GreatAmerica withdraws industrial bank application

GreatAmerica
GreatAmerica's office in Cedar Rapids. CREDIT RICHARD PRATT

GreatAmerica Financial Services has withdrawn its application to establish an industrial bank in Utah. The Cedar Rapids-based national commercial finance company originally submitted its industrial bank charter application in March 2020, but the application was voluntarily withdrawn earlier this year, officials with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions […]

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