Excelsioran-Libertasian Cooperative Bank
Headquarters | New Codak (Excelsioran Branch) Industry Park (Libertasian Branch) |
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Established | 1 October 2022 |
Ownership | Government of Excelsior, Government of Libertas |
Committee on the Mark | Nicolas Caiazzo, Silas Wurnbash, Emerson Lee |
Central bank of | Excelsior, Libertas |
Currency | Excelsioran-Libertasian Mark |
Preceded by | Federal Reserve of Excelsior, Bank of Libertas |
The Excelsioran-Libertasian Cooperative Bank, more commonly called the EL Cooperative Bank or the ELCB, is the central bank of the Republic of Excelsior and the Federal People's Republic of Libertas, and is responsible for issuing and controlling the Excelsioran-Libertasian Mark. The bank is also directed to print marks by the Excelsioran-Libertasian Committee on the Mark, or the ELCM.
The bank is split into two branches, ExcelsiorBank and LibertasBank. The branches and the bank itself are jointly owned and operated by the Governments of Excelsior and Libertas.
Structure
The EL Cooperative Bank is jointly owned and operated by the Excelsioran Government and Libertasian Government. At its highest level it is controlled by the Excelsioran-Libertasian Committee on the Mark, consisting of the head of state and government of both Libertas and Excelsior. The Committee controls the Marks and the bank and instructs it to print currency when needed. From the committee, the bank is divided into two branches, Excelsiorbank and LibertasBank, each responsible for transactions within their respective nations. The Bank is responsible for overseeing these transactions as well as international transactions in other nations using the Mark.
Name | Director | Country | Type |
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ExcelsiorBank | Nicolas Caiazzo, | Excelsior | Branch |
LibertasBank | Emerson Lee | Libertas | Branch |