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February 14, 2020

Independent Banker

Thomas Ko was quoted in a recent Independent Banker article titled “Are De Novos Making a Comeback?” which covers the increase of de novo banks.

The article notes that the decline in de novo applications in the wake of the recession appears to be reversing. However, Thomas adds that the “criteria are much tougher, and the [regulators] expect much more capital from de novos.”

Click here to read the full article.