Bank (national bank) · United States
Erebor Bank
Erebor Bank, National Association · erebor.com (opens source in new tab)
Crypto readiness score
1/3 status dimensions verified · 1 initiative · last verified 2026-11-08
Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | — | No verified status — not scored |
| Regulatory standing | 25 | 25 | Approved / authorised · initiative |
| Technical delivery | 20 | — | No verified status — not scored |
| Product breadth | 15 | 5 | 1 product category with a verified status: Custody & trading |
| Recent verified activity | 5 | 5 | Last verified change 2026-02-06 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Custody & trading · United States
Erebor Bank: OCC national bank charter for technology companies and virtual-currency users, with crypto-asset custody
- regulatory
- Approved / authorised2026-02-06
- technical
- Unknown
- commercial
- Unknown
The OCC conditionally approved Erebor Bank, N.A. on 15 October 2025 as a full-service insured national bank for technology companies and ultra-high-net-worth individuals that use virtual currencies, finding that holding limited crypto-assets to pay gas fees is incidental to its crypto-asset custody services; the bank was chartered and granted FDIC deposit insurance on 6 February 2026.
Scope: National bank, main office Columbus, Ohio; no physical branches (per CRA plan).
In tracker · last verified 2026-11-08
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised Erebor Bank: OCC national bank charter for technology companies and virtual-currency users, with crypto-asset custody
Office of the Comptroller of the Currency · 6 Feb 2026
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- BCV · named role (tracker) · organizing group / holding company
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-05-06Primary record · Office of the Comptroller of the Currency (document by Erebor Bank, N.A.)Erebor Bank, N.A. Community Reinvestment Act 2026-2028 Strategic Plan (published by the OCC) (opens source in new tab)
- 2025-10-15Primary record · Office of the Comptroller of the CurrencyOCC conditional approval letter: Application to Charter Erebor Bank, National Association, Columbus, Ohio (OCC Control No. 2025-Charter-342076) (opens source in new tab)
Markets (from stated target markets): United States
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-02-06 · Status
Chartered and granted FDIC deposit insurance on 6 Feb 2026 (CRA strategic plan published by the OCC).
2025-10-15 · Status
OCC preliminary conditional approval of the de novo national bank charter (news release 2025-101).
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
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