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Tom Curry Quoted on Federal Bank Charters in American Banker 

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Tom Curry, a partner in Nutter’s Corporate and Transactions Department and co-leader of the firm’s Banking and Financial Services group, elaborated on how there are pros and cons to each type of federal bank charter in American Banker. In the article, “Robinhood Angered Banks. Now it wants to be one,” Tom said, “There’s a real appeal to have FDIC-insured deposits, which are both stable and a cheaper source of funding. But if you’re going to be a full-service bank, there may be higher regulatory expectations in terms of what is expected from a risk management perspective and other factors.”

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