National Supervisory Authority & Licensing Qualification Dossier • North America
FDIC
United StatesFederal Deposit Insurance Corporation (U.S.)
Source / Native Reference: 联邦存款保险公司
- Supervisory tier
- Tier-1
- License classes
- 2
- Licensed records
- 26
- Active / regulated
- 26
Statutory Supervisory Mandate & Scope
Federal Deposit Insurance Corporation (U.S. FDIC) (FDIC) is the central banking and prudential supervisory authority in United States (Tier-1 jurisdiction). Its mandate encompasses monetary policy implementation, systemic financial stability, Basel III capital adequacy and liquidity (LCR/NSFR) supervision for credit institutions, payment systems oversight, and statutory licensing of banks and authorised financial institutions.
Prudential Tier Assessment
Tier-1Tier-1 sovereign central bank and macroprudential banking supervisor for United States, enforcing Basel III capital adequacy and national payment system integrity.
National licensing qualifications & statutory authorisation classes (FDIC)
Authorisation categories, permitted institutional and retail activities, minimum initial capital adequacy, and ongoing prudential solvency rules enforced by FDIC in United States.
| License class / code | Official designation | Permitted institutional & retail activities | Minimum initial / base capital | Ongoing prudential & solvency rule |
|---|---|---|---|---|
| Class A / Commercial Banking Charter | Full Commercial & Institutional Banking Licence | Deposit-taking, commercial lending, interbank FX market-making, trade finance, and institutional custody. | USD $10,000,000 – $50,000,000+ paid-up Tier 1 capital | Minimum Basel III Total Capital Ratio ≥ 10.5%–12.5%, CET1 ≥ 7.0%, LCR ≥ 100%, and NSFR ≥ 100%. |
| EMI / Payment & FX Institution Licence | Authorised Payment Institution / Electronic Money & FX Remittance Licence | Cross-border remittance, electronic money issuance, merchant payment acquiring, and deliverable spot FX conversion. | USD $150,000 – $500,000 equivalent paid-up capital plus statutory central bank security deposit. | 100% daily safeguarding of customer float in segregated commercial bank trust accounts. |
Investor compensation, client money segregation & digital-asset regime
Statutory counterparty protections, custody reconciliation mandates, and virtual-asset licensing status under FDIC.
Statutory Deposit Insurance & Bank Resolution Scheme (United States)
- Maximum coverage per client
- USD $100,000 – $250,000 / EUR €100,000 equivalent per eligible depositor
- Eligible counterparties & scope
- Retail depositors and eligible corporate deposit accounts held at licensed credit institutions.
FDIC Prudential Safeguarding & Custody Directives
- Reconciliation & audit cadence
- Daily reserve and Nostro/Vostro liquidity reconciliation; 100% ring-fencing of payment institution safeguarding accounts.
- Approved custodian requirements
- Central bank reserve accounts or ring-fenced statutory trust accounts at Tier-1 correspondent banks.
FDIC Prudential Cryptoasset Exposure (BCBS SCO60) & CBDC / Stablecoin Oversight
- Travel Rule, custody & stablecoin rules
- Full FATF Recommendation 16 Wire Transfer & Virtual Asset Travel Rule compliance across supervised banking rails.
Primary Governing Statutes & Rulebooks
- Central Bank & Banking Supervision Act of United States
- Basel III Capital Adequacy (CET1 / Tier 1 / Total Capital) & Liquidity (LCR / NSFR) Prudential Standards
- National Payment Systems & Foreign Exchange Control Regulations (United States)
- FATF-Aligned Anti-Money Laundering & Counter-Terrorist Financing (AML/CFT) Banking Directives
Regulatory Reporting & Audit Obligations
Monthly/Quarterly Basel III COREP/FINREP prudential capital and liquidity returns to FDICAnnual IFRS statutory financial audit by an approved central-bank-panel external audit firmReal-time large-exposure, foreign exchange position, and suspicious transaction reporting (STR)
Cross-Border Equivalence & Passporting
Requires FDIC home-host supervisory college approval or local branch/representative office licensing for cross-border banking operations.
Supervised institutions & FDIC licence records in our database
26 licence records referencing FDIC (26 regulated/registered).
