http://www.bankrate.com/brm/news/cu/20000301a.asp this describes the process in the US at least of founding one and it requires a board who have good credit ratings and who havent been bankrupt etc.
The idea came to me that you cant walk into a traditional credit union or bank and use your bitcoins (or assets held at glbse) as collateral on a USD loan.
In Australia you can start a community bank if enough people pledge to move their home loans and other accounts to it when it opens,so if enough people got together and did things like move their home loan and other USD business to this entity it might have a shot at being successful.
It could offer such things as secure bank vault for your thumb drives holding a wallet.dat and be insured against physical attack.
Is this feasible at this point in time ? Perhaps its first branch could be in New Hampshire ?
As a rule, a "yes" vote by 500 potential members warrants continuation of the process to form a credit union. The National Credit Union Administration requires that a credit union with fewer than 3,000 potential members provide more evidence of support, since only about one-third of potential members will join and credit unions with less than 3,000 members may not be economically justified. Survey your potential members to determine whether they have an interest in supporting a credit union.
tldr; As this rolled out branches it could provide space for bitcoin atms
