Re: The Bank of the Internet!?
Harry S. Hawk writes:
I don't, however, see how any of this could impact a simple credit union type bank opperated over the Internet.
I would be surprised to discover that running a bank "over the Internet" didn't stand a fair chance of running afoul of interstate banking laws... -- Lefty (lefty@apple.com) C:.M:.C:., D:.O:.D:.
Harry S. Hawk writes:
I don't, however, see how any of this could impact a simple credit union type bank opperated over the Internet.
I would be surprised to discover that running a bank "over the Internet" didn't stand a fair chance of running afoul of interstate banking laws...
1) It's a Credit Union, not a bank. 2) The field of membership for the individual CUs would be restricted to a local area. -- ---------------- /\ Douglas Barnes cman@illuminati.io.com / \ Chief Wizard (512) 448-8950 (d), 447-7866 (v) / () \ Illuminati Online metaverse.io.com 7777 /______\
participants (2)
-
cman＠IO.COM -
lefty＠apple.com