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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 June 28, 2022
Institution Name City State Date Received
Zenith Bank & Trust Scottsdale AZ 06/23/2022
Orca Bank Bellingham WA 06/21/2022
Battle Bank, N.A. Avon CO 06/02/2022
Sovereign Bank Traverse City MI 05/10/2022
Icon Bank Riverside CA 05/03/2022
Beta Bank Chicago IL 04/28/2022
GSL Municipal Bank Gouverneur NY 03/07/2022
Houston Bank of Commerce Houston TX 01/31/2022
Evermore Bank Fort Lauderdale FL 01/14/2022
Community Unity Bank Birmingham MI 01/12/2022
Texas Traditions Bank Katy TX 01/03/2022
The New Canaan Bank New Canaan CT 12/28/2021
Bank of Burlington Burlington VT 11/30/2021
Bank Irvine Irvine CA 11/18/2021
American Women’s Bank, N.A. Camp Hill PA 11/02/2021
Beach Cities Commercial Bank Irvine CA 09/27/2021
Walden Mutual Bank Concord NH 09/01/2021
Thrivent Bank Salt Lake City UT 07/16/2021
Rakuten Bank America Midvale UT 01/15/2021
GM Financial Bank Salt Lake City UT 12/14/2020
Edward Jones Bank Salt Lake City UT 07/01/2020

View approved applications: New Deposit Insurance Applications