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Louisiana group applies to form Native American bank

A group of Native American tribes is looking to form a bank in Louisiana. The Tchou Tchouma Tchoupitoulas Nation ⁠— which includes members of the Choctaw, Chickasaw, Cherokee, Yamasee and Washa tribes ⁠— has applied for deposit insurance from the Federal Deposit Insurance Corp. The application, filed on April 30, has a comment period that ends on May 30.

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