Provided below are resources that should be helpful for an institution considering or pursuing an application to exercise trust powers. The resources include appropriate references to the Federal Deposit Insurance Act and the FDIC Rules and Regulations, along with links to relevant policy statements, guidance, and available forms.
Contact the appropriate FDIC Regional Office:
- For any questions or inquiries
- Prior to submitting an application that involves unique or unusual circumstances
Resources Specific to Applications for Consent to Exercise Trust Powers and the Application Process
Application Forms
- Application for Consent to Exercise Trust Powers
- Financial Institution Letter (FIL-58-2005): Three New FDICconnect Business Transactions Available
Laws and Regulations
- Part 333 of the FDIC Rules and Regulations – Extension of Corporate Powers
- Section 303.242 of the FDIC Rules and Regulations – Exercise of Trust Powers
Other Resources
Examination Manuals
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