Original Source Material
The company also appointed an alum of SoFi, Green Dot and Goldman Sachs to serve as CEO of the proposed bank. The move comes after the OCC approved five crypto firms for a different type of charter.
Fintech Mercury applies for OCC bank charter
Summary
- Fintech Mercury applies for an OCC bank charter.
- The CEO is a former executive from SoFi, Green Dot, and Goldman Sachs.
Why It Matters for Texas Credit Unions
The article does not mention Texas specifically and the news pertains to a national regulatory body (OCC) rather than state-specific regulations.