Original Source Material
Pent-up demand led to 18 applications being filed with the OCC last year. And that influx could continue in 2026, as two applications have been submitted to the agency in recent weeks.
Inside the explosion of banking charter applications
Summary
• The Office of the Comptroller of the Currency received 18 banking charter applications in the previous year.
• Two additional applications have been submitted recently, indicating a potential continuation of this trend.
Why It Matters for Texas Credit Unions
The article discusses trends that could impact credit unions across the U.S., including Texas CUs, in terms of regulatory changes and competition.