A charter shall be issued if the department finds that a mutual bank will serve a useful purpose in the community in which it is proposed to be established, that there is reasonable expectation of its financial success, and that its operation will not unduly injure existing banking institutions.
Section: Previous 06.15.010 06.15.020 06.15.030 06.15.040 06.15.050 06.15.060 06.15.070 06.15.080 06.15.090 06.15.100 06.15.105 06.15.110 06.15.120 06.15.130 06.15.140 NextLast modified: November 15, 2016