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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 November 22, 2022
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