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FDIC · announcement · info

FDIC announces two-phase deposit insurance application review process

The FDIC announced a new two-phase process for reviewing deposit insurance applications. Phase one provides contingent authorization within 120 days; phase two provides approval within 12 months after receipt of additional information. The FDIC stated the process is intended to…

Read the notice at content.govdelivery.com →

Agency
FDIC
Jurisdiction
US-FED
Action type
announcement
Severity
info — routine or administrative
Published
Recorded
Tags
deposit-insurancede-novobankingapplication-process
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