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 September 12, 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:

Capital Community Bank

Spanish Fork

642 E Kirby Lane #101, Spanish Fork, UT

8/16/25

Approved 9/10/25, Opening Pending

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