Flexible Finance, Inc. plans to charter a bank in Utah and has submitted applications to the Federal Deposit Insurance Corporation.

The entities involved

• Utah →

  state of the United States of America

  • Student aid programs in Utah have been eliminated.Mon 16:14
  • El Niño drives heat waves and drought risk, with Pacific Ocean conditions affecting global weather patterns across regions including California, Colorado, and the Indian Ocean.Mon 15:20
• Federal Deposit Insurance Corporation →

  US government agency providing deposit insurance

  • The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.Mon 08:32
  • Federal Reserve actions are influencing national rates tracked by the FDIC, while Marcus offers CD rates through Goldman Sachs.Mon 01:57

Related events

• The London-based company Revolut has secured conditional approval for a US bank charter from the Office of the Comptroller of the Currency, pending final review by the FDIC.Sep 3
• Fidelity National Information Services is seeking regulatory approvals for new bank charters and is involved in deposit insurance applications with the OCC and FDIC.Sep 21
• The FDIC guarantees deposits at commercial banks, while the Fed's rate-raising cycle influences Certificate of Deposit yields offered by institutions like EagleBank and American Express.Sep 20
• The FDIC is monitoring the Iowa banking industry, noting the role of local deposits in fueling local lending.Aug 28