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FDIC Board Approves Request for Information on Industrial Banks and Industrial Loan Companies and Their Parent Companies

July 15, 2025

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved the publication of a request for information (RFI) that solicits information and comments from interested parties on how the agency reviews filings submitted by industrial banks and industrial loan companies (collectively, industrial banks). 

This feedback will help to inform how the FDIC evaluates the statutory factors applicable to each filing, considering the unique aspects of industrial bank business plans and the broad range of companies that may seek to establish an industrial bank in the modern marketplace.

Separately, the FDIC Board withdrew a proposed rule that would have amended Part 354 of the FDIC’s rules and regulations, Parent Companies of Industrial Banks and Industrial Loan Companies, published August 12, 2024. The FDIC no longer intends to issue a final rule with respect to this proposal. If the FDIC decides to make changes in this area, it will do so through a future regulatory action.

Public comments on the RFI are due 60 days after publication in the Federal Register.

Attachment(s)
Request for Information on Industrial Banks and Industrial Loan Companies and Their Parent Companies
Federal Register Notice: Withdrawal of Proposed Rule
Contact(s)
MediaRequests@fdic.gov

Last Updated: July 15, 2025