What about setting your initial bar up conventionally in your vice and putting a shallow slot thru the bar before you bandsaw it?
Once you have sawed thru, you can then sit the material in the vice on the little step that remains (using a small parallel block/slip gauge) to machine opposite end, then flip the part over and finish block to required length.
Of course you could get some decent endmills and not bother with the bandsaw.
Your accuracy will ultimately depend on the squareness of your vice setup.
DP


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