Sure. In Scotland for example, municipal banks are everywhere. North Lanarkshire, West Lothian, North Ayrshire, Clydebank, and East Dunbartonshire Municipal Ban

Sure. In Scotland for example, municipal banks are everywhere. North Lanarkshire, West Lothian, North Ayrshire, Clydebank, and East Dunbartonshire Municipal Bank all take deposits and lend to borrowers. They do everything you'd expect a commercial bank would do.