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May an applicant apply for a new bank charter and a new bank or thrift holding company at the same time?

April 26, 2017applicant Bank Charter COMPANY holding Thrift time

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May an applicant apply for a new bank charter and a new bank or thrift holding company at the same time?

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In order to qualify for the TARP program, the applicant company must apply for approval to become a bank or thrift holding through ownership of an U.S. bank or savings association that was in existence on or before November 14, 2008.