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OCC head shares views on bank acquisition by fintech
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Banking, Mergers & Acquistions, Nonbank Financial
Friday, March 21, 2025
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The Office of the Comptroller of the Currency granted conditional approval for a fintech firm to acquire CenTrust Bank, N.A. This marks the first time a fintech has acquired a bank charter since 2021. Acting Comptroller Rodney Hood shared his views on the acquisition during CBA LIVE 2025 in Orlando.
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