Country star Toby Keith has launched a new get rich quick scheme - he's planning to open a bank.

Just a month after announcing his plans to start his own record label, the enterprising hitmaker, who also owns a chain of steakhouses, is part of a consortium of Oklahoma businessmen looking to open a new bank in Oklahoma City.

Keith is among those seeking investors to provide the $10 million (GBP5.5 million) needed to capitalise the bank.

The bank will cater to commercial clients and wealthy, private customers. If the bank is chartered, it is expected to open next summer (06).