11/8/26
Opposition to Rain’s National Trust Bank Charter Application
ICBA told the OCC it opposes the application filed by Signify Holdings Inc. (Rain) to organize Rain National Trust Bank, a national trust bank in New York, New York. ICBA urged the OCC to deny the application or at least defer action until Rain provides further public disclosure, the public has an opportunity to comment, and the OCC has addressed legal and supervisory concerns.