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)

  
    
   
    Applicant Name
    State (Charter Location)
    FDIC Application Received
    Status
  

    Ford Credit Bank
    Utah (Salt Lake City)
    June 22, 2022
    Approved
  

    GM Financial Bank
    Utah (Salt Lake City)
    January 31, 2025
    Approved
  

    Stellantis Bank USA
    Utah (Salt Lake City)
    February 10, 2025
    Pending
  

    OneMain Bank
    Utah (Salt Lake City)
    March 13, 2025
    Pending
  

    Edward Jones Bank
    Utah (Salt Lake City)
    April 11, 2025
    Approved
  

    Nissan Bank U.S., LLC
    Utah (Salt Lake City)
    June 20, 2025
    Pending
  

    PayPal Bank
    Utah (Salt Lake City)
    December 15, 2025
    Pending
  

    Affirm Bank
    Nevada (Henderson)
    January 23, 2026
    Pending
  

  

FDIC Applications