Representation of Financial Institutions

Experienced Banking Law Attorneys

We have extensive experience in providing legal services to banking and financial institutions, customizing our approach to align with the objectives of national and regional financial organizations, community banks, and credit unions.


The experienced attorneys at Craig & Craig, LLC have a deep understanding in the intricate web of federal, state and local laws under which financial institutions operate. Having represented large and small banks and credit unions, we offer a wide range of experience that will benefit our clients. We have decades of experience in collections, foreclosures, drafting of loan documents, handling issues arising from complaints to the Federal Reserve, appeals, as well as day-to-day issues that arise in the operation of the financial institution.


Leveraging their wealth of experience, a robust technical comprehension, and a keen awareness of the challenges confronted by financial institutions, our banking law attorneys craft practical, client-centric solutions to meet their specific requirements.


We have a proven track record of assisting numerous institutions in the preparation and processing of applications for various purposes, such as de novo bank charters, fiduciary powers, deposit insurance, changes in bank control, and the establishment of bank holding companies.


Banking Law

What is involved in Banking Law?

Banking law refers to the body of legal regulations and principles that govern the operations and activities of banks and financial institutions. It is an area of law that encompasses various aspects of the financial industry, ensuring the proper functioning, stability, and integrity of banking systems. Here are key components of banking law:



  • Banking Operations:
  • Banking laws regulate the day-to-day operations of banks, including the acceptance of deposits, lending practices, electronic funds transfers, and the issuance of financial instruments such as checks and drafts.
  • Consumer Protection:
  • Banking laws often include provisions to protect the rights and interests of consumers who engage in banking transactions. This may involve regulations on disclosure of terms and conditions, fair lending practices, and the handling of customer complaints.
  • Bank Charter and Licensing:
  • The establishment and operation of banks are subject to specific legal requirements. Banking laws outline the process for obtaining a banking charter, licensing, and the criteria banks must meet to operate legally.
  • Financial Regulations:
  • Banking laws include regulations that address the financial health and stability of banks. This may involve capital adequacy requirements, risk management, and measures to prevent financial crises.
  • Securities and Investments:
  • Banking law often intersects with securities law when banks engage in investment activities. Regulations may cover issues such as the sale of securities, investment advisory services, and the management of investment portfolios.
  • Anti-Money Laundering (AML) and Know Your Customer (KYC) Regulations:
  • To combat financial crimes, banking laws include provisions related to AML and KYC. Banks are required to implement measures to prevent money laundering, terrorist financing, and ensure they know the identities of their customers.
  • Bankruptcy and Insolvency:
  • Banking laws address the procedures and regulations applicable to banks facing financial distress, insolvency, or bankruptcy. These laws aim to protect depositors and maintain financial stability.
  • International Banking:
  • With the globalization of financial markets, banking law may also have international dimensions. Regulations may cover cross-border transactions, foreign exchange, and the activities of international banks.
  • Regulatory Compliance and Oversight:
  • Regulatory bodies, such as central banks and financial regulatory agencies, play a significant role in overseeing and enforcing banking laws. Compliance with regulations is essential to ensure the stability of the financial system.


Banking law evolves in response to changes in the financial landscape, technological advancements, and global economic conditions. Legal professionals experienced in banking law help ensure that financial institutions operate within the legal framework, protecting the interests of both the institutions and the public. The attorneys at Craig & Craig LLC have experience working in Banking Law and are familiar with the complexities involved.