Federal Register #2026-21513

Federal Reserve notice of Chime Financial’s application to become a bank holding company

This Federal Reserve System notice concerns Chime Financial, Inc.’s application to become a bank holding company, not a procurement opportunity. - Government agency: Federal Reserve System. - Applicant: Chime Financial, Inc., of San Francisco, California. - Proposed transaction: Chime Financial seeks to acquire Central Service Corporation and thereby indirectly acquire Stride Bank, both based in Enid, Oklahoma. - Procurement status: No products, services, quantities, OEMs, or procurement vendors are requested.

Description

The Federal Reserve System gives notice that companies have applied for approval under the Bank Holding Company Act of 1956, Regulation Y, and other applicable laws and regulations to become bank holding companies or to acquire banks or bank holding companies. One application is listed: Chime Financial, Inc., of San Francisco, California, to become a bank holding company by acquiring Central Service Corporation and thereby indirectly acquiring Stride Bank, both of Enid, Oklahoma. Comments on the application must be received by November 20, 2026. The application materials are available for inspection at the Federal Reserve Bank of San Francisco and the Board of Governors’ offices.

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