Regulatory Alerts2025-03-03 | FIL-4-2025FDIC Statement of Policy on Bank Merger Transactions
The Federal Deposit Insurance Corporation (FDIC) issues updated application procedures and substantive policies governing bank merger transactions, categorizing them into regular mergers, consolidations, purchase-and-assumption deals, corporate reorganizations, and interim mergers. The agency mandates prior written FDIC approval for insured depository institutions merging with or acquiring other IDIs or noninsured entities, while clarifying deposit insurance continuation rules and domestic branch establishment requirements. Furthermore, the document establishes specific approval criteria for interstate mergers, including capitalization standards, nationwide and statewide deposit concentration limits, and community reinvestment compliance obligations.