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TEXAS BANKING NEWS, PEOPLE AND IDEAS

stablecoin

FDIC Approves the Deposit Insurance Application for Augustus National Bank in Dallas

August 13, 2026 by Neil Ferguson

On August 4, the Federal Deposit Insurance Corporation (FDIC) approved a deposit insurance application for Augustus National Bank NA, a newly chartered national bank to be headquartered in Dallas. The organizers of the bank applied to the Office of the Comptroller of the Currency (OCC) for a national bank charter and received preliminary conditional approval … Read more

Categories News Tags AI banking, AI-native banking, Andy Riggs, Andy Riggs chief credit officer, artificial intelligence, Augustus National Bank NA, bank charter, bank regulation, Brex, Bruce Wallace, Bruce Wallace board of directors, core banking system, correspondent banking, cryptocurrency banking, Dallas Texas, de novo bank, deposit insurance, digital assets, FDIC, Federal Deposit Insurance Corporation, Ferdinand Dabitz, Ferdinand Dabitz CEO, GENIUS Act, Green Dot Bank, Greg Quarles, Greg Quarles president, H&R Block Bank, high-net-worth banking, international financial institutions, Joe Schenone, Joe Schenone chief financial officer, JPMorgan Chase, Kyle Steed, Kyle Steed chief risk officer, LendingClub, MUFG, national bank charter, new hire, OCC, Office of the Comptroller of the Currency, payment stablecoin, programmable money, Revolut, Smartbiz, stablecoin, technology banking, texas banking, Texas community banking, treasury services, United Texas Bank, virtual currency

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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

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© 2026 BANKERS DIGEST—PUBLISHED BY IBAT MARKETING INC.

a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2026 BANKERS DIGEST—PUBLISHED BY IBAT MARKETING INC.

a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2026 BANKERS DIGEST—PUBLISHED BY IBAT MARKETING INC.

a SUBSIDIARY of the Independent Bankers Association of Texas