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Erebor Secures $350M, Valued Over $4B After Major FDIC Green Light
22 Dec 2025 21:25 GMT
… Fund, 8VC, and Haun Ventures.
FDIC approval of deposit insurance clarified … completed just days after the FDIC approved its deposit insurance application … its application and then obtained FDIC clearance to accept deposits. These …
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FDIC approves bank charter for new tech bank
22 Dec 2025 19:16 GMT
On December 16, the FDIC approved an application for a … bank in October 2025. The FDIC ordered that the bank maintain …
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FDIC Approves Interim Final Rule on Collection of Special Assessment Following Bank Closures
22 Dec 2025 19:12 GMT
… - or under-collection. The FDIC estimated that the total cost … resolution of litigation between the FDIC and one of the … receiverships, if overcollection occurs the FDIC will either provide an offset … if under-collection occurs, the FDIC will collect a one-time …
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FDIC Adopts Final Rule Updating Branch and Office Establishment and Relocation Procedures
22 Dec 2025 19:12 GMT
On December 16, the FDIC’s Board of Directors announced … processing, the elimination of the FDIC’s discretion to remove filings …
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Mercury Neobank Applies for OCC Charter to Gain Independence and FDIC Insurance
22 Dec 2025 15:28 GMT
… federal deposit insurance from the Federal Deposit Insurance Corporation (FDIC), underscoring the company’s intent … navigated challenges, including a 2023 FDIC consent order related to its … ’ regulatory issues. The 2023 FDIC action against Evolve Bank …
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Erebor Bank Raises $350M in Funding to Become National Bank
23 Dec 2025 01:39 GMT
… Fund
The bank received conditional FDIC deposit insurance and a preliminary … funds.
Just days before, the Federal Deposit Insurance Corporation gave Erebor Bank conditional approval … will be able to offer FDIC-insured deposit accounts, lending, and …
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Palmer Luckey’s Erebor hits $4.3B valuation as regulators advance bank charter
23 Dec 2025 00:01 GMT
… application was approved by the Federal Deposit Insurance Corporation, which is valid for 12 … not formally established or the FDIC doesn’t grant an extension …
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Huntington Bancshares Incorporated and Cadence Bank Announce Receipt of Required Regulatory Approval for Pending Merger
22 Dec 2025 23:38 GMT
… cadencebank.com. Cadence Bank, Member FDIC. Equal Housing Lender.
CAUTION … and costs, such as Federal Deposit Insurance Corporation (the "FDIC") special assessments, long … , the Federal Reserve, the FDIC, the Consumer Financial Protection Bureau …
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Senate confirms Michael Selig to lead CFTC and Travis Hill to chair FDIC
20 Dec 2025 17:26 GMT
… Federal Deposit Insurance Corp. (FDIC) in a 53-43 vote … has been serving as acting FDIC chairman since January. He succeeds … Gruenberg, the previous Senate-confirmed FDIC chair, who resigned as … linked to crypto. The FDIC is expected to regulate stablecoin …
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FDIC Seeks to Establish Pathway for Subsidiaries of Insured Banks to Issue Payment Stablecoins
20 Dec 2025 08:48 GMT
The Federal Deposit Insurance Corporation (FDIC) has issued a … Under the GENIUS Act, FDIC-supervised institutions with subsidiaries seeking … , including:
Whether the FDIC should consider other factors … should submit to the FDIC to substantiate the sufficiency …
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