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Wildcat bank

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This is an old revision of this page, as edited by 71.37.156.52 (talk) at 02:30, 10 November 2005 (minor grammar, although, this page does need to be made more clear. "Up and leave"? i dont think so). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The term wildcat bank refers to a particularly unsound and risky bank chartered under state law in the United States. They flourished after the national bank was decommissioned. Someone would start a bank in a small town, and when they aquired enough assets, they would up and leave town with the townsfolks money.