Utah Association of Financial Services

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Preserve the industrial bank charter and encourage the continued development of the Industrial Bank industry while returning substantial benefits to the State of Utah, including job creation, tax revenue and community reinvestment activities.

Founded

1951

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Salt Lake City

Address: 445 E 200 S Ste 100, Salt Lake CityWeb: Sign in to see organisation websiteRevenue: 592468ICO: 870228572

UAFS | UAFS THE LATEST Stellantis applies to form industrial bank Stellantis on Feb. 11 applied to form an industrial bank through the Utah Department of Financial Institutions. The application for the bank dubbed Stellantis Bank USA is pending approval by the Federal Deposit Insurance Corporation. READ MORE GM subsidiary resubmits ILC charter application GM Financialresubmitted its applicationfor an industrial loan company charter Friday to the Federal Deposit Insurance Corp.

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Pauline

Great news about Stellantis applying for a new bank! Excited to see how this will boost our local economy and create more jobs in Utah! 🌟

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Jennifer

- How do industrial banks in Utah contribute to local job creation and economic growth, and what challenges do they face in the current regulatory climate?

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Catherine

- What implications could the approval of Stellantis Bank USA and GM Financial's ILC charter application have on the landscape of industrial banking in Utah?

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Helen

Thank you, UAFS, for advocating for the industrial banking sector! Let’s continue to support initiatives that enhance community development and innovation! 🙌

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Salt Lake City

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