1. LawStack
  2. Title 12 - Banks and Banking
  3. Chapter III - FEDERAL DEPOSIT INSURANCE CORPORATION
  4. Subchapter B - REGULATIONS AND STATEMENTS OF GENERAL POLICY
  5. Part 390 - REGULATIONS TRANSFERRED FROM THE OFFICE OF THRIFT SUPERVISION
  6. Subpart F - Application Processing Procedures
  7. 12 CFR § 390.134
12 CFR § 390.134
How will I know if my application has been approved?
November 10, 2020
CFR

(a) FDIC approval or denial.

(1) The FDIC will approve or deny your application before the expiration of the applicable review period, including any extensions of the review period.

(2) The FDIC will promptly notify you in writing of its decision to approve or deny your application.

(b) No FDIC action. If the FDIC fails to act under paragraph (a)(1) of this section, your application is approved.

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§ 390.133 How long is the FDIC review period?
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§ 390.135 What will happen if the FDIC does not approve or disapprove my application within two calendar years after the filing date?

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