Erebor: New bank by Palmer Luck [pdf]
occ.gov
occ.gov
More info: https://www.ft.com/content/202d68bd-629e-42da-a938-c612bc839...
I guess he can’t help himself with stealing Tolkien names for companies, sort of like Peter Thiel did with Palantir. Also worth noting this is the only bank charter the Trump administration has approved. Which makes sense since Luckey is a hardcore Trumpist.
Investors are all MAGA universe: Andreessen Horowitz, Lux Capital, 8VC, Peter Thiel's Founders Fund, and Palantir co-founder Joe Lonsdale