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Bank Applications

Transparency & Accountability - Bank Applications

Last Updated: April 17, 2024

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 3/31/2024


Disposition of applications received
Disposition Deposit Insurance Branch Change in Control Merger Management Change Total
Approved 5 396 11 66 54 532
Denied 0 0 0 0 2 2
Returned 3 0 0 3 1 7
Withdrawn 7 19 5 4 9 44
Totals 15 415 16 73 66 585

Processing days from original receipt
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 348 31 122 122 82 -
Median 360 23 58 93 39 -

Processing days from receipt of a substantially complete application
Deposit Insurance Branch Change in Control Merger Management Change Total
Average 261 22 40 74 29 -
Median 224 19 35 47 24 -
Timeframe Goal1 120 30 45 60 25 -
Total # Approved within Goal 0 358 9 40 32 439
Percent 0% 90% 82% 61% 59% 83%

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

Archive of Overviews of Application Activity
12 months ending 12/31/2023
12 months ending 12/31/2022
12 months ending 12/31/2021
12 months ending 12/31/2020
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.