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FDIC Board of Directors Rescinds Statement of Policy on the Qualifications for Failed Bank Acquisitions

March 19, 2026

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved the rescission of a Statement of Policy on the Qualifications for Failed Bank Acquisitions (Statement of Policy) issued in 2009 and related questions and answers issued in 2010. 

The Statement of Policy applied to private investments in certain companies that sought to assume deposit liabilities from a failed institution and to private investors involved in acquiring a failed bank through a shelf charter. The Statement of Policy imposed a number of restrictions and conditions in excess of regulatory requirements that served as a deterrent for nonbank entities to participate in the failed bank process. The objectives of the rescission are to remove regulatory barriers to nonbanks participating in bids on failed banks and to reduce the cost of failures to the Deposit Insurance Fund. 

The rescission of the Statement of Policy is effective upon publication in the Federal Register.

Attachment(s)

Rescission of Statement of Policy on the Qualifications for Failed Bank Acquisitions

Contact(s)

MediaRequests@fdic.gov

Last Updated: March 19, 2026