Application Status
The following table is a listing of active applications submitted to our department and their current status. This table will be updated periodically as needed. The last update was done October 21, 2025.
| New Charters | |
|---|---|
| Institution: Type: Date Received: Current Status: | Nissan Bank U.S., LLC Industrial Bank 6/23/25 Pending | 
| Institution: Type: Date Received: Current Status: | Edward Jones Bank Industrial Bank 4/11/25 Pending | 
| Institution: Type: Date Received: Current Status: | OneMain Bank Industrial Bank 3/13/25 Pending | 
| Institution: Type: Date Received: Current Status: | GM Financial Bank Industrial Bank 1/31/25 Pending | 
| Institution: Type: Date Received: Current Status: | Stellantis Bank USA Industrial Bank 4/5/24 Pending | 
| Institution: Type: Date Received: Current Status: | Ford Credit Bank Industrial Bank 7/22/22 Pending | 
| Main Office Relocation | |
| Institution: Current Address: New Address: Date Received: Current Status: | Grand Valley Bank 2 South Main St, Heber City, UT 191 E Gateway Dr, Heber City, UT 12/13/24 Approved 1/9/25, Relocation Pending | 
| Branch Approval | |
| Institution: Branch Address: Date Received: Current Status: | Cache Valley Bank Lehi 1250 E 200 S, Suite 3A, Lehi, UT 10/8/25 Approved 10/10/25, Opening Pending | 
| Institution: Branch Address: Date Received: Current Status: | Capital Community Bank Spanish Fork 642 E Kirby Lane #101, Spanish Fork, UT 8/16/25 Approved 9/10/25, Opened 10/21/25 | 
| Institution: Branch Address: Date Received: Current Status: | Bank of Utah Spanish Fork 1279 North Canyon Creek Parkway, Spanish Fork, UT 8/26/25 Approved 9/10/25, Opening Pending | 
| Change of Control / Bank Merger | |
| Applicant: Target Institution: Date Received: Current Status: | Redemption Holding Company Holladay Bank and Trust 2/20/24 Approved 4/29/25, Closed 6/9/25 | 
| Trust Powers | |
| Institution: Date Received: Current Status: | Cache Valley Bank 8/29/25 Pending | 
| New Loan Production Office | |
| Institution: Address: Date Received: Current Status: | Capital Community Bank 642 E Kirby Lane #101, Spanish Fork, UT 3/19/25 Approved 4/7/25, Opened 6/20/25 | 