| Institution | Licence number | Status | Licensed legal entity | Effective date | Verification |
|---|---|---|---|---|---|
| American Express | 27471 | Regulated | American Express National Bank | 1989-03-20 | |
| BofA | Number pending check | Regulated | Bank of America, National Association | — | |
| Citibank, N.A. | 7213 | Regulated | Citibank | 1934 | |
| Fifth Third Bank | 6672 | Regulated | Fifth Third Bank, National Association | 1934-01-01 | |
| KeyBank | 11510 | Regulated | KeyBank National Association | 1956-01-16 | |
| MS | 32992 | Regulated | Morgan Stanley Bank, National Association | 1990-05-25 | |
| U.S. Bank | 6548 | Regulated | U.S. Bank National Association | 1934-01-01 | |
| Wells Fargo | 3511 | Regulated | Wells Fargo Bank, National Association | 1934-01-01 | |
| Wells Fargo | 1 | Regulated | Wells Fargo Bank, National Association | — | |
| BMO | Number pending check | Regulated | BMO Bank National Association | — | |
| Cathay Bank | 18503 | Regulated | Cathay Bank | — | |
| SHINHAN BANK | 33188 | Regulated | Shinhan Bank America | 1990-10-18 | |
| The Bank of New York Mellon | Number pending check | Regulated | The Bank of New York Mellon | — | |
| Ally Financial | 57803 | Regulated | Ally Bank | 2004-08-02 | |
| Ameriprise Financial | 58303 | Regulated | Ameriprise Bank, FSB | 2006-09-14 | |
| East West Bank | 31628 | Regulated | East West Bank | — | |
| Popular Bank | 34967 | Regulated | Popular Bank | 1999-01-02 | |
| State Street | 6 | Regulated | State Street Bank and Trust Company | 1934-01-01 | |
| SVB | 11063 | Regulated | First-Citizens Bank & Trust Company | 1934-01-01 | |
| IDB Bank | 19977 | Regulated | Israel Discount Bank of New York | 1969-07-01 | |
| JPMorgan Chase & Co | 628 | Regulated | JPMorgan Chase Bank, National Association | — | |
| Farmers(Global network record) | 9966 | Regulated | Farmers & Merchants Bank | 1908 | |
| Texas(Global network record) | 58393 | Regulated | Texas Security Bank | 2008 | |
| Alma(Global network record) | 451431 | Regulated | Alma Bank | 2007-09-12 | |
| Landmark(Global network record) | 5826 | Regulated | Landmark National Bank | 1934 | |
| American(Global network record) | 45360 | Regulated | American Savings Bank, FSB | 1989-08-09 |
FDIC (United States): institutional licensing & due diligence FAQ
Key statutory capital, compensation, custody segregation, and verification answers for compliance teams.
What are the primary licensing classes and minimum capital requirements under FDIC (United States)?
FDIC (Federal Deposit Insurance Corporation (U.S.)) supervises financial institutions in United States under Central Bank & Banking Supervision Act of United States and Basel III Capital Adequacy (CET1 / Tier 1 / Total Capital) & Liquidity (LCR / NSFR) Prudential Standards. Key statutory authorisation classes include: Class A / Commercial Banking Charter (Full Commercial & Institutional Banking Licence — min. capital: USD $10,000,000 – $50,000,000+ paid-up Tier 1 capital); EMI / Payment & FX Institution Licence (Authorised Payment Institution / Electronic Money & FX Remittance Licence — min. capital: USD $150,000 – $500,000 equivalent paid-up capital plus statutory central bank security deposit.). Ongoing prudential supervision requires strict adherence to capital adequacy and liquidity buffers.
Does FDIC provide statutory investor compensation and mandatory client asset segregation?
Under FDIC's framework, investor protection is governed by Statutory Deposit Insurance & Bank Resolution Scheme (United States) with maximum coverage of USD $100,000 – $250,000 / EUR €100,000 equivalent per eligible depositor (Retail depositors and eligible corporate deposit accounts held at licensed credit institutions.). For client money and custody assets, supervised firms must comply with FDIC Prudential Safeguarding & Custody Directives, performing daily reserve and nostro/vostro liquidity reconciliation; 100% ring-fencing of payment institution safeguarding accounts. with central bank reserve accounts or ring-fenced statutory trust accounts at tier-1 correspondent banks..
How does FDIC regulate digital assets, crypto exchanges (VASPs/CASPs), and stablecoins?
FDIC's digital-asset regime is structured around FDIC Prudential Cryptoasset Exposure (BCBS SCO60) & CBDC / Stablecoin Oversight (Regulates bank custody, payment settlement rails, fiat-backed stablecoin reserve backing, and Basel SCO60 capital weights.). Custody and AML/CFT compliance obligations require: Full FATF Recommendation 16 Wire Transfer & Virtual Asset Travel Rule compliance across supervised banking rails.
How can I verify an institution's FDIC licence number and check our 26 recorded licence entries?
Our database currently tracks 26 licence records referencing FDIC (26 marked regulated or registered). To verify a counterparty at the primary source, open FDIC's official public register (https://www.fdic.gov/), search by the exact reference number and legal entity name, and confirm that the firm's domain and permitted activities match its statutory authorisation.
Related regulatory & market structure briefings
Research and compliance analysis from FinLexicon Wiki relevant to FDIC and United States.
Prudential Regulation & Capital Standards
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Statutory Definition, Regulatory Scope & Compliance Deadlines (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing exact rule citations, covered entities
Market Microstructure & Derivatives Taxonomy
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Balance-Sheet Netting Mechanics & RWA Capital Weight Calculation (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing multilateral netting compression and T
ISDA & Counterparty Credit Lexicon
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Clearinghouse Default Waterfall & Margin Segregation Rules (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing omnibus versus legally segregated oper
Prudential Regulation & Capital Standards
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard: Standardized Measurement Approach (SMA) & Loss Multiplier Rules (-4.8% Cat I/II CET1 Change Benchmark)
Expanded Risk-Based Approach (ERBA) Basel III Endgame Standard (BASEL-ERBA-2026) stands at -4.8% (Cat I/II CET1 Change) (Source: Federal Reserve / OCC / FDIC, 2026-10-20), governing Internal Loss Multiplier (ILM = 1.0) n
Statutory licensing classes, base capital rules, and investor protection summaries for FDIC (United States) are maintained for institutional benchmarking and do not constitute legal advice. Always verify current rulebooks and active firm authorisations directly on FDIC’s official public register.