FDIC Releases Final Handbook for Organizers of De Novo Institutions

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Federal Deposit Insurance Corporation


Financial Institution Letter


FDIC Releases Final Handbook for Organizers of De Novo Institutions 

FIL-17-2017
5/1/2017


Summary:

Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions provides an overview of the business considerations and statutory requirements that de novo organizers will face as they work to apply for deposit insurance and establish a new depository institution.

Statement of Applicability to Institutions with Less Than $1 Billion in Total Assets: This Financial Institution Letter applies to all proposed insured depository institutions.

Distribution:
FDIC-Insured Depository Institutions

 

READ THE FIL