Federal Regulatory
FDIC Rescinds Failed Bank Acquisition Policy
March 20, 2026
The Federal Deposit Insurance Corporation (FDIC) Board of Directors has officially rescinded its 2009 Statement of Policy on the Qualifications for Failed Bank Acquisitions. This policy change removes prior restrictions that limited acquisitions to certain qualified entities, now allowing broader participation from private investors and nonbank entities in acquiring failed banks. The FDIC aims to encourage more competitive bids, increase market participation, and reduce costs to the Deposit Insurance Fund associated with failed bank resolutions.
- Why this matters: Procurement professionals and contractors involved in financial services, asset management, and bank resolution should note the expanded eligibility for participation in failed bank acquisitions.
- This policy shift opens new opportunities for a wider range of private sector entities to engage in acquisition processes previously restricted.
- Organizations should evaluate their capabilities and consider positioning themselves to participate in future failed bank acquisition opportunities facilitated by the FDIC.
- The change may lead to increased competition and potentially more favorable terms in procurement related to bank asset management and resolution services.
Agencies
Federal Deposit Insurance Corporation