# Ramp application for US national trust bank charter

> Live situation record from CLSTR: https://clstr.news/situations/ramp-application-for-us-national-trust-bank-charter
> Updated: 2026-10-22T04:10:27.000Z. Sources: 4. Developments: 2.

Fintech company Ramp has applied to the Office of the Comptroller of the Currency (OCC) to establish Ramp National Trust Bank. The proposed entity, based in New York, aims to provide fiduciary investment management and digital asset custody services under a federal regulatory framework.

Ramp has specified that the new institution “will not take deposits or make commercial loans,” a strategy similar to other firms like Circle and Bridge. This move allows the company to offer regulated crypto safekeeping alongside existing banking partners.

The application follows legal opposition from the Independent Community Bankers of America (ICBA), which filed a lawsuit against the OCC in October. The ICBA argues that such charters act as an unauthorized “side door into the banking system for crypto firms.”

## Timeline

### 2026-10-22: Ramp applies for OCC national trust bank charter for digital asset custody

Fintech Ramp has applied for an OCC national trust bank charter to provide digital asset custody and investment management, amid legal disputes over the regulation of crypto-related charters.

2 sources. https://clstr.news/cluster/ramp-applies-for-occ-national-trust-bank-charter-for-digital-asset-custody

### 2026-10-19: Ramp applies for US national trust bank charter

Fintech firm Ramp has applied for a US national trust bank charter to offer digital asset custody and fiduciary investment management under federal supervision.

2 sources. https://clstr.news/cluster/ramp-applies-for-us-national-trust-bank-charter

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Cite as: Ramp application for US national trust bank charter. CLSTR, https://clstr.news/situations/ramp-application-for-us-national-trust-bank-charter