Pursuant to Arizona Administrative Code R20-4-104, the Superintendent has the discretion to accept alternative application forms, but it does not limit the Superintendent’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 AZDFI. 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].
New Bank Organization
|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
For Out Of State Banks:
For banks entering the state under the Dodd's Frank Act please provide AZDFI with,
|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 FDIC 3064-0097
For State member banks:
Interagency Notice of Change in Director of Senior Executive Officer FDIC 3064-0097
For the following applications see: (https://www.fdic.gov/regulations/laws/forms/applications.html)
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
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 AZDFI 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.