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If someone wants to start a bank today they would have to: obtain a charter from the federal government. simply have $5 million is startup

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If someone wants to start a bank today they would have to: obtain a charter from the federal government. simply have $5 million is startup capital, a charter is no longer needed. obtain a charter either from the federal or state government. obtain a state charter, the federal government stopped issuing charters in 1970

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