Get De Admin. Code 700 Banking De Admin. Code 703 Application For ... - Regulations Delaware

This guide provides a detailed roadmap for effectively completing the DE Admin. Code 700 Banking DE Admin. Code 703 Application for a Certificate of Public Convenience and Advantage. Users with varying levels of experience can navigate the process confidently by following each step outlined here.

Follow the steps to accurately complete the application form.

1. Press the ‘Get Form’ button to obtain the application form and open it in your preferred editor.
2. Input the proposed title, street address, city, county, state, and ZIP code. Ensure all information is accurate to prevent delays.
3. Indicate the type of business by checking the appropriate box. Choose from 'Commercial Banking' or 'Trust Business' to specify your focus.
4. The undersigned prospective incorporators must jointly apply for the certificate. Each incorporator must certify their age and confirm that they are not acting as agents for anyone undisclosed to the State Bank Commissioner.
5. Provide detailed financial history, including a pro forma statement of condition. List all assets and liabilities accurately with corresponding amounts.
6. Complete the section regarding premises to be occupied by the bank, indicating the type of occupancy and providing descriptions of the premises.
7. Address proposed investments in furniture, fixtures, and equipment by detailing the total number of units and their costs, noting whether they are owned or leased.
8. Outline any relationships or associations with the bank, ensuring to disclose insider transactions as required.
9. Complete the organizational expenses section, listing all costs related to setting up the bank, along with any projections for incomings and outgoings.
10. Finish filling out all sections related to management and community integration, including details about directors, officers, and the service area for the bank.
11. Once completed, review all sections for accuracy, save your changes, and prepare to download, print, or share the form as needed.

Begin your application process online and ensure all required documentation is submitted accordingly.