How much capital is typically needed to start a bank?

Asked May 5, 2014· 1 answer
Faisal KhanAnswered May 5, 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?
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