Edgar J. Garrett Jr.

Professor of Legal Studies, College of Business, East Texas A&M-Commerce

Edgar J. Garrett Jr. is a professor of legal studies, college of business at East Texas A&M-Commerce.

Community banking

De novo banking bill could pose a threat to existing small banks

A proposal before Congress would incentivize the creation of new banks by offering capital relief. This would give de novo banks a competitive advantage over incumbent community banks.

By Srinivas Nippani

March 25