FDIC updates de novo, nonbank resources

Feb 11, 2020
The FDIC updated its handbook for de novo applicants and released a supplement to its deposit-insurance application manual that addresses applications involving unique or complex proposals.

The supplement addresses issues relevant to applicants that are not traditional community banks. It includes definitions of "non-bank" and "non-community bank" and addresses issues such as application-review processes and field investigations. 

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