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Mission Lane wins first new credit card bank charter in 20 years

Mission Lane Bank will need $35 million in paid-in capital within a year and an 11% Tier 1 leverage ratio for three years, the OCC's conditions on its new Richmond, Virginia charter.

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Mission Lane wins first new credit card bank charter in 20 years

Mission Lane Bank will need $35 million in paid-in capital within a year and an 11% Tier 1 leverage ratio for three years, the OCC's conditions on its new Richmond, Virginia charter.

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Startup Fortune broke the news 2 hours ago on Monday, October 5, 2026.

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Mission Lane wins first new credit card bank charter in 20 years

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Mission Lane wins first new credit card bank charter in 20 years

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