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The FDIC Issue an Update to its Publication Entitled Applying for Deposit Insurance - A Handbook for Organizers of De Novo Institutions, Finalizes its Deposit Insurance Applications Procedures Manual, and Establishes a Designated Applications Mailbox
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12/06/2018
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Description:The FDIC issued an update to its publication entitled Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions, and is issuing its Deposit Insurance Applications Procedures Manual in final form. The handbook, which was developed to facilitate the process of establishing new banks, was originally issued on December 22, 2016. The manual was issued for public comment on July 10, 2017, and provides comprehensive instruction to staff regarding the deposit insurance application process. The mailbox provides an additional channel for interested parties to ask questions of designated applications specialists.
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Release Date:12/06/2018
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Update Date:05/05/2020
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Withdrawn Date:05/05/2020
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Fdic Employee Involved:Donald R. Hamm
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Law Involved:Community Reinvestment Act
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Related Regulation:12 CFR Part 303 (Subparts A and B)
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Source:FDIC Website
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Memorandum To:FDIC-Insured Depository Institutions
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FIL Number:FIL-83-2018
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