New Bank Applications and Approvals
Tracking of industrial bank applications and the FDIC mandate to promote diversity and innovation.
Industrial Bank Application Tracker
FDIC Summary of New Deposit Insurance Application Activities (As of February 27, 2026)
Recent Applicants
Ford Credit Bank
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: June 22, 2022
Status: Approved
Stellantis Bank USA
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: February 10, 2025
Status: Pending
OneMain Bank
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: March 13, 2025
Status: Pending
Edward Jones Bank
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: April 11, 2025
Status: Approved
PayPal Bank
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: December 15, 2025
Status: Pending
GM Financial Bank
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: January 31, 2025
Status: Approved
Nissan Bank U.S., LLC
State (Charter Location): Utah (Salt Lake City)
FDIC Application Received: June 20, 2025
Status: Pending
Affirm Bank
State (Charter Location): Nevada (Henderson)
FDIC Application Received: January 23, 2026
Status: Pending
Industrial Bank Applications
Our association is happy to field any questions you may have regarding the application process and the various requirements at the state and federal levels.
Industrial banks are the safest and soundest financial institutions in the country. NAIB is committed to defending and promoting the charter. Those interested are invited to contact the Association to gain a better understanding of both the regulatory requirements and our internal review process.
NAIB provides unique benefits to support DeNovo applicants in their efforts to obtain a charter. We look forward to hearing from interested individuals and organizations who are willing to fulfill the mission of industrial banks to provide safe and secure financial services to Americans.