New US Banks: De Novo Charters by Year (2026)

According to FDIC records, an average of 137 new banks opened in the US each year from 2000 through 2009. In all the years since, 86 have opened, fewer than in 2008 alone. That year the FDIC recorded 96 de novo banks. The most in any year since 2010 was 15, in 2022, and 7 have opened in 2026 so far.

A de novo bank on this page is one the FDIC both records as a new insured institution and flags as de novo in its Call Report data, which the FDIC defines as a new institution and not a recharter. 2 more opened after June 30, 2026, the latest quarter in the FDIC's Call Report data, and appear in the table as awaiting their first Call Report; they are counted once the FDIC flags them.

Every new insured bank since January 1, 2024

Newest first: the 19 institutions the FDIC recorded as opening with deposit insurance since January 1, 2024, of which 16 carry its de novo flag. The charter is the FDIC's class at opening; total assets are from the latest Call Report the bank has filed, and "not yet reported" marks a bank that has not filed one.

Opened	Bank	Headquarters	Charter	Type	Holding company	Total assets, latest Call Report	FDIC de novo flag	Source
September 28, 2026	Private Bank & Trust	Gainesville, GA	State bank, Fed nonmember	Commercial bank	none recorded	not yet reported	awaiting first Call Report	FDIC
September 14, 2026	Nola Bank	New Orleans, LA	State bank, Fed nonmember	Commercial bank	none recorded	not yet reported	awaiting first Call Report	FDIC
June 22, 2026	Portrait Bank	Winter Park, FL	State bank, Fed nonmember	Commercial bank	none recorded	$45 million	yes	FDIC
June 8, 2026	Cornerstone Community Bank	Owensboro, KY	State bank, Fed nonmember	Commercial bank	none recorded	$44 million	yes	FDIC
May 27, 2026	Echelon Bank	Clearwater, FL	State bank, Fed nonmember	Commercial bank	none recorded	$52 million	yes	FDIC
May 22, 2026	Houston Bank & Trust	Houston, TX	State bank, Fed nonmember	Commercial bank	none recorded	$39 million	yes	FDIC
March 9, 2026	Generations Community Bank	Indianapolis, IN	State bank, Fed nonmember	Commercial bank	none recorded	$31 million	yes	FDIC
February 6, 2026	Erebor Bank, N.A.	Columbus, OH	National bank (OCC)	Commercial bank	none recorded	$4.7 billion	yes	FDIC
January 21, 2026	Liberty Bank of New Jersey	Verona, NJ	State bank, Fed nonmember	Commercial bank	none recorded	$107 million	yes	FDIC
December 4, 2025	Solutions Plus Bank	Albertville, AL	State bank, Fed nonmember	Commercial bank	none recorded	$44 million	yes	FDIC
June 1, 2025	Thrivent Bank	Salt Lake City, UT	State bank, Fed nonmember	Industrial bank	none recorded	$906 million	no	FDIC
May 12, 2025	Five Rivers Bank	Paramus, NJ	State bank, Fed nonmember	Commercial bank	none recorded	$78 million	yes	FDIC
March 17, 2025	BankMiami	Coral Gables, FL	State bank, Fed nonmember	Commercial bank	none recorded	$318 million	yes	FDIC
December 30, 2024	Gala Bank	Ocala, FL	State bank, Fed nonmember	Commercial bank	none recorded	$45 million	yes	FDIC
December 9, 2024	Fortuna Bank	Grandview Heights, OH	State bank, Fed nonmember	Commercial bank	none recorded	$57 million	yes	FDIC
November 25, 2024	Altos Bank	Los Altos, CA	State bank, Fed nonmember	Commercial bank	none recorded	$69 million	yes	FDIC
October 11, 2024	Integrity Bank SSB	Houston, TX	State bank, Fed member	Commercial bank	INTEGRITY BCORP INC	$340 million	yes	FDIC
August 26, 2024	Four States Bank	Carthage, MO	State bank, Fed nonmember	Commercial bank	FOUR STATES BANCSHARES INC	$142 million	yes	FDIC
January 26, 2024	Nova Bank	Huntsville, AL	State bank, Fed nonmember	Commercial bank	none recorded	$91 million	yes	FDIC

Download this table (CSV), free. The full dataset, every insured new institution since 2000 with the FDIC's de novo flag and identifiers, is one email away.

New banks by year and charter

Year	De novo banks	National (OCC)	State commercial	Savings institutions	Other new insured charters, not counted	Source
2026 (through October 24, 2026)	7	1	6	0	0	FDIC
2025	3	0	3	0	1	FDIC
2024	6	0	6	0	0	FDIC
2023	6	0	6	0	3	FDIC
2022	15	1	13	1	0	FDIC
2021	9	1	8	0	0	FDIC
2020	7	1	6	0	0	FDIC
2019	12	1	11	0	0	FDIC
2018	8	0	7	1	0	FDIC
2017	5	1	3	1	0	FDIC
2016	0	0	0	0	0	FDIC
2015	1	0	1	0	0	FDIC
2014	0	0	0	0	0	FDIC
2013	2	0	1	1	0	FDIC
2012	0	0	0	0	1	FDIC
2011	0	0	0	0	5	FDIC
2010	5	1	4	0	8	FDIC
2009	26	7	15	4	11	FDIC
2008	96	8	81	7	3	FDIC
2007	180	25	139	16	13	FDIC
2006	193	20	157	16	2	FDIC
2005	179	21	145	13	2	FDIC
2004	126	17	103	6	2	FDIC
2003	116	11	99	6	1	FDIC
2002	93	29	61	3	1	FDIC
2001	139	31	93	15	6	FDIC
2000	217	40	148	29	6	FDIC

The last column counts insured institutions the FDIC recorded as new but does not flag as de novo, such as interim charters and recharters, and the FDIC's own bridge banks and Deposit Insurance National Banks. They are shown so the difference is visible, and they are not in any other count on this page.

