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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Since 1933, no depositor has lost a penny of FDIC-insured funds

Transparency & Accountability - Bank Applications

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In its role as federal regulator, the FDIC reviews applications submitted by its insured institutions, individuals, and other entities for approval to undertake various transactions. These include applications for obtaining federal deposit insurance, engaging in mergers and acquisitions, and establishing branches.

Actions for selected application types since 2013 can be searched from the Application Search Tool.

For further questions regarding bank applications, please contact Supervision@fdic.gov.

Overview of Application Activity
12 months ending 4/30/2020

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 16 540 14 116 77 763
Denied 0 0 0 0 0 0
Returned 1 2 1 5 6 15
Withdrawn 3 26 3 5 29 66
Totals 20 568 18 126 112 844
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 205 28 75 71 34 -
Median 186 22 59 53 31 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 119 20 38 52 20 -
Median 117 18 34 43 21 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 11 501 11 95 59 677
Percent 69% 93% 79% 82% 77% 89%

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

Archive of Overviews of Applicaton Activity
12 months ending 12/31/2019
12 months ending 12/31/2018


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Bank Application Resources

Resources that govern applications to the FDIC.

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Decisions on Bank Applications

Decisions by FDIC on various types of bank applications.

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Pending New Deposit Insurance Applications

Applications submitted by individuals and other entities for approval to establish new FDIC-insured institutions.

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Applications for Deposit Insurance

Information and resources important to the deposit insurance application process.

Bank Applications Bank Examinations Consumer Protection & Deposit Insurance
Deposit Insurance for Bankers Legal Matters Resolutions & Failed Banks
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