Varo Is First FinTech to Receive Full-Service Charter from the OCC
CFPB Monitor
AUGUST 7, 2020
On July 31, 2020, the Office of the Comptroller of the Currency (OCC) approved the national bank charter application of Varo Bank, N.A., a wholly-owned subsidiary of fintech Varo Money, Inc. team — the first consumer fintech to receive a national bank charter. The water’s fine!”. Varo Bank, N.A.’s
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