Definition
A limited-purpose OCC national bank charter focused on trust/fiduciary and related activities, often sought by fintechs/crypto issuers for federal oversight without full commercial bank powers.
Key Points
- Wise application for Wise National Trust denied July 21, 2026 (Corporate Decision #1381)
- Circle received final national trust approval earlier in July 2026
- AML/CFT and fiduciary competence are central review factors