Tagged: erebor bank

Erebor Bank Nears $1.5B Raise to Fill Gap Left by Silicon Valley Bank Demise

Erebor Bank, a Columbus, Ohio-based digital bank that targets high-net-worth individuals and startups, may soon receive a $1.5 billion investment, according to reports. The anticipated round would place the bank’s pre-money valuation is expected to be $8 billion. The funding is reportedly about 2X the… Read More

Erebor Bank, a Digital Bank for HNW and Startups, Has Received a National Bank Charter

Erebor Bank, a Columbus, Ohio-based digital bank serving high-net-worth individuals and startups, has been approved for a national bank charter by the Office of the Comptroller of the Currency (OCC). Erebor was previously approved for a conditional charter in October.  FDIC insurance was approved in… Read More

Crypto Friendly Digital Bank Erebor Sees FDIC Application Approved

Erebor Bank’s deposit insurance application has been approved by the Board of Directors of the Federal Deposit Insurance Corporation. Erebor received approval for a bank charter in October, the first de novo national bank charter issued under the current administration. Headquartered in Columbus, Ohio, the bank… Read More

Crypto Friendly Erebor Bank Gains National Bank Charter

The Office of the Comptroller of the Currency (OCC) has provided a provisional bank charter to Erebor Bank, the first de novo national bank charter issued under the current administration. Erebor Bank is a digital asset-friendly bank that has the support of some big names,… Read More

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