CorporateLeadership or Governance Change2026-05-16🇺🇸
Stellantis gets FDIC ILC charter approval
source: Federal Deposit Insurance Corp. board and Utah Department of Financial Institutions -> target: Stellantis N.V.
On 2026-05-16, the FDIC board and the Utah Department of Financial Institutions approved Stellantis to operate Stellantis Bank USA as an industrial bank. The charter will let the automaker offer automotive financing and FDIC-insured deposit accounts nationwide, subject to capital and liquidity requirements and a 12-month establishment deadline.
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Location
UtahUtahNorth AmericaUnited StatesNorth America39.321, -111.094
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