---
schema_version: "secwatch.filing_event.v1"
accession: "0001647639-26-000036"
form_type: "8-K"
ticker: "UPST"
cik: "0001647639"
company_name: "Upstart Holdings, Inc."
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T16:42:21.248321+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Upstart announces plan to apply for national bank charter

## Summary
- Upstart will apply to OCC and FDIC to establish an insured national bank, Upstart Bank, N.A., and to the Fed for bank holding company status.
- Annie Delgado, Chief Risk Officer, is proposed CEO of Upstart Bank, N.A.
- Charter aims to reduce operational, regulatory, and financial complexity and allow direct deposit funding.
- Company states it will not compete with depository partners for local deposits; existing partners remain primary capital source.
- Application subject to regulatory approval; no timeline or certainty provided.

## SEC filing metadata
- accession: 0001647639-26-000036
- form_type: 8-K
- ticker: UPST
- cik: 0001647639
- company_name: Upstart Holdings, Inc.
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647639/000164763926000036/0001647639-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647639/000164763926000036/upst-20260310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001647639-26-000036
- JSON: https://secwatch.observer/filing/0001647639-26-000036.json
- Plain text: https://secwatch.observer/filing/0001647639-26-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.