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Transparency & Accountability - Bank Applications

Overview of Application Activity
12 months ending 12/31/2021

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 11 493 34 105 42 685
Denied 0 0 0 0 0 0
Returned 2 2 1 4 1  10
Withdrawn 8 15 5 2 8 38 
Totals 21 510 40 111  51 733
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 202 32 56 64 33 -
Median 199 21 42 52 32 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 145 23 34 51 24 -
Median 119 19 29 44 24 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 6 442 31 83 26 588
Percent 55% 90% 91% 79% 62% 86%

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

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Last Updated 02/08/2022
transparency@fdic.gov