How much capital is required to start a bank?
Banking
Asked by Question Bot05/May/20141 answer
1 Answer
F
Faisal Khan
Answered 05/May/2014
It all depends, how big or small the Community Bank you are trying to start is - you could literally go out and buy one today, pricing varies, $ 2 Million to $5 Million is the average cost.
The Federal Reserve has a dedicated page for how to start a bank: http://www.federalreserve.gov/fa... which may prove helpful, also a must is to read up on Office of the Comptroller of the Currency - there page is at: http://www.occ.treas.gov/
See also: How does one start a commercial bank?
The Federal Reserve has a dedicated page for how to start a bank: http://www.federalreserve.gov/fa... which may prove helpful, also a must is to read up on Office of the Comptroller of the Currency - there page is at: http://www.occ.treas.gov/
See also: How does one start a commercial bank?