The FDIC approved the bank’s application on Dec 16. It still requires final approval from the Office of the Comptroller of the Currency.
Erebor Bank, Palmer Luckey’s finance startup backed by some of the biggest names in tech, got one step closer to launching after it cleared another key federal hurdle this week.
The Federal Deposit Insurance Corp. approved Erebor on December 16 with … [2332 chars]
Source: Business Insider | Published: 2025-12-18T22:37:35Z
Credit: Business Insider
