| banking [Starting a bank?] |
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MBG
New Poster
Cash: $ 0.50
Posts: 2
Joined: 25 Sep 2005
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| banking [Starting a bank?] |
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I was reading about a guy that started a bank out of his trailer. I was just curious on how you oculd do that and waht is involved in "banking"....
anybody know?
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Sat Oct 01, 2005 4:10 am |
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meganoye
New Member
Cash: $ 1.25
Posts: 6
Joined: 07 Oct 2005
Location: knoxville, iowa
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is that legal?!
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Fri Oct 07, 2005 10:33 pm |
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ryanmercer
Contributing Member
Cash: $ 8.35
Posts: 46
Joined: 04 Oct 2005
Location: Indianapolis, Indiana
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First, I don't think that is all that legal. Second, it would be hard to find people that would trust you with their money as you wouldn't be FDIC ensured... and could just up and dissapear one day. Also you aren't going to be able to offer them checkign services, debit/atm cards, decent interest...
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Sun Oct 09, 2005 8:45 pm |
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Erictronik
New Poster
Cash: $ 0.00
Posts: 2
Joined: 11 Oct 2005
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| I'm a doofus. |
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[Don't spam. Read the rules.]
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Tue Oct 11, 2005 6:45 am |
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