Directors’ Services, LLC is a bank consulting company specializing in assisting nascent and existing community banks reach their goals. This is accomplished through a various professional services including de novo bank services, director development program, board evaluation, risk management, strategic planning and market research. Directors’ Services’ mission is to support community banks for the benefit of all stakeholders and local economies.
De Novo Banks
Since the economic crises of 2008, creation and approval of new banks has all but ceased. Since 2008 one new charter has been granted and three or four are estimated to be in various stages of the application process. Establishing new banks is essential to restoring community banks into the banking landscape. However, it is a process and must be completed correctly. The regulators have established specific criteria and standards necessary for approval. Today’s de novo bank applications exceed 2,000 pages of research, strategic planning, risk management and documentation. Completion of the application requires experience and knowledge at both the macro and micro levels. Directors’ Services experiences and processes address both the macro and micro levels and provide efficient and professional completion of the application.