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Currently working at a state chartered credit union. Although it is "easy" to start one, most states regulations are very strict and lag significantly behind fe
by 0x3444ac53 2y ago
Currently working at a state chartered credit union. Although it is "easy" to start one, most states regulations are very strict and lag significantly behind federal ones. Hell, where I work we aren't even allowed to serve businesses, loans, deposits, or otherwise.
- quesera 2y ago> state chartered credit union Also not a viable option for a Fintech which aspires to having customers in all 56 US states and territories. You really need a national bank for a sponsor, and Evolve was the most startup-friendly, for many years.