Block seeks OCC bank charter

{
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  "signal_type": "news",
  "signal_subtype": "is_developing",
  "detected_at": "2026-09-09T14:09:00+00:00",
  "company": {
    "name": "Block",
    "domain": "block.xyz"
  },
  "data": {
    "url": "https://www.bankingdive.com/news/block-seeks-occ-bank-charter/829934/",
    "title": "Block seeks OCC bank charter",
    "author": "Justin Bachman",
    "excerpt": "Cash App’s parent is joining a parade of fintechs seeking to become national banks as the Office of the Comptroller of the Currency allows more leeway for such licenses. First published on Block is seeking regulatory approval to operate a national trust bank, joining a copious list of fintechs seeking to become banks. The parent of Cash App and Square said Tuesday it will establish Builders Bank & Trust if granted approval by the Office of the Comptroller of the Currency. Block’s bank would provide “ custody and related fiduciary services, including for bitcoin and stablecoins,” the company said in a press release . Builders Bank would be uninsured and not take deposits or make loans, the company said. “Building on Block’s experience in the digital asset space, our history with Square Financial Services, and the deep banking expertise of the team we’ve assembled, we believe Builders Bank is well positioned to support Block’s broader vision of economic empowerment,” Lee Woolley, who would serve as the bank’s president and CEO, said in the release. Woolley is Block’s digital asset strategy lead and the former CEO of Treasury Department Federal Credit Union. The charter would give Block “a federal supervisory framework for certain custody and related activities” the company now offers, the Oakland, California-based firm said in the release. Block’s Square point-of-sale business...",
    "product": "Builders Bank & Trust",
    "summary": "Block is seeking regulatory approval from the Office of the Comptroller of the Currency to operate a national trust bank called Builders Bank & Trust.",
    "location": "Oakland, California, USA",
    "planning": true,
    "image_url": "https://imgproxy.divecdn.com/QAXTzq5zC5RdtU1Yip1N3PV44xkKN3l9PwkeYDIBy-Y/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xMzIxNzUzMzU0LmpwZw==.webp",
    "confidence": 0.9,
    "product_data": {
      "name": "Builders Bank & Trust",
      "full_text": "Builders Bank & Trust",
      "fuzzy_match": false
    },
    "published_at": "2026-09-09T14:09:00Z",
    "location_data": [
      {
        "city": "Oakland",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Block is seeking regulatory approval to operate a national trust bank, joining a copious list of fintechs seeking to become banks."
  }
}

curl https://signals.autobound.ai/v1/signals/bdcf768c-bf84-bf8b-5fba-0bc67589c6fc \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"block.xyz","limit":20}'