The FDIC approved the bank's application on Dec 16. It still requires final approval from the Office of the Comptroller of ...

FORT WORTH, Texas--(BUSINESS WIRE)--General Motors Financial Company, Inc. (“GM Financial”), the captive finance subsidiary of General Motors, has announced the withdrawal of GM Financial Bank’s ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

General Motors’ (NYSE:GM) lending subsidiary, General Motors Financial (GM Financial), has withdrawn its deposit insurance application from the Federal Deposit Insurance Corporation (FDIC). This ...

In 2018, the Office of the Comptroller of the Currency unveiled a specialized bank charter that would not require deposit-taking. But the new charter, tailored for the fintech industry, quickly got ...

The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the Fed stated that the application was ...

General Motors’GM2.29%increase; green up pointing triangle lending arm has pulled an application for deposit insurance, a pillar in its efforts to move back into banking and expand its auto-finance ...