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Federal Deposit
Insurance Corporation

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

Summary of New Deposit Insurance Application Activities

The Federal Deposit Insurance Corporation, in its role as deposit insurer and federal regulator, reviews applications submitted by individuals and other entities for approval to establish new FDIC-insured institutions.

Summary information on these applications is provided below.

Pending New Deposit Insurance Applications
Data as of August 20, 2019
Institution Name City State Date Received
Amerinat Bank Las Vegas NV 08/14/2019
Rakuten Bank America Midvale UT 07/26/2019
Varo Bank, National Association Draper UT 07/16/2019
Coastal Community Bank, N.A. Hollywood FL 07/05/2019
Triad Business Bank Greensboro NC 06/21/2019
NXG Bank Columbia MD 05/31/2019
Gulf Capital Bank Houston TX 05/08/2019
Bank of St. George St. George UT 04/08/2019
Loyal Trust Bank Johns Creek GA 03/11/2019
Gulf Atlantic Bank Key West FL 03/04/2019
Square Financial Services, Inc. Salt Lake City UT 12/19/2018

View approved applications: New Deposit Insurance Applications

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