Tuesday, Aug. 25, 2026, 39 state bankers associations announced the formation of BankChain Alliance to provide customers across the country secure, modern banking services at financial institutions of all sizes.
Representing one of the most expansive efforts among state bankers associations, the Alliance is creating an industry-owned, industry-designed and industry-governed network built on a common blockchain platform. The BankChain Alliance network will allow participating financial institutions the ability to provide emerging banking capabilities while maintaining the regulatory standards, security and trust that customers expect from their banks. Examples of such innovations are smart payment tools, tokenized deposits, stablecoins, automated settlement and other innovations.
“This is about banks of all sizes building their own future,” said Kathy Kraninger, interim chair of BankChain Alliance, and Florida Bankers Association president and CEO. “Through an unprecedented collaboration representing thousands of banks, BankChain Alliance is developing a secure, regulated, industry-built and industry-owned network that allows institutions of all sizes to provide modern capabilities so they can continue serving customers safely and efficiently in rural, urban and regional communities across the country.”
The Alliance is undergoing a rigorous process to select a technology partner and is targeting a 2027 launch. The BankChain Alliance network will be interoperable with other networks and invites ownership from banks across the country.
Together, the state bankers associations represent thousands of financial institutions serving millions of consumers, businesses and communities nationwide. While each association serves its own unique market, this initiative reflects a unified vision: that the future of banking is strongest when built collaboratively, governed by industry and accessible to all institutions.
"Our member banks’ first priority has always been to serve their communities with every tool at their disposal. BankChain Alliance represents another tool in their toolbox as payment systems continue to evolve, while keeping the focus on what matters most," said Amber Van Til, president and CEO of the Indiana Bankers Association.
Participating State Bankers Associations Include:
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Alabama Bankers Association |
New Hampshire Bankers Association |
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Arkansas Bankers Association |
New Jersey Bankers Association |
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Connecticut Bankers Association |
North Carolina Bankers Association |
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Delaware Bankers Association |
North Dakota Bankers Association |
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Florida Bankers Association |
Ohio Bankers League |
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Georgia Bankers Association |
Oklahoma Bankers Association |
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Hawaii Bankers Association |
Oregon Bankers Association |
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Idaho Bankers Association |
Pennsylvania Bankers Association |
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Indiana Bankers Association |
Oregon Bankers Association |
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Iowa Bankers Association |
South Carolina Bankers Association |
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Kansas Bankers Association |
South Dakota Bankers Association |
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Maine Bankers Association |
Tennessee Bankers Association |
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Maryland Bankers Association |
Texas Bankers Association |
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Massachusetts Bankers Association |
Utah Bankers Association |
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Michigan Bankers Association |
Vermont Bankers Association |
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Minnesota Bankers Association |
Virginia Bankers Association |
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Mississippi Bankers Association |
Washington Bankers Association |
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Missouri Bankers Association |
Wisconsin Bankers Association |
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Nebraska Bankers Association |
Wyoming Bankers Association |
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Nevada Bankers Association |
Media Contacts:
Indiana Bankers Association
Evan Hoffmeyer
BankChain Alliance
Barbara Hagenbaugh