Date of Award

5-1986

Document Type

Thesis

Degree Name

Master of Business Admin

Department

Executive MBA

First Advisor

Dr. John H. Earl, Jr.

Abstract

The purpos'E of comprehensive, this paper is to provide the user with a step-by-step procedures manual for the organization and opening of a state-chartered, Federal Reserve member community bank in the Commonwealth of Virginia 1 • This paper is written under the assumption that the organizers of a new bank have limited experience in the processes of organizing an effective Board of Directors, assembling a management team, selling stock in a new venture, gaining regulatory approval and opening the doors of a new commercial bank. This manual will attempt to address the strategic issues such as market analysis and financial projections as well as the "nuts and bolts" procedures of application preparati o.n, professional services and getting the first banking office operational.

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