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 4, 2024.

New Charters

Institution:

Type:

Date Received:

Current Status:

Ford Credit Bank

Industrial Bank

7/22/22

Pending

Institution:

Type:

Date Received:

Current Status:

Thrivent Bank

Industrial Bank

2/19/21

Pending

Institution:

Type:

Date Received:

Current Status:

GM Financial Bank

Industrial Bank

12/11/20

Pending

Branch Approvals

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

Change of Control / Bank Merger

Applicant:

Target Institution:

Date Received:

Current Status:

Redemption Holding Company

Holladay Bank and Trust

2/20/24

Pending

Trust Powers

Institution:

Date Received:

Current Status:

BOU Trust Company

12/21/23

Approved 1/30/24, Opening Pending

Loan Production Office

Institution:

Address:

Date Received:

Current Status:

Cornerstone Capital Bank

4962 Boulder View Dr, Hurricane, UT

7/5/23

Approved 7/11/23, Opening Pending