Crypto Bank Erebor Approved for Conditional Federal Bank Charter by OCC

2 months ago 7755

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The U.S. Office of the Comptroller of the Currency has granted conditional national bank status to Erebor Bank, a new tech-oriented bank seeking to rise into the gap left by the collapse of several such lenders in 2023, including Silicon Valley Bank.

OCC chief Jonathan Gould said the Wednesday approval ...

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