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Tom Curry Quoted on the OCC’s Special Purpose National Bank Charter in Bloomberg BNA
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Tom Curry, a partner in Nutter’s Corporate and Transactions Department and co-leader of the firm’s Banking and Financial Services group, discussed the OCC’s provisional approval of Varo Bank’s special purpose national bank charter in Bloomberg BNA. In the article, “2019 Outlook: Sea Change or Status Quo for Fintech Chartering?” Tom stated that Varo’s approval signals that the OCC appears to be comfortable with a fintech-type business plan.