Without a Comment Period, FDIC’s Rapid Review Track for De Minimis Mergers Would Leave Rural Communities Little Voice
Key Findings 530 FDIC-supervised banks hold $133.9 million or less in assets. Under the proposal, the FDIC could approve their acquisition as part of a de minimis merger transaction in the absence of any comment period. Those banks run 901 full-service branches in 558 counties. If every one of those branches closed, 112 counties in