Three companies have filed ILC applications with the FDIC in 2025, already the highest number in a single year since 2021, S&P Global Market Intelligence wrote. These companies are hopeful the Trump administration will be more receptive to granting charters than the Biden administration was. No ILC applications were filed in 2023 or 2024.
Another S&P article discusses the FDIC's efforts to jumpstart de novo bank activity.
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Rob Blackwell
Chief Content Officer and Head of External Affairs
IntraFi
Arlington, VA
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