Shareholders, who are responsible for making the appointments, shoulder a specific responsibility that is also in their own interest: they must exercise their voting rights, in the awareness that the objective of a fair economic return on capital invested cannot be achieved without the scrupulous administration of the intermediary by the management bodies.
Counting these charters, 718 charters have been issued since the beginning of 2000. Over that same period, for every three banks that disappeared through consolidation, another two new charters were granted. In total, the new charters represent about $ billion in new equity capital invested in community bank charters.