Our attorneys have represented financial institutions before all of the federal banking agencies, the SEC, and state financial regulatory divisions. We are an established leader in handling significant and complex transactional and regulatory matters and ongoing compliance issues for commercial banks, savings institutions, credit unions and trust companies.
For more than 50 years, we have represented financial service companies before the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and financial regulatory divisions across various states. Our representation has included holding company formations, mutual to stock conversions, mutual holding company formation de novo chartering, branch acquisitions/dispositions, mergers and acquisitions of financial institutions or branches, agency transactions, affiliated transactions and other regulatory matters.
A leader in compliance issues
We are a recognized leader in managing significant and complex transactional, regulatory, and ongoing compliance matters for commercial banks, savings institutions, credit unions, trust companies, and financial institution holding companies, and their affiliates and subsidiaries. Financial institutions operate under extensive federal and state regulatory oversight, and we maintain strong working relationships with these regulators to support our clients effectively.
Our clients rely on us for practical advice when making important decisions
Our banking and credit union attorneys provide sound, practical advice on a wide range of matters, including securities offerings, mergers and acquisitions, and regulatory enforcement and compliance. We frequently counsel boards and management on federal and state banking laws and regulations related to bank and thrift holding companies, change in control regulations, lending limits, privacy laws, affiliate transactions, corporate powers, and conflicts of interest.
When regulatory examinations identify compliance issues, our experience helps facilitate timely resolutions, including the negotiation of supervisory formal or informal agreements that enable our clients to operate successfully.
Planning, Enforcement Issues, and Strategic Negotiations
A significant part of our regulatory practice involves enforcement matters, including advice on examination findings and negotiation of informal and formal enforcement agreements; operational matters, including lending limits, affiliate and insider transactions; and corporate governance matters. Many of our attorneys have prior experience working within the federal regulatory agencies before which we now represent clients. This background enhances our ability to provide effective counsel, particularly when planning complex transactions.
Charter choice alternatives
We advise clients on corporate structuring matters such as charter conversions, holding company formations, public and private mutual holding companies, de novo bank formations, capital raising options, and corporate governance. We served as counsel for the first mutual-to-stock thrift conversion and are widely regarded as the leading law firm nationally in advising credit unions on conversions and charter choice alternatives.