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Bank Examinations

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 May 26, 2026)
Institution NameCityStateDate Received
Venture Coast Partners LLCSan FranciscoCA05/21/2026
Mission Lane Bank, National AssociationRichmondVA04/20/2026
New South BankTampaFL04/17/2026
Florida Bank of FinanceCoral GablesFL04/16/2026
OpenReserve Bank, National Association Salt Lake CityUT04/15/2026
Alba BankHoustonTX03/31/2026
Upstart Bank, National Association WilmingtonDE03/25/2026
Tidestone BankCoral GablesFL03/23/2026
Bank of St. GeorgeSt. GeorgeUT03/20/2026
Itaú Bank, National AssociationMiamiFL03/16/2026
Strategist Bank BedfordNH03/13/2026
Revolut Bank US, N.A.StamfordCT03/05/2026
Affirm BankHendersonNV01/23/2026
bunq US Bank, N.A.New YorkNY01/07/2026
Augustus National Bank, National AssociationDallasTX12/19/2025
Mercury Bank, National AssociationSalt Lake CityUT12/18/2025
PayPal BankSalt Lake CityUT12/15/2025
VALT Bank, N.A. (Proposed)EagleID11/17/2025
Nubank, National AssociationMcLeanVA10/29/2025
TriCoast BankBurbankCA09/12/2025
Nissan Bank U.S., LLCSalt Lake CityUT06/20/2025
OneMain BankWest Valley CityUT03/13/2025
Porticoes National BankNew YorkNY04/09/2024

Last Updated: May 27, 2026