Financial Institutions Corporate and Regulatory
McAfee & Taft has a long history representing banks and other financial institutions. We represent local, regional and national financial institutions in all aspects of their relationships with borrowers, depositors, regulators, investors, directors and employees. We facilitate acquisitions, sales and mergers for community and regional banks and other financial institutions. We participate in strategic decision-making to assist in analyzing the risks and regulatory requirements of new loan or deposit products or other lines of business.
We regularly represent banks, savings associations, credit unions, and supervised lenders and their affiliates in transactions with their regulators, investors, directors, affiliates and others. We form banks and savings associations (at both state and national levels), bank, savings and loan and financial holding companies, and subsidiaries, as well as assist such entities in merger and acquisition activities. We establish branches, convert charters, and obtain licenses and approvals for various forms of activities. We assist in buying and selling financial institution assets (including branches), acquiring distressed assets and the assets of failed institutions, and raising capital.
We help banks determine the activities in which they can lawfully engage and how to structure those activities so that they comply with all applicable laws and regulations. These activities include:
- New charters
- Bank mergers and acquisitions
- Purchases and sales of branches and subsidiaries
- Bank holding company formations
- Initial public offerings
- Subchapter S issues
- Private placements of debt and equity securities
- Securities law compliance
- Employee stock ownership plans
- Insurance and securities brokerage
- Corporate governance
We have also defended against regulators in actions to impose civil money penalties, revoke charters and licenses, and terminate deposit insurance. See Troubled Banks.