I personally think that the problem with banks is that they do so much more than what they are supposed to do. The only thing I need from a bank is a place to "store" my money, and possibly make transactions.
That's all, that's what a bank is supposed to do. Also no interest rate, my dad used to be a member of a group here in the Netherlands who wanted to create a bank of their own too. I never really understood it, I was just 10-12 when it was most active, but what I understood from it was that there would be no interest rates. You might try searching for it on google, it was called CMN. There is a Dutch book about it written by Hank Monrobey. You'll have more chance of finding that than anything else about it.
That's all, that's what a bank is supposed to do. Also no interest rate, my dad used to be a member of a group here in the Netherlands who wanted to create a bank of their own too. I never really understood it, I was just 10-12 when it was most active, but what I understood from it was that there would be no interest rates. You might try searching for it on google, it was called CMN. There is a Dutch book about it written by Hank Monrobey. You'll have more chance of finding that than anything else about it.
Here is a link: http://books.google.nl/books?id=2uTzrLOGfGwC&pg=PA104&lpg=PA...