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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 30, 2020
Institution Name City State Date Received
OUR Community Bank Hialeah FL 06/23/2020
NewBank, National Association New York NY 06/05/2020
Genesis Bank Newport Beach CA 06/05/2020
Rakuten Bank America Midvale UT 05/29/2020
Agility Bank, National Association Houston TX 04/01/2020
Classic City Bank Athens GA 03/18/2020
GreatAmerica Bank Salt Lake City UT 03/04/2020
TYME Bank Farmers Branch TX 12/23/2019
PiNG Bank Jersey City NJ 11/27/2019
Legacy Bank Temecula CA 11/07/2019
Scottsdale Community Bank Scottsdale AZ 11/05/2019
FWBank Chicago IL 09/23/2019
AmeriNat Bank Las Vegas NV 08/14/2019
NXG Bank Columbia MD 05/31/2019

View approved applications: New Deposit Insurance Applications