Troutman Sanders Counsels Tandem Bank in Approval for Charter
ATLANTA – Troutman Sanders LLP advised Tandem Bank in acquiring regulatory approval from the Federal Deposit Insurance Corporation and Georgia Department of Banking and Finance, to open the first traditional bank in Georgia since 2008. Tandem Bank is anticipated to primarily serve customers in Tucker and the surrounding metro-Atlanta region and focus on commercial banking. Detailed information regarding the Georgia Department’s approval can be found here.
Atlanta partner James Stevens and associate Brenna Sheffield are representing Tandem Bank with its formation. Troutman Sanders’ Financial Institutions practice has helped form dozens of de novo banks over the past 25 years and is working with a number of groups throughout the country seeking to form state and national banks, trust companies, consumer and commercial lenders and other financial services providers.
About Troutman Sanders With a diverse practice mix, workforce and footprint, Troutman Sanders has cultivated its reputation for a higher commitment to client care for over 120 years. Ideally positioned to help clients across sectors realize their business goals, the firm’s 650 attorneys transact for growth, resolve mission-threatening disputes and navigate complex legal and regulatory challenges. See troutman.com for more information.