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 March 17, 2025.

New Charters

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 Approvals

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, Opened 10/3/24

Institution:

Branch:

Address:

Date Received:

Current Status:

State Bank of Southern Utah

St. George

2961 E Mall Drive, St. George UT

4/7/23

Approved 4/18/23, Opened 5/28/24

Change of Control / Bank Merger

Applicant:

Target Institution:

Date Received:

Current Status:

Redemption Holding Company

Holladay Bank and Trust

2/20/24

Pending

New Loan Production Office

Institution:

Location:

Date Received:

Current Status:

Glacier Bank

Cedar City

12/13/24

Approved 1/7/25, Opened 2/3/25

Institution:

Location:

Date Received:

Current Status:

Capital Community Bank

3 Locations – Orem, Lehi, South Jordan

12/16/24

Approved 1/2/25, Opened 1/15/25