06 Apr, 2026
Nonbanks dominate bank charter boom as approval timelines shrink
By Zoe Sagalow and Xylex Mangulabnan
S&P Global Offerings
Featured Topics
Featured Products
Events
Financial and Market intelligence
Fundamental & Alternative Datasets
Government & Defense
Professional Services
Banking & Capital Markets
Economy & Finance
Energy & Commodities
Technology & Innovation
Podcasts & Newsletters
Financial and Market intelligence
Fundamental & Alternative Datasets
Government & Defense
Professional Services
Banking & Capital Markets
Economy & Finance
Energy & Commodities
Technology & Innovation
Podcasts & Newsletters
06 Apr, 2026
By Zoe Sagalow and Xylex Mangulabnan
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]
Premium Content
S&P Capital IQ Pro helps you keep up with market developments, identify risks, and surface opportunities with its real-time news and insights. Log in or connect with us below.