating meetings with federal or state regulators 
• Drafting and reviewing corporate documents and policies

BuckleySandler also assists its banking client in pursuing strategic activities to enhance or grow their business operations, including:

• Bank mergers and acquisitions
• Stock repurchases, reverse stock splits, tender offers, proxy contests and other shareholder activities
• Stock acquisitions and assumption transactions
• Acquisition of nonbank companies such as insurance agencies and mortgage companies
• Raising capital (public and private)
• Joint ventures
• Entry into other banking and nonbanking activities authorized by law or regulation