New Community Banks Face a $20 Million Starting Line
Before 2008, new banks routinely entered the U.S. banking system by the dozens each year. Since 2010, they have appeared at a rate of fewer than six a year. From 1995 through 2007, the lowest annual number of new banks was 93, according to Federal Deposit Insurance Corp. data. From 2010 through 2024, only 86 […]
Before 2008, new banks routinely entered the U.S. banking system by the dozens each year. Since 2010, they have appeared at a rate of fewer than six a year. From 1995 through 2007, the lowest annual number of new banks was 93, according to Federal Deposit Insurance Corp. data. From 2010 through 2024, only 86 […]
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