Community Banks are scared that Wal-Mart will run them out of business. Even with this opposition, it is likely that Wal-Mart’s bank application will be approved by the FDIC. The FDIC has already approved a similar bank application for Target.
Community Banks are scared that Wal-Mart will run them out of business. Even with this opposition, it is likely that Wal-Mart’s bank application will be approved by the FDIC. The FDIC has already approved a similar bank application for Target.