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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.

Semiannual Overview of Application Activity
07/01/2018 through 12/31/2018

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 13 278 14 77 40 422
Denied 0 0 0 0 0 0
Returned 1 2 1 2 2 8
Withdrawn 3 8 3 4 7 25
Totals 17 288 18 83 49 455
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 174 30 114 73 102 -
Median 189 21 60 52 52 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 108 23 38 51 12 -
Median 113 20 44 42 14 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 10 252 13 57 38 370
Percent 77% 91% 93% 74% 95% 88%
1Processing days from receipt of a substantially complete application for approvals

Archive of Semiannual 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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