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laiz [17]
3 years ago
11

How does a bank become established?

History
1 answer:
bulgar [2K]3 years ago
7 0
According to the FederalReserve The proposed bank must first receive approval for a federal or state charter. Before granting a charter, the OCC or state must be able to determine that the applicant bank has a reasonable chance for success and will operate in a safe and sound manner.

Next, the proposed bank must obtain approval for deposit insurance from the FDIC. And in addition approvals are required from the Federal Reserve if, at formation, a company would control the new bank and/or a state-chartered bank would become a member of the Federal Reserve.

<span>All insured banks must comply with the capital adequacy guidelines of their primary federal regulator (Federal Reserve, FDIC, or OCC). The guidelines require a bank to demonstrate that it will have enough capital to support its risk profile, operations, and future growth even in the event of unexpected losses. Newly established banks are generally subject to additional criteria that remain in place until the bank's operations become well-established and profitable.</span>
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Answer:

Adams was against helping in the revolution while Jefferson was for it.

Explanation:

Jefferson: Arguing that the revolution was being waged in the name of liberty for the people, Jefferson stated his position in a letter to a friend: ''My own affections have been deeply wounded by some of the martyrs to the cause, but rather than it should have failed, I would have seen half the earth desolated."

Adams: Adams was against the French Revolution. Adams was afraid that the French Revolution would destroy America. He believed the American economy and government would collapse if the country became involved in Europe’s struggle.

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A. Vargas returned with settlers

Explanation:

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It enabled them to increase their power over the trade business creating a complete monopoly which in turn led even to military expansions. Eventually, it led to the complete fall of Mughal empire and establishment of East India Company as the rulers of colonial India.
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speech, religion, press and assembly If you're in the U.Syou have freedom of speech, religion, press, assembly and petition.

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