Gm financial bank withdraws its application for deposit insurance

Fort worth, texas--(business wire)--general motors financial company, inc. (“gm financial”), the captive finance subsidiary of general motors, has announced the withdrawal of gm financial bank's interagency charter and federal deposit insurance application (the “application”) from further processing by the federal deposit insurance corporation (“fdic”). the application was submitted in late 2020 to both the fdic and utah department of financial institutions (“udfi”). throughout this more than t.
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