Atlanta Partner Jonathan Hightower, DC Partner John ReVeal and San Francisco Partner Dan Wheeler hosted a webinar Dec. 16 on how to obtain a charter from the Office of the Comptroller of the Currency (OCC).

To view a recording of the complete webinar, please click here.

Topics included:
•Likely powers and benefits of the national charter
•Preemption of state law
•What it’s like to live under a national bank charter
•Likely capital requirements
•Raising capital
•Qualifications and restrictions on executive management and directors
•Management and investor requirements
•Business plan and financial statement requirements
•Regulatory reporting
•Compliance management systems
•Timeline
•Costs

Hightower focuses his practice in financial institutions law, including corporate, regulatory and securities work. He regularly advises banks and their boards of directors on strategic plans, including organic and acquisition growth plans, sale transactions, strategic mergers and capital raises, as well as on complex regulatory issues.

ReVeal is the Financial Institutions Group’s lead regulatory and compliance lawyer in the firm’s Washington, D.C., office. He leads the firm’s Retail Banking Team and is co-chair of the firm’s Payments Team. He advises banks and other financial services providers on consumer compliance.

Wheeler is a partner in the firm’s San Francisco office and is a member of the Financial Services Client Service Group. For 19 years, he has advised banks, financial technology companies, credit unions and other financial institutions on their most important challenges and opportunities.