The FDIC proposed a comprehensive overhaul of its bank merger review process in September, establishing firmer deadlines, creating a five-day “de minimis” track for very small transactions, and expanding the competitive analysis to include credit union deposits and centrally booked deposits. The proposal also relaxes the treatment of banks with less-than-satisfactory supervisory ratings, allowing 3-rated institutions to qualify for expedited processing. FDIC Chairman Travis Hill said the agency averaged 107 days from receipt to final action in 2023-2024; that number dropped to 64 days year-to-date in 2026.
What you should do: If a sale or merger is part of your long-term strategy, the window through 2026 is open wider than it has been in years. Approval timelines are shortening, and the competition analysis is becoming more realistic about nonbank competitors. Ensure your institution is “deal-ready” with clean audits and a clear growth narrative. Comments are due 60 days after Federal Register publication.
Press release: https://www.fdic.gov/news/press-releases/2026/fdic-board-directors-approves-proposed-rule-modernize-and-reform-fdics