Statement of Policy on Bank Merger Transactions

Key Points

• 1The FDIC will evaluate bank mergers based on factors like financial stability, management quality, and whether the merger reduces competition in local markets
• 2Banks must demonstrate that a merger won't harm consumers or weaken the overall banking system before the FDIC will approve it
• 3The policy aims to protect depositors' money and ensure communities have access to banking services at reasonable costs
• 4Banks planning to merge must provide detailed information about their operations, finances, and how the merger will affect customers and employees
• 5The FDIC can reject or impose conditions on mergers that would create problems for consumers or concentrate too much banking power in one company

Key Dates