User:Dk70030

how to create bank - Determine a need. Why are you opening a bank? Are there local community banks in your area? Any business will only succeed if there is a market. People in the area need the product you are trying to sell them

Appoint a board of directors. Typically, this is five to thirteen people. The board of directors oversees the strategic plan of the bank, and makes sure employees at all levels comply with company policies and federal regulations.[1] Board members should not be directly involved with the bank, and a few should have previous banking experience. Appoint a few members over the regulation level in case someone drops out for any reason.