-
Ford, GM clear key hurdle to establish industrial banks after years of waiting
27 Jan 2026 11:18 GMT
-
Ford and GM Get FDIC Approval to Launch Industrial Banks
26 Jan 2026 17:34 GMT
… launch U.S. industrial banks based in Salt Lake … support profitability.
An industrial bank is a specialized financial … fund its operations. Industrial banks are regulated with the … up and capitalize their industrial banks after receiving regulatory approval. …
-
FDIC approves industrial bank plans for Ford and GM
23 Jan 2026 13:12 GMT
… automakers to establish Utah-based industrial banks focused on auto financing and … for automakers seeking to establish industrial banks and begin offering financial services … Bank, both chartered as Utah industrial banks and based in Salt Lake …
-
Ford, GM Industrial Bank Bids Get FDIC Approval
23 Jan 2026 03:58 GMT
… it has signed off on industrial loan company applications from Ford Motor Co …
-
Feds approve GM, Ford industrial banks for vehicle savings accounts
22 Jan 2026 22:15 GMT
… conditional approval to create industrial banks that will allow the companies … Salt Lake City, Utah. Industrial banks are regulated and governed … industrial bank headquarters and growing a knowledgeable workforce in fintech.
The automakers’ industrial banks …
-
FDIC clears way for Ford, General Motors to set up industrial banks
22 Jan 2026 19:45 GMT
… the auto manufacturers to establish industrial banks and begin providing some financial …
-
PayPal wants to establish an industrial bank in Utah
17 Jan 2026 04:45 GMT
… Bank, a proposed Utah-chartered industrial loan company.
PayPal Holdings is headquartered in …
-
PayPal Eyes Expansion with Utah Industrial Bank Charter Bid
16 Dec 2025 21:22 GMT
… for a Utah-chartered industrial loan company. Both the Utah … pursuing a Utah-chartered industrial bank charter enables financial … a Utah-chartered industrial loan company. Both the Utah … pursuing a Utah-chartered industrial bank charter enables financial …
-
PayPal Pursues Utah Industrial Bank Charter
16 Dec 2025 16:57 GMT
… ) is pursuing a Utah-chartered industrial loan company. The company has submitted its … Federal Deposit Insurance Corporation.
An industrial bank charter is a state-issued …
-
PayPal to Become US Bank: Global Online Platform Seeks Approval to Launch Industrial Bank, Expand Services for Small Businesses
16 Dec 2025 06:54 GMT
… PayPal Bank, a Utah-chartered industrial loan company. Since 2013, PayPal has provided … .
PayPal Applies to Become US Industrial Bank
🇺🇸 LATEST: PayPal applies to become …