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Nissan applies to form Nissan Bank U.S.

NMAC would join other key auto finance companies with a Utah bank charter

Aidan BushbyAidan Bush
June 20, 2025
in Capital & Funding
Reading Time: 1 min read
0

Captive Nissan Motor Acceptance Corp. applied today to form Nissan Bank U.S., an industrial bank chartered in Salt Lake City. If approved by the Federal Deposit Insurance Corp., Nissan Bank U.S. would commercially finance Nissan, Infiniti and non-Nissan dealerships, according to today’s release. Presumably, this will cut funding costs for Nissan. NMAC would continue to […]

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