Thursday, April 9, 2015
As a bank or bank holding company prepares a timeline for a merger, consolidation, or other strategic transaction, one of the most difficult variables to budget for is the time necessary to obtain regulatory approval at both the state and federal levels. This Client Alert (link above), issued by the Wyrick Robbins Banking & Financial Institutions practice group, offers a series of suggested steps likely to minimize the uncertainties in the regulatory approval process and streamline the transaction timeline.