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Are you looking to organize a bank or is your bank less than 3 years old?
PCBB is known throughout the Western United States as the "Premier Provider" for De Novo Banks!
PCBB has been providing high quality, competitively priced, correspondent banking services for over a decade. PCBB services the needs of 'Proposed' and 'In Organization' banks and existing banks who are raising capital.
Our primary footprint extends throughout the western United States, including banks in Arizona, California, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming.
Do you need help organizing your bank – PCBB can help!
Our De Novo Bank Services Include:
Dedicated Customer Services:
Our respondents are supported by experienced professional teams including impound/escrow account representatives, relationship managers, client services representatives, loan officers, capital market specialists and technical support staff. Our teams are focused on our respondents’ specific needs with a goal of contributing to the success of each bank. PCBB prides itself on providing exceptional, high-quality customer service and support to our respondents.
Impound/Escrow Accounts:
PCBB serves as the Impound/Escrow Agent for In Organization banks. PCBB makes tracking capital raising easy for In Organization banks through up-to-date subscription activity accessed through Correspondent Bank Connection (CBC), PCBB’s secure online Cash Management Platform. CBC allows you to track funds as they are received during your capital raising campaign.
Full Suite of Correspondent Banking Services that Save Time and Money:
PCBB offers a full suite of correspondent banking services to our respondents, including one of the most successful Fed Funds "As Agent" programs, a full Settlement service, as well as Domestic Wires and International Payments.
Organizational Loans for De Novo banks:
PCBB can provide an Organizational Loan to cover pre-opening expenses for your De Novo Bank.
Fed Funds Facilities for De Novo banks:
A Fed Funds Facility can be provided to cover potential overnight overdrafts in your respondent account.
Opportunity to Buy and Sell Loans:
PCBB buys from and sells Loan Participations to its respondents. This enables our respondents to make larger loans that exceed their loan limits, thereby allowing them to meet important customers’ credit needs. Respondents can also buy and sell whole loans through Banc Investment Group (BIG), a subsidiary of Pacific Coast Bankers' Bancshares. This allows our respondents the flexibility to adjust their portfolios when necessary.
Access to Investments, Consulting and Funding Services:
Through Banc Investment Group (BIG), De Novo Banks have access to a full range of products and services to help a new bank get off the ground. These services range from pro forma asset-liability assistance, performance positioning, product design and customer profitability. It is far easier to put the right infrastructure in place from the beginning than it is to change old habits. Get your bank off to a fast start by leveraging the industry’s best practices.
Additional Services through our Participating Vendors:
PCBB offers additional services through our Participating Vendor program. These companies are market leaders offering services including:
State Agencies Regulating and Chartering Banks and Financial Institutions:
If you want to start a new bank in any of the states below, open a branch of an existing bank or purchase a bank, below are the state agencies that regulate financial institutions. Forms needed for the application process are usually available online. Understanding the application process, executing all requirements and continually updating regulators are good ways to streamline the application and approval process for De Novo Banks.
Link below to learn more about the Banking Services we provide!
"We selected PCBB because we knew the regulators were comfortable and familiar with their organization. We also knew that they had helped a lot of de novo banks with getting started. PCBB turned out to be a terrific choice for our bank’s initiation! We were kept informed through critical timely reports made available and updated continually on-line. We also found the people very responsive and informed." ~
Michael F. Richards, President & CEO, Bank of Bozeman, Bozeman, MT |
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