Promoting New Bank Formation Act of 2025

This bill aims to support new bank formation, particularly in underserved communities, by easing capital requirements for newly established rural community banks. It creates a 3-year phase-in period for these banks to meet federal capital standards and sets a lower 8% leverage ratio during this period, reducing initial regulatory burdens. The bill also allows new banks to request temporary deviations from approved business plans during the phase-in period, with agencies required to respond within 30 days. Additionally, it mandates a study by federal banking agencies on barriers to new bank formation and ways to increase banks in underserved areas, with a report due to Congress within one year.