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Greyson E.

Now is the Time to Charter a New Bank

The banking industry is in need of new community banks. At the beginning of 2010, there were 8,021 active banking charters across the United States. As of early May 2018, there were 5,585 active banking charters. That is a reduction of nearly 2,500 banking charters through acquisition, failure, or charter consolidation within a common parent …

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