06 Apr, 2026

Nonbanks dominate bank charter boom as approval timelines shrink

Nonbanks are coming in droves to apply for national bank and national trust bank charters, capitalizing on the quick approval processes.

Just three months into 2026, 13 bank charter applications have been filed, a pace on track to surpass 2025's total of 33 and mark the busiest year since at ...[end of article preview]