Number of new FDIC-insured commercial bank charters 2022

The number of new FDIC-insured commercial bank charters in the United States decreased significantly from 2000 to 2022, in spite of an increasing trend in recent years. In 2022, there were 14 new FDIC-insured commercial bank charters in the United States, up from nine a year earlier.

Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2022

Characteristic	Number of new charters
2022	14
2021	9
2020	7
2019	13
2018	7
2017	5
2016	0
2015	1
2014	0
2013	1
2012	0
2011	0
2010	5
2009	24
2008	90
2007	175
2006	178
2005	167
2004	120
2003	110
2002	90
2001	125
2000	188

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Release date

April 2023

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Region

United States

Survey time period

2000 to 2022

Supplementary notes

FDIC stands for Federal Deposit Insurance Corporation.
FDIC-insured commercial banks include the following categories of depository institutions insured by the FDIC: national banks, state chartered banks and trust companies (except savings banks), commercial banks, either national or state chartered, insured by the FDIC, other financial institutions which operate under general banking codes, or are specifically authorized by law to accept deposits and in practice do so or the obligations of which are regarded as deposits for deposit insurance.
A charter is the legal authorization to conduct business and is granted to a financial institution by federal or state government.
The statistic does not include figures for Guam, Puerto Rico, Virgin Islands, and all other United States territories and possessions.
Release date is date of access.

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