You seem to have knowledge here, I have always had some of these same questions about "new" banks. What is the minimum liquid holdings that is required by the

You seem to have knowledge here, I have always had some of these same questions about "new" banks. What is the minimum liquid holdings that is required by the Fed to open a bank, and what is the leverage you can use against those assets (I'd assume it grows with the total liquidity values)? How does it work, is a smaller bank getting loans only from the Fed or from larger banks at "wholesale" rates? How does the Fed evaluate the risk profile of a small bank? Is it based on the leveraged assets or something more? Ironically, I have done work for financial institutions but we worked on front line software and on basic web applications around peoples accounts, never the backend and no one I ran into understood how it really functions behind the scenes. Or maybe they just didn't want to take the time to explain to me.