In January, Representative Andy Barr introduced HR 478, a bill that suggests a three-year phase in period for de novo banks in rural areas. In 2024, a report by the Congressional Research Service ...

According to the Federal Deposit Insurance Corp., there were 9,943 banks in 1995, while that number has shrunk to 4,036 as of 2023. De novo banks have become increasingly rare, a fact which has ...

Here are five things to know about the company’s de novo strategy: 1. USPI added nearly 70 ASCs in 2024, remaining “very active in both [mergers and acquisitions] and de novo development.” The company ...