Block files with OCC to create uninsured national trust bank
Block, Inc. filed an application with the Office of the Comptroller of the Currency to establish an uninsured national trust bank called Builders Bank & Trust.
Jack Dorsey-founded Block, Inc., is taking its turn in seeking to become a federally regulated national bank.The payments company said on Tuesday it filed an application with the Office of the Comptroller of the Currency to establish an uninsured national trust bank called Builders Bank & Trust, N…