Pursuant to Arizona Administrative Code R20-4-104, the Director has the discretion to accept alternative application forms, but it does not limit the Director’s power to require additional information necessary to complete an application.
As a general rule for banks, and in a Federal/State cooperative effort to cut down on duplicate application submission, a copy of the application submitted to the appropriate federal agency is the acceptable form to submit to DIFI. For Non- Member banks contact FDIC. For Member banks contact FRB.
Please refer to Arizona Revised Statutes §§6-101 through 6-395 and Arizona Administrative Code R20-4-201 through R20-4-215 for Arizona Law. Please contact your chosen federal regulator for specific questions on federal laws and regulations.
DIFI is not authorized to give or offer legal advice. If you need help with a legal matter, you may want to consider contacting a private attorney. Inquiries should be directed to Financial Institutions at [email protected].
| Description | Fees | Forms |
|---|---|---|
| New Bank Organizations: | ||
|
Interagency Charter and Federal Deposit Insurance Application FDIC 6200/05, OMB 3064-0001 (09/30/2022) |
$1000.00 |
Applying for Deposit Insurance A Handbook for Organizers of De Novo Institutions |
| For State member banks see: |
||
| To move a banking office to other than an established office of a bank | $1000.00 | |
| To establish a banking branch office | $750.00 | |
|
Application for Consent to Exercise Trust Powers FDIC 6200/09 |
$00.00 | |
|
Name Change To change the licensee name on a financial institution or enterprise license. |
$250.00 | |
| Out of State Banks: | ||
|
Application to Establish a Branch, Limited Branch Office, Interstate Branch or to Relocate a Branch or limited Branch Office (CSBS) For banks entering the state under the Dodd's Frank Act please provide DIFI with, your state regulatory approval, FDIC/FRB approval, Arizona Corporation Commission approval, information keeping us informed and a contact person for complaints by Arizona Residents |
$00.00 | |
| To apply for approval for the merger or consolidation of two or more financial institutions, five thousand dollars per institution. | $5000.00 | |
| Interagency Notice of Change in Director of Senior Executive Officer OMB No. for FDIC 3064-0097 FDIC 6822-02 |
$00.00 | |
| For State member banks: | ||
|
Interagency Notice of Change in Director of Senior Executive Officer FDIC 3064-0097 FDIC 6822-02 |
||
|
For the Following applications, use your FDICconnect Business Center Account: |
Applications pursuant to Prompt Corrective Action Applications for Brokered Deposit Waiver Application to Establish or Relocate Domestic Branch of Office Application for an Extension of Time Application to Enter Contracts and Make Golden Parachute or Excess Severance Plan Payments Application to reduce or Retire Capital Stock or Capital Debt |
|
| For member banks see: |
||
| Request for Background Check | $64.95 | |
| Nationwide Cooperative Agreement for uniform interstate application/Notice |
$1000.00 |
The Department utilizes the C.A.M.E.L.S. (Capital Adequacy, Asset Quality, Management Quality, Earnings, Liquidity and Sensitivity to Market Risk) rating system as a primary tool in the regulation of all state-chartered banks. This rating system examination format is used to maintain consistency with our federal counterparts, the Federal Deposit Insurance Corporation, the Federal Reserve Bank and the Comptroller of the Currency.
Proactive supervision and examinations ensure that DIFI maintains a credible, responsive and sound regulatory environment for all bank depositors within the State of Arizona.
Please follow the instructions for submitting call reports as instructed by FDIC below and send a copy to the Department via Confidential e-mail submission.
DIFI has adopted a new internet-based encryption e-mail system called Virtru. Virtru will to keep your submissions confidential. Click HERE for more information.