Federal Reserve Board releases first Semiannual Report on Banking Applications Activity

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Federal Reserve Board releases first Semiannual Report on Banking Applications Activity

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The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 24, 2014. It is reproduced in full below.

The Federal Reserve Board on Monday released its first Semiannual Report on Banking Applications Activity, which provides aggregate information on proposals filed by banking organizations and reviewed by the Federal Reserve.

The report includes statistics on the number of proposals that have been approved, denied, and withdrawn, as well as general information about the length of time taken to process proposals. Additionally, it discusses common reasons that proposals have been withdrawn from consideration.

The report will be released twice each year for reporting periods ending June 30 and December 31. The next report, which will include information on the reporting period ending Dec. 31, 2014, is expected to be released during the first half of 2015.

For media inquiries, call 202-452-2955.

Semiannual Report on Banking Applications Activity: HTML | PDF

Source: Board of Governors of the Federal Reserve System

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