© Copyright 2009 Bank Brokers LLC
Website designed by: Andy Slipher - www.slipher.com
Bank Brokers LLC is not a chartered bank or trust company, or depository institution.
It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority.
BANK BROKERS LLC, 801 Tealwood Circle, Flower Mound, Texas 75028
(469)-387-0877
Banks for Sale
National Charter Bank - Texas - For Sale
Asset size $50 million -profitable-rural market
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New Mexico Bank - For Sale
Major metro market, excellent financials and management. $15 million purchase price.
How long does it take to find a bank?
As you might expect, many bank owners will not readily discuss their selling interest until they reach a comfort level with us. That may take several contacts. On the other hand, others will readily tell you that their bank is for sale and often have a price in mind. Therefore the timetable will vary.
How much does a bank cost?
Like every business, each bank has characteristics that make it unique and that affect the price. Those characteristics often center on market, expertise, present earnings, etc. The due diligence process will greatly assist you indetermining a true cost. Proof of funds is required before we can match you to a targeted bank.
What do you do?
We can best be described as a “finder” of banks for sale and always represents the buyer. We work with our clients to define the type and description of banks that will best meet their needs. That definition includes such factors as the type of charter, location of the bank, size of investment necessary, etc. We'll help you navigate the maze of filing and regulatory issues associated with bank acquisition.Then, we go to work for the client contacting banks that meet that description. Once a bank is located and both the bank and the client have a legitimate interest, we make the introduction. From there, we assist our client in closing the transaction.
Bob McComas
President & CEO
How do I get Started?
We often get the same questions when discussing bank acquisitions that may assist you before you contact us and we share some of those with you here:
Bank Brokers LLC -
A National Bank Mergers and Acquisitions Company
Professional, Expert Bank Mergers & Acquisition
Whether you are a bank seeking to expand your footprint, seeking an exit strategy, wanting to purchase a bank as an investor group, or desiring to start your own bank, count on Bank Brokers. We provide solutions for state and national banks, state savings banks and state and national savings & loans.
Bank Brokers locates banks and branches for acquisition/ merger, assists selling banks in developing a successul exit strategy, develops investor groups, locates strip charters for banks desiring to move quickly into operation, and conducts management/ board searches. Our diverse client base covers the United States, Japan and Europe.
Learn More About:
Selling & Exit Strategies
Buying, Merging & Expanding
Fed Reserve Board Announcement:
On July 23, 2009, the Federal Reserve Board issued two proposals to amend Regulation Z, which implements the Truth in Lending Act (TILA). One addresses closed end mortgages and the other home equity lines of credit (HELOCs). These changes, if adopted, will profoundly transform the timing, format and content of disclosures for all real estate-secured lending to consumers.
At the same time, relying on its authority to prohibit unfair practices, the Fed is proposing new, substantive limitations on the treatment of compensation to mortgage originators—both wholesale and retail. This will limit the manner in which brokers and employees of creditors can be compensated.
In an important aside, the Fed says it has committed to working with HUD on a coordinated TILA-RESPA disclosure, in order to eliminate the confusion and overlap of the two disclosure requirements.