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Federal Deposit
Insurance Corporation

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

Since 1933, no depositor has ever 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 2/29/2020

Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 11 553 15 118 73 770
Denied 0 0 0 0 0 0
Returned 0 3 2 5 2 12
Withdrawn 3 20 3 3 27 56
Totals 14 576 20 126 102 838
Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 195 28 82 67 38 -
Median 206 22 63 52 31 -
Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 135 20 48 51 19 -
Median 117 19 42 43 20 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 7 511 10 96 58 682
Percent 64% 92% 67% 81% 81% 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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