Tag: New Bank Applications

Why Your Bank Is Going To Be Worth A Lot of Money

Bank valuations and new bank applications

The new bank application department at the FDIC was a little slow in 2014. Before the recession, it was common for the FDIC to get 250 applications per year and approve 159 of those.  In 2014, only Primary Bank (in organization) filed an application (still pending). Part of the issue is that if you are crazy enough to want to start a bank you are probably too dysfunctional to handle the management of a bank.

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