Custodia Bank v. Federal Reserve Board of Governors
Tenth Circuit Reverses Dismissal, Rules Federal Reserve Must Justify Master Account Denials to Eligible Institutions
ca10 · 2026-03-13 · Remanded · Impact: 85/100
Custodia Bank, a Wyoming-chartered special purpose depository institution (SPDI), sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City after its application for a ma...