Startup banks go unseen in stateStartup banks go unseen in stateThere were more than 35 startup banks in Arkansas from 1995 to 2008, but no one has the desire to start a new bank now, the commissioner of the Arkansas Bank Department said Thursday. "I don't know that there has been that much interest from investors" about starting a new bank, said Candace Franks, commissioner of the department. There has been an increase in regulatory requirements for more bank capital that would deter investors from putting up money for a bank, Franks said at a meeting of the central Arkansas chapter of the Risk Management Association. Click here to read the entire story. |
