the list of nonbanks that have applied for thrift charters. Conseco, of Carmel, Ind., applied Dec. 23 to convert its South Dakota- chartered credit card bank, Green Tree Retail Services Bank, into a thrift. Conseco sells health, annuity, life, and medical insurance. It acquired manufactured-housing lender Green Tree Financial Corp. last year. The thrift unit would add mortgage lending and deposit accounts to the services that Conseco offers, according to an application filed with the Office of Thrift Supervision. Everen Capital Corp., a Chicago securities firm, applied Dec. 22 to launch Everen Federal Savings Bank. The thrift would offer Everen's existing clients residential mortgages, small-business loans, and student loans, according to the OTS application. The two applications bring to 47 the number of nonbanks with requests for thrifts pending with the OTS. -David Harrison
Save $400 off your subscription. Special offer ends April 30, 2017.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In