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Federal Deposit
Insurance Corporation

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

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.

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

Overview of Application Activity
12 months ending 3/31/2019

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 16 535 22 147 110 830
Denied 0 0 0 0 0 0
Returned 2 4 2 2 3 13
Withdrawn 7 20 5 6 20 58
Totals 25 559 29 155 133 901
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 180 30 108 65 76 -
Median 193 21 60 49 36 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 110 22 46 50 19 -
Median 114 20 44 42 20 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 12 485 19 115 83 714
Percent 75% 91% 86% 78% 75% 86%
1Processing days from receipt of a substantially complete application for approvals

Archive of Overviews of Application Activity

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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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