FDIC-insured commercial bank additions through conversion in the U.S. 2000-2018

In 2018, there were 28 new FDIC-insured commercial banks created through conversion in the United States.

Number of FDIC-insured commercial bank additions through conversion in the United States from 2000 to 2018

Number of banks added through conversion
201828
201716
201613
201514
201423
201313
201222
201119
20108
200910
200812
200719
200611
200511
200425
200316
200212
200116
200022
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Source

Release date

October 2019

Region

United States

Survey time period

2000 to 2018

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.
The statistic does not include figures for Guam, Puerto Rico, Virgin Islands, and all other United States territories and possessions.

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