Starting up and owning a bank??

[Joel Owens]

Just curious as a topic I see some RE guys start up their own banks locally.

I was wondering the benefits to it and expected annual returns or if it is more of a status type thing.

I am talking about being a president of a bank and owning it etc. 

[Bob B.]

Google: FDIC Sues Bank Directors and then think about starting a bank.

Life is too short to deal with the Feds.