Bank Application Resources - Mutual-To-Stock Conversion
Provided below are resources that should be helpful for those considering or pursuing an application to convert to a stock form of ownership. The resources include appropriate references to the Federal Deposit Insurance Act and the FDIC Rules and Regulations, along with links to relevant policy statements, guidance, and available forms.
Contact the appropriate FDIC Regional Office:
- For any questions or inquiries
- Prior to submitting an application that involves unique or unusual circumstances
Resources Specific to Applications for Mutual-to-Stock Conversions and the Application Process
Laws and Regulations
- Part 303 Subpart I of the FDIC's Rules and Regulations - Mutual-to-Stock Conversions
- Part 303 Subpart M; Section 303.250 of the FDIC's Rules and Regulations - Modification of Conditions
- Part 303 Subpart M; Section 303.231 of the FDIC's Rules and Regulations - Extension of Time
- Section 333.4 of the FDIC's Rules and Regulations - Conversions from Mutual to Stock Form
- FDIC Statement of Policy Regarding Use of Offering Circulars in Connection with Public Distribution of Bank Securities
Other Resources
Last Updated 12/04/2018