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 June 20, 2024.
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New Charters |
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Institution: Type: Date Received: Current Status: |
Ford Credit Bank Industrial Bank 7/22/22 Pending |
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Institution: Type: Date Received: Current Status: |
Thrivent Bank Industrial Bank 2/19/21 Approved 6/14/24 |
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Institution: Type: Date Received: Current Status: |
GM Financial Bank Industrial Bank 12/11/20 Approved 6/14/24; Application Subsequently Withdrawn 6/19/24 |
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Branch Approvals |
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Institution: Branch: Address: Date Received: Current Status: |
Cache Valley Bank Cedar City 26 N Main St, Cedar City, UT 4/26/24 Approved 5/2/24, Opening Pending |
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Institution: Branch: Address: Date Received: Current Status: |
State Bank of Southern Utah St. George 40 S 100 E, St. George UT 4/7/23 Approved 4/18/23, Opening Pending |
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Change of Control / Whole Bank Acquisition |
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Applicant: Target Institution: Date Received: Current Status: |
Cache Valley Banking Company Liberty Bank, Inc. 2/22/24 Approved 4/18/24, Completed 4/22/24 |
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Change of Control / Bank Merger |
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Applicant: Target Institution: Date Received: Current Status: |
Redemption Holding Company Holladay Bank and Trust 2/20/24 Pending |
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Trust Powers |
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Institution: Date Received: Current Status: |
BOU Trust Company 12/21/23 Approved 1/30/24, Opened 2/1/24 |