Block applies to regulators to establish Builders Bank & Trust
Block said it submitted an application to federal regulators to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust.
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XYZ - Block Applies to Establish Builders Bank, a National Trust Bank
XYZ - Block Applies to Establish Builders Bank, a National Trust Bank
Block Inc applies to OCC to establish Builders Bank & Trust
Block, Inc. (NYSE: XYZ) said it submitted an application to the Office of the Comptroller of the Currency to establish Builders Bank & Trust, N.A., an uninsured national trust bank. Approval would enable federal regulation.