CASH MANAGEMENT · DE NOVO BANKING SERVICES
De Novo Banking Services
For over 25 years, PCBB has helped more than 300 de novo banks. We start working with you during the organization stage and stay with you as your bank grows. Instead of joining after launch, we partner with your team from the very beginning and remain a long-term correspondent banking partner.
Executive Summary
PCBB offers correspondent banking services for de novo banks, supporting more than 300 institutions from organization through growth. Our solutions include settlement, domestic and international payment services, lending, risk management, profitability, deposit and loan pricing, and much more.
How PCBB Supports Your Institution at Every Stage
Each stage of a de novo bank’s journey brings new business needs. PCBB provides the right infrastructure and support at every step, so your team can focus on building and growing your bank.
In-Organization
After your application is approved and your business plan is set, the focus shifts to raising capital, building your team, and preparing for launch.
During this phase, PCBB helps your institution establish escrow and operational accounts and banking infrastructure. While your team handles regulatory requirements and organizational matters, your banking services are set up in the background, helping you avoid delays once approved.
This way, your bank moves toward opening day with systems and relationships already set up.
PCBB Provides
- Escrow accounts for capital collection
- Operational account setup
- Guidance on how to structure your correspondent banking relationship
De Novo Period
Once your bank opens, it enters the de novo period, where regulatory requirements remain in place and growth tends to be more measured.
These services support day-to-day operations and give your team a clearer view of liquidity and payment activity, even early on. An experienced correspondent partner can also help make that shift into active operations easier to manage.
Included Services
- Settlement Services for the FedNow® Service, ACH, and RTP
- Domestic Payments
- Overnight sweep options
Mature Bank
After the de novo period, your consent orders and/or application constraints will be removed.
As your institution’s needs evolve, your correspondent banking relationship can evolve with you.
At this stage, the focus is on optimizing and improving long-term performance. PCBB continues to support you as your correspondent partner.
In addition to core operational services, PCBB offers Advisory Solutions that can help support more advanced financial management and strategic decision-making.
Advisory Solutions
The Stages of Becoming a Bank
In-Formation
- Establish core team
- Register corporation
- Build business plan and application
In-Organization
- Application approved
- Business plan approved
- Permission to begin capital raise
De Novo
- Open for business
- Approved by state and federal regulators
- Consent order and/or application restrictions
Bank
- Profitable entity
- Consent orders and/or application constraints removed
- Just like any other bank
Correspondent Banking Services to Support Your Growth
As your bank grows, you will need different services at different times. PCBB’s offerings are designed to support you as you progress, without needing to change providers or rebuild your systems.
In-Organization Services
Before opening, having the right accounts and funding structure in place makes the rest of the process easier to manage. PCBB provides escrow accounts for capital collection and operational accounts to support early activities. Together, these services help establish the financial foundation needed during organization.
Once your bank is operating, managing settlement activity and liquidity becomes part of the day-to-day. PCBB supports this through its Cash Management Services, delivered through the online platform Correspondent Bank Connection (CBC). This includes Settlement, Domestic Payments, and overnight sweep options, helping your team manage funds without adding extra infrastructure.
As your customers’ needs grow, having access to International Banking Services becomes more important. PCBB helps with International Payments, Foreign Checks and Banknotes, and FX Forward Contracts. This lets your bank offer more services without needing new relationships.
As your bank grows, PCBB’s Advisory Services help transform operational data into actionable insight. Solutions for Customer Profitability, Deposit and Loan Pricing support strategic decision-making and financial analysis, while CECL and Credit Stress Testing help support risk management and regulatory preparedness.
Why De Novo Institutions Choose PCBB
Choosing a correspondent bank is a long-term decision, and many institutions look for a partner who understands how a de novo bank evolves over time.
PCBB has supported more than 300 de novo banks over the past 25+ years, from organization through growth. That experience informs how we deliver services and build responsive, lasting relationships at every stage of growth.
As a correspondent bank, PCBB does not compete with its clients.
The relationship often begins earlier than it does with other providers and continues as the institution matures.
Institutions also benefit from:
- A full set of services that scale with the bank as it grows
- Dedicated relationship teams rather than a general service model
- Consistent operational infrastructure from organization through maturity
PCBB has received a 4.5/5 customer satisfaction rating in an independent survey, reflecting the strength of its long-term relationships.
PCBB feels like an extension of our bank — helping us grow our customer base and loan portfolio while managing lending limits every step of the way.
I have worked with PCBB through starting 2 new de novo banks. They were the first to take a risk on a new bank. PCBB stands up for its customers. That loyalty stays forever with us as we grow our bank
Get Started with De Novo Banking Services
If your team is preparing to form a bank or is already in the process, your next step is to establish the right operational structure from the start.
PCBB understands the operational lifecycle of forming a community financial institution. We can help identify which services you need at each stage, set up the right accounts and infrastructure, and support your bank as it grows.
Frequently Asked Questions
A de novo bank is a newly formed financial institution that has received regulatory approval and is in the early stages of operation. During this period, the bank typically operates under additional oversight as it works toward stability and growth.
Institutions should engage with a correspondent bank during the in-organization stage. Starting early allows accounts, funding structures, and operational services to be set up before opening, helping avoid delays later.
At the in-organization stage, PCBB supports capital collection through escrow accounts and helps establish operational accounts for early activity.
Yes. PCBB’s services are core-agnostic and are designed to work alongside your existing system, so there is no need to integrate with a specific provider.
The relationship continues as your institution grows. Core correspondent banking services remain in place, with additional support available through advisory services, lending support, and expanded banking capabilities as your operational and strategic needs evolve.
PCBB is focused on supporting community financial institutions and does not compete with its clients. We build long-term relationships designed around the unique needs of community financial institutions, often supporting institutions from the earliest stages of organization through ongoing growth and operational needs.
Ready to Start Your Bank?
Schedule a demo to speak to our experts about how we can support you in starting your bank or download our brochure to learn more.
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