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U.S. OCC Approves Conversion of Texas-based Cryptocurrency-Focused Bank into a National Bank

2026/05/28 09:16 (Updated 2026/05/28 14:01)
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Written by L.Kikutani
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U.S. OCC Approves Conversion of Texas-based Cryptocurrency-Focused Bank into a National Bank

U.S. OCC Approves National Bank Conversion for UTB

U.S. OCC Approves National Bank Conversion for UTB

On May 15, the U.S. Office of the Comptroller of the Currency (OCC) issued Corporate Decision No. 1375, conditionally approving the conversion of United Texas Bank (UTB), based in Dallas, Texas, from a state-licensed bank to a national bank. The official name post-conversion will be 'United Texas Bank, National Association'.

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