FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...
GM Financial and Ford Credit are one step closer to forming industrial banks following approval this week from the FDIC ...
Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 ...
The FDIC has approved deposit insurance applications from Ford and GM, enabling them to set up industrial banks. Although ...
The Federal Deposit Protection Agency (FDIC) has authorized Ford and GM to create industrial banks to offer savings accounts ...
Bloomberg reports that in a strategic shift for its funding operations, GM Financial Co. quietly orchestrated a $2 billion private sale of auto loans last quarter, bypassing its usual public channels ...
GM Financial delivered a solid, above-average performance in the recently released J.D. Power 2025 U.S. Automotive Financing Satisfaction Study, navigating an auto loan landscape defined by ...
FDIC approves Ford Credit Bank and GM Financial Bank deposit insurance for Utah industrial banks funding auto loans via ...
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