United Texas Bank Gains OCC Approval for National Charter and Digital Asset Trust Powers

May 28, 2026
United Texas Bank has received approval from the Office of the Comptroller of the Currency to convert to a national bank charter, granting it full trust powers and authority to offer digital asset custody, stablecoin infrastructure, and real-time settlement through its UTB ATOMIC network.

United Texas Bank has received approval from the Office of the Comptroller of the Currency to convert to a national bank charter, announced in a press release. The Dallas-based institution becomes one of the few banks in the United States to complete a post Dodd Frank conversion, with full conversion expected in the next month.

The OCC also approved the bank to exercise full trust powers, expanding its authority to include fiduciary services for both traditional and digital assets. The conversion grants United Texas Bank access to FDIC insurance, Federal Reserve master account connectivity, and full commercial lending authority.

The bank's infrastructure now includes digital asset custody, stablecoin services, and real time settlement through its proprietary UTB ATOMIC network. It also operates the UTB PRISM SENTINEL compliance system for proactive risk management.

With these approvals, United Texas Bank becomes one of the few nationally chartered institutions able to act as both a digital asset custodian and a traditional trustee under OCC supervision.

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