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.
| Institution Name | City | State | Date Received |
|---|---|---|---|
| AarBank | Minneapolis | MN | 10/11/2022 |
| United Community Bank | Encino | CA | 09/01/2022 |
| Nova Bank | Huntsville | AL | 08/24/2022 | Nave Bank | San Juan | PR | 08/16/2022 |
| Ford Credit Bank | Salt Lake City | UT | 07/22/2022 |
| Orca Bank | Bellingham | WA | 06/24/2022 |
| Zenith Bank & Trust | Scottsdale | AZ | 06/23/2022 |
| Battle Bank, N.A. | Avon | CO | 06/02/2022 |
| Icon Bank | Riverside | CA | 05/03/2022 |
| Houston Bank of Commerce | Houston | TX | 01/31/2022 |
| The New Canaan Bank | New Canaan | CT | 12/28/2021 |
| 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 |
View approved applications: New Deposit Insurance Applications