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Transparency & Accountability - Bank Applications

Overview of Application Activity
12 months ending 12/31/2022

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 11 481 22 68 44 626
Denied 0 0 1 0 2 3
Returned 4 2 0 0 4 10
Withdrawn 12 13 3 12 6 46
Totals 27 496 26 80 56 685
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 245 27 74 94 56 -
Median 227 21 71 69 40 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 169 20 46 59 25 -
Median 156 19 43 45 25 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 2 445 17 45 24 533
Percent 18% 93% 77% 66% 55% 85%

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

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Last Updated 02/22/2023
transparency@fdic.gov