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Tech-focused Erebor Bank gets conditional OCC approval
Yahoo Finance·2025-10-15 22:39

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Office of the Comptroller of the Currency said Wednesday it has conditionally approved a de novo bank charter application for Erebor Bank, founded by tech billionaires Palmer Luckey and Joe Lonsdale. The Columbus, Ohio-based digital-native bank applied for a charter roughly four months ago, on June 11, indicating an intention to serve tech companies focused on vi ...