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Transparency & Accountability - Bank Applications

Overview of Application Activity
12 months ending 12/31/2020

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 15 430 17 77 67 606
Denied 0 0 0 0 1 1
Returned 4 5 1 1 20
Withdrawn 10 22 0 12 16 60 
Totals 29 457 18 90  93 687
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 238 27 79 77 40 -
Median 206 21 61 54 30 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 150 19 42 60 26 -
Median 128 19 42 44 25 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 7 400 14 58 38 516
Percent 47% 93% 82% 75% 57% 85%

1Processing days from receipt of a substantially complete application for approvals

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