Requirements to Apply to a Bank Charter at the Catawba Digital Economic Zone
The Catawba Zone Authority here establishes the application requirements and the process to obtain a bank charter in the Catawba Digital Economic Zone, under the supervision of the Banking Commission.
List of documents that need to accompany the Charter Application form
The following is the complete list of documents applicants need to provide to apply for a bank charter. These requirements were last updated on February 7, 2023.
Bank Charter Application Form
Business Plan
CDEZ Certificate of Good Standing
CDEZ Certificate of Organization, or Articles of Incorporation or Charter
Contracts/Agreements with Service providers
Directors Resume
Notarized Bank Director’s Oath
Notarized Bank Director’s Oath
Interagency Biographical and Financial Report
Fingerprint Card
Independent Appraisals, Market Valuations, and Comparisons
Stock Benefit Plans regarding employment and compensation
Existing Contracts involving the institution, the holding company and its affiliates (if applicable), and any organizer, director, senior executive officer, shareholder owning more than 10%, and other insiders.
Proof of Payment for charter application
Proposed Bylaws
Stock Benefit Plans
Community Reinvestment Act (CRA) Plan
Technology vendor agreement documents
Technology vendor agreement documents
Bank Secrecy Act Program
Financial Projections
Employment/Compensation Agreements
Other contracts/Agreements
Market Feasibility study/ Economic Survey
Policies
Director’s affiliation document
Steps to Apply for a Bank Charter
- 1. Complete and sign the application form, based on the Interagency Charter and Federal Deposit Insurance Application. (FDIC)
- 2. Transfer the application fee ($50,000 USD) or to the designated bank account or wallet for bank charter applications.
- 3. Upload all relevant documentation to this link.
For Existing Customers
If you are an existing customer, are not looking to apply for a bank charter, and are only looking for information regarding shortlisted banks we have established relationships with that service CDEZ legal entities, click on any of the links below. For help with this process, fill out this form
Pinnacle Bank
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