> Blame the Fed, I guess? De novo charters aren't being handed out anymore apparently
They are, though not many (I think two in the last four years); a big part of that, AFAIK, is that applications (and, perhaps more fundamentally, investors willing to supply capital for de novo banks) have dried up since the 2009 financial crisis, though several sources this year have reported signs of a potential incipient rebound in the space.
They are, though not many (I think two in the last four years); a big part of that, AFAIK, is that applications (and, perhaps more fundamentally, investors willing to supply capital for de novo banks) have dried up since the 2009 financial crisis, though several sources this year have reported signs of a potential incipient rebound in the space.