Virginia Decodedhttps://vacode.org730826.2-1120Minimum capital requirement2025Financial Institutions and ServicesDepository Institutions and Trust OrganizationsSavings InstitutionsIncorporation; Certificate of Authority; Corporate Administration

A state savings bank shall comply with the applicable minimum capital requirements of the Federal Deposit Insurance Corporation. The Commission may impose such additional minimum capital requirements as it deems necessary in order to insure the safe and sound operation of state savings banks.

1991, c. 230, § 6.1-194.116; 2010, c. 794.