(Washington, DC) The District of Columbia Department of Insurance, Securities and Banking (DISB) invites the residents of the District of Columbia to a public hearing on December 14 at 10 am at DISB’s offices, 810 First Street, NE, Suite 701, Washington, DC 20002.

The hearing is for the public to weigh in on the bank charter application for NuAmerica Bank. On Oct. 17, organizers for the proposed NuAmerica Bank (in organization) filed an application with DISB to establish a de novo commercial bank in the District of Columbia.  Pursuant to DC Official Code § 26-704(b)(1)(A)(2001), the commissioner of DISB will hold a public hearing on the application.
 
Any person who wishes to testify at the public hearing should contact Associate Commissioner for Banking Howard Amer at the address listed above or by telephone at (202) 727-8000 no later than noon on December 12.

Testimony should be limited to five minutes. Any person in need of a hearing or language interpreter may apply to DISB no later than noon on December 12 for the appointment of a qualified interpreter. The record of the hearing will remain open until December 20 for written comments to be submitted.

The public file for this application is available for inspection during DISB’s regular business hours, from 8:15 am to 4:45 pm at the address above.