On what charters

Since January 1, 2024, 15 of the 16 de novo banks opened on a state commercial charter, 14 of them as state banks outside the Federal Reserve System, and 1 on a national charter from the OCC, according to FDIC data. Across the whole span since 2000, the FDIC records 1,116 de novo state commercial banks, 216 national banks and 119 savings institutions.

A state charter is granted by a state, and the bank's federal supervisor is the FDIC or, for a Federal Reserve member, the Federal Reserve. A national charter comes from the Office of the Comptroller of the Currency, which also supervises the bank, as the FDIC's class definitions describe.

What this means for technology buyers

A de novo bank chooses its core, digital channels and reporting stack before it opens, with no conversion to manage and no existing contract to wait out, so the core is a first choice rather than a migration. These guides compare the options:

• Cloud-based core banking systems: what a cloud core provides, and who can deliver one.
• Core banking systems for neobanks: cores built for digital-first banks.
• Banking-as-a-service platforms: for a new bank planning to serve fintech partners.
• Deposit management platforms: for building a deposit base from nothing.

Designing a bank before buying its systems? The Retail Banking Business Architecture Toolkit gives a capability model, value streams and an information model to start from.

More from Finantrix Atlas

• US bank failures
• Fastest-growing banks
• Banks by state

How this list was built

The FDIC's BankFind Suite records each change to an institution's structure as an event, with a code. A "New Institution" event marks the day an institution opens. The same code also records uninsured trust companies and other uninsured institutions, 154 of them since 2000, so only institutions that opened with deposit insurance are read.

The FDIC's Call Report data carry a separate de novo flag, which its field documentation defines as a new institution and not a recharter, set for the quarter in which the institution was new. A bank is counted when both records agree. The other 53 insured new institutions since 2000 that the FDIC does not flag, and its 12 bridge banks and Deposit Insurance National Banks, are counted apart. Each bank is dated by the day it opened, and placed in the year of that day.

Charter conversions are not new institutions in the FDIC's records: a conversion is recorded as a different event, so it cannot enter the count. For example, the history records 95 events since 2000 in which an uninsured institution became insured. None of them came on or before the opening of a bank counted here; 10 came later, at banks that had opened insured and are counted from their opening.

The build checks that the records agree in both directions: every institution the FDIC flags as de novo since 2000 is a new insured institution in the structure history, and every counted bank's institution record gives its opening day as the date it began operations or obtained deposit insurance. One counted bank, AIG Federal Savings Bank, opened May 15, 2000, has no institution record in BankFind and is checked on the other two records alone. The comparison between periods uses a stated rule: 2010 is the first year in which the count fell below a tenth of the average of every earlier year since 2000.

Limits

• A count of openings, not of applications. A charter approved by a state or the OCC appears here only once the bank opens with deposit insurance. Applications, approvals and withdrawn proposals are not counted.
• The FDIC's definition. A bank the FDIC records as new but does not flag as de novo is left out of the count, whatever its business. Another source that counts every newly chartered bank can therefore give a higher number.
• Insured banks only. Uninsured trust companies and credit unions are not counted, and a new branch of an existing bank is not a new bank.
• The span starts in 2000. Earlier years are not shown, so this page says nothing about how the years since compare with the decades before.
• The latest quarter is still filling in. Openings after June 30, 2026 carry no de novo flag until the bank files its first Call Report. The data were read on October 24, 2026.

Cite this

Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.

From 2000 through 2009, an average of 137 new banks opened in the US each year; in all the years since, 86 have opened, according to a Finantrix Atlas analysis of FDIC data.

More de novo banks opened in 2008 alone than in every year from 2010 to October 24, 2026 combined, according to Finantrix Atlas.

Suggested citation: Finantrix Atlas, "New US Banks: De Novo Charters," FDIC records through October 24, 2026. https://www.finantrix.com/articles/new-banks-de-novo

Embed the chart:

<a href="https://www.finantrix.com/articles/new-banks-de-novo"><img src="https://www.finantrix.com/atlas/new-banks-de-novo.png" alt="New US banks by year, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/new-banks-de-novo">Finantrix Atlas</a>, from FDIC BankFind data.</p>

Frequently asked questions

Q: How many new banks open in the US each year? A: According to FDIC records, an average of 137 a year from 2000 through 2009, and 86 in all from 2010 to October 24, 2026. The most in any year since 2010 was 15, in 2022.

Q: How many de novo banks have opened in 2026? A: 7 through October 24, 2026, according to FDIC records, counting banks the FDIC both records as new insured institutions and flags as de novo. 2 more opened after June 30, 2026 and will be counted once they file their first Call Report.

Q: What is a de novo bank? A: A newly chartered bank that opens as a new institution rather than a conversion or a recharter of an existing one. The FDIC flags each one in its Call Report data, and that flag is what this page counts.

Q: Do most new banks have a state or a national charter? A: A state charter. Since January 1, 2024, 15 of the 16 de novo banks opened on a state commercial charter and 1 on a national charter, according to FDIC data.