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For each of the actions described, we're going to explain which government agency or agencies a financial manager must deal with and what laws are involved.
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A, chartering a new bank.
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A financial manager must determine which type of charter they seek.
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So we need to determine the type of charter.
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If they desire a national charter for their bank, they'll need to work with the occ.
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If they want to be a federal reserve member, they'll need to contact the federal reserve.
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If they do not want to be a national bank, they will need to work with their state banking regulator to establish a charter with the backing of the fdic to provide deposit guarantees.
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B, establishing new bank branch offices.
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Forming a bank or financial holding company and establishing new bank branch offices...