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BankNews: De novo applications are on the rise but face many headwinds

In the past 25 years, the number of community banks has decreased by half to right around 4,000 institutions. Part of the reason for the decline is the dramatic fall in the number of new banks starting up, particularly since the financial crash of 2008. As the community banking model continues to feel the stress of the contemporary landscape, and many seek efficiency through mergers in order to survive, where and how can a de novo effort succeed or fail?

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