The number of new FDIC-insured commercial bank charters in the United States decreased significantly from 2000 to 2023, despite an increasing trend in recent years. In 2023, there were nine new FDIC-insured commercial bank charters in the United States, down from n14 a year earlier.
Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2023
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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FDIC. (April 2, 2024). Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2023 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/193052/change-in-number-of-new-fdic-insured-us-commercial-bank-charters/
FDIC. "Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2023." Chart. April 2, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/193052/change-in-number-of-new-fdic-insured-us-commercial-bank-charters/
FDIC. (2024). Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2023. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/193052/change-in-number-of-new-fdic-insured-us-commercial-bank-charters/
FDIC. "Number of New Fdic-insured Commercial Bank Charters in The United States from 2000 to 2023." Statista, Statista Inc., 2 Apr 2024, https://www.statista.com/statistics/193052/change-in-number-of-new-fdic-insured-us-commercial-bank-charters/
FDIC, Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2023 Statista, https://www.statista.com/statistics/193052/change-in-number-of-new-fdic-insured-us-commercial-bank-charters/ (last visited December 19, 2024)
Number of new FDIC-insured commercial bank charters in the United States from 2000 to 2023 [Graph], FDIC, April 2, 2024. [Online]. Available: https://www.statista.com/statistics/193052/change-in-number-of-new-fdic-insured-us-commercial-bank-charters/
