U.S. FDIC-insured commercial bank additions via conversion 2019

In 2019, there were nine 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 2019

Characteristic	Number of banks added through conversion
2019	9
2018	29
2017	16
2016	13
2015	14
2014	23
2013	13
2012	22
2011	19
2010	8
2009	10
2008	12
2007	19
2006	11
2005	11
2004	25
2003	16
2002	12
2001	16
2000	22

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Release date

October 2020

More information

Region

United States

Survey time period

2000 to 2019

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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