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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Financial Institution Letters

FIL-38-2019
July 10, 2019

FDIC Releases Initial Sections of its Applications Procedures Manual

Printable Format:

FIL-38-2019 - PDF (PDF Help)

Summary:

The FDIC posted sections of its Applications Procedures Manual (manual) to its website to provide greater transparency regarding the FDIC's internal processes. The manual provides direction for professional staff assigned to review and process applications, notices, and other requests (collectively, filings) submitted to the FDIC. This is the first in a series of releases that will comprise the complete manual, and each subsequent release will include multiple sections governing specific filing types.

Statement of Applicability to Institutions with Total Assets Under $1 Billion: This Financial Institution Letter transmits a manual intended to be used by FDIC personnel. No action on the part of any insured depository institution is necessary.

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Note:

FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/index.html

To receive FILs electronically, please visit www.fdic.gov/about/subscriptions/fil.html.

Paper copies of FILs may be obtained from the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).

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