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About

Transparency & Accountability - Bank Applications

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 7/31/2024
Disposition of applications received
DispositionDeposit InsuranceBranchChange in ControlMergerManagement ChangeTotal
Approved738066776536
Denied000000
Returned11021216
Withdrawn720241548
Totals154011873103600
Processing days from original receipt
 Deposit InsuranceBranchChange in ControlMergerManagement ChangeTotal
Average4133012414671-
Median360235410833-
Processing days from receipt of a substantially complete application
 Deposit InsuranceBranchChange in ControlMergerManagement ChangeTotal
Average19122467730-
Median16319294826-
Timeframe Goal112030456025-
Total # Approved within Goal234044038424
Percent29%89%67%60%50%79%

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

Image of a bank

Bank Application Resources

Resources that govern applications to the FDIC.

Image of woman talking to man with a report in hand

Decisions on Bank Applications

Decisions by FDIC on various types of bank applications.

Image of of pending stamped document

Pending New Deposit Insurance Applications

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

Image of woman talking to man with a report in hand

Applications for Deposit Insurance

Information and resources important to the deposit insurance application process.

Last Updated: July 9, 2024