April 30, 2015
Federal Reserve Board releases its Semiannual Report on Banking Applications Activity
For immediate release
The Federal Reserve Board on Thursday released its 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The report includes information on the number of proposals that have been approved, denied, and withdrawn, as well as the average length of time taken to process proposals. Additionally, it discusses the common reasons that applicants have withdrawn their proposals from consideration.
The report is released twice per year for the periods ending June 30 and December 31 of each year and can be found at www.federalreserve.gov/bankinforeg/semiannual-reports-banking-applications-activity.htm. The latest report covers the period from July 1, 2014 to December 31, 2014.
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