The Federal Financial Institutions Examination Council, on behalf of its member entities, has released a statement on promoting de novo depository institution formation and providing greater transparency on the formation process. The statement includes agency-specific resources for applicants and is not intended to introduce new instructions.
Federal Financial Institutions Examination Council2026-06-29
Federal Financial Institutions Examination Council releases de novo depository formation statement with applicant resources
The Federal Financial Institutions Examination Council has issued a statement on de novo depository institution formation. It provides agency-specific applicant resources and is framed as added transparency rather than new instructions.