LexRegPulse Weekly - Sep 15, 2026
Alex: You're listening to the LexRegPulse Weekly for the week of September 13. I'm Alex.
Morgan: And I'm Morgan. Here's what mattered this week.
Alex: Chime agreed Tuesday to buy Central Service Corporation, the parent of Stride Bank, for $590 million in cash — buying outright the charter it's rented deposits from for seven years. Shares rose 11 percent on the announcement.
Morgan: Chime's chief executive called it a faster path to full-stack ownership than applying for its own charter.
Alex: And the arithmetic behind that is straightforward — owning the bank strips out partner-bank fees…
The skinny
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