Itaú Bank, National Association
Where the charter stands
FDIC deposit insurance application received Mar 16, 2026; pending as of Oct 27, 2026. OCC preliminary conditional approval Aug 14, 2026 (Corporate Decision #1386); Federal Reserve and FDIC approvals still required. Single Miami location serving Brazil- and Latin America-linked high-net-worth clients.
Source: FDIC pending deposit insurance applications, as of October 27, 2026.
Capital
OCC requires at least $507M at launch
Leadership
Proposed U.S. CEO Percy Moreira, head of Itaú's international private bank
Common questions
Is Itaú Bank, National Association open?
Not yet. As of November 2, 2026, its status is application pending. FDIC deposit insurance application received Mar 16, 2026; pending as of Oct 27, 2026. OCC preliminary conditional approval Aug 14, 2026 (Corporate Decision #1386); Federal Reserve and FDIC approvals still required. Single Miami location serving Brazil- and Latin America-linked high-net-worth clients.
How much capital does Itaú Bank, National Association have?
OCC requires at least $507M at launch
Who leads Itaú Bank, National Association?
Proposed U.S. CEO Percy Moreira, head of Itaú's international private bank
A new bank picks its loan and account intake once. RAVEN verifies income, assets and identity from the source, so day-one applications arrive complete.