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Source FDIC Press Releases public.govdelivery.com Government
May 14, 2026 ai_technology banking_regulation

Press Release: FDIC Approves the Deposit Insurance Application for Stellantis Bank USA, Salt Lake City, Utah

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Summary

PRESS RELEASE | MAY 14, 2026 FDIC Approves the Deposit Insurance Application for Stellantis Bank USA, Salt Lake City, Utah WASHINGTON—The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a deposit insurance application submitted by Stellantis Financial Services U.S. Corporation to establish Stellantis Bank USA, which will be a Utah-chartered industrial bank. Applications for deposit insurance are evaluated under a statutory framework of seven factors that include:

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