ICBA and other groups asked the OCC to extend the comment period on two national bank charter applications with Dec. 7 deadlines.
The 90-day comment extension would apply to applications from:
- Figure Technologies, a consumer lender looking to expand into payments services and point-of-sale lending.
- Anchorage, a digital asset custodian seeking to provide custody services for institutions across the country.
The groups requested the extension given the novel use of existing charters by non-traditional applicants and the limited information about the Figure and Anchorage applications. More broadly, the groups asked the OCC to conduct an open and transparent approach to considering new charters.