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 July 14, 2026.

New Charters

Institution:

Type:

Date Received:

Current Status:

Klarna Bank USA

Industrial Bank

7/6/26

Pending

Institution:

Type:

Date Received:

Current Status:

Bank of St. George

Commercial Bank

3/20/26

Approved 7/1/26, Opening Pending

Institution:

Type:

Date Received:

Current Status:

PayPal Bank

Industrial Bank

12/15/25

Pending

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

Approved 2/27/26, Opening 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

Approved 1/22/26, Opening Pending

Institution:

Type:

Date Received:

Current Status:

Stellantis Bank USA

Industrial Bank

4/5/24

Approved 5/13/26, Opening Pending

Institution:

Type:

Date Received:

Current Status:

Ford Credit Bank

Industrial Bank

7/22/22

Approved 1/22/26, Opening Pending

Branch Approval

Institution:

Branch

Address:

Date Received:

Current Status:

Education 1st Credit Union

Marriott-Slaterville

1900 W 12th Street, Marriott-Slaterville, UT

5/27/26

Approved 7/10/26, Opening Pending

Institution:

Branch

Address:

Date Received:

Current Status:

Bank of Utah

Lehi

2292 W 1930 N, Lehi, UT

3/13/26

Approved 3/17/26, Opened 7/14/26

Institution:

Branch

Address:

Date Received:

Current Status:

Central Bank

Nephi

1508 South Main Street, Suite 130, Nephi, UT

2/23/26

Approved 3/2/26, Opening Pending

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:

Bank of Utah

Spanish Fork

1279 North Canyon Creek Parkway, Spanish Fork, UT

8/26/25

Approved 9/10/25, Opened 7/13/26

Change of Control / Bank Acquisition

Applicant:

Target Institution:

Date Received:

Current Status:

Sunwest Bank

MidWestOne Bank, a division of Nicolet National Bank

5/13/26

Approved 6/19/26

Change of Control / Bank Merger

Applicant:

Target Institution:

Date Received:

Current Status:

CommerceOne Financial Corporation et al.

Green Dot Bank

2/20/26

Pending

Applicant:

Target Institution:

Date Received:

Current Status:

Comenity Capital Bank

Comenity Bank

12/17/25

Pending

Trust Powers

Institution:

Date Received:

Current Status:

Regions Bank

2/24/26

Pending