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 |
|---|---|---|---|---|---|
| Farmers | 9966 | Regulated | Farmers & Merchants Bank | 1908 | |
| JPMorgan Chase & Co | 628 | Regulated | JPMorgan Chase Bank, National Association | — | |
| American Express(Global network record) | 27471 | Regulated | American Express National Bank | 1989-03-20 | |
| BMO(Global network record) | Number pending check | Regulated | BMO Bank National Association | — | |
| BofA(Global network record) | Number pending check | Regulated | Bank of America, National Association | — | |
| Cathay Bank(Global network record) | 18503 | Regulated | Cathay Bank | — | |
| Citibank, N.A.(Global network record) | 7213 | Regulated | Citibank | 1934 | |
| Fifth Third Bank(Global network record) | 6672 | Regulated | Fifth Third Bank, National Association | 1934-01-01 | |
| KeyBank(Global network record) | 11510 | Regulated | KeyBank National Association | 1956-01-16 | |
| MS(Global network record) | 32992 | Regulated | Morgan Stanley Bank, National Association | 1990-05-25 | |
| SHINHAN BANK(Global network record) | 33188 | Regulated | Shinhan Bank America | 1990-10-18 | |
| Texas(Global network record) | 58393 | Regulated | Texas Security Bank | 2008 | |
| The Bank of New York Mellon(Global network record) | Number pending check | Regulated | The Bank of New York Mellon | — | |
| U.S. Bank(Global network record) | 6548 | Regulated | U.S. Bank National Association | 1934-01-01 | |
| Wells Fargo(Global network record) | 3511 | Regulated | Wells Fargo Bank, National Association | 1934-01-01 | |
| Wells Fargo(Global network record) | 1 | Regulated | Wells Fargo Bank, National Association | — | |
| Ally Financial(Global network record) | 57803 | Regulated | Ally Bank | 2004-08-02 | |
| Alma(Global network record) | 451431 | Regulated | Alma Bank | 2007-09-12 | |
| Ameriprise Financial(Global network record) | 58303 | Regulated | Ameriprise Bank, FSB | 2006-09-14 | |
| East West Bank(Global network record) | 31628 | Regulated | East West Bank | — | |
| IDB Bank(Global network record) | 19977 | Regulated | Israel Discount Bank of New York | 1969-07-01 | |
| Landmark(Global network record) | 5826 | Regulated | Landmark National Bank | 1934 | |
| Popular Bank(Global network record) | 34967 | Regulated | Popular Bank | 1999-01-02 | |
| State Street(Global network record) | 6 | Regulated | State Street Bank and Trust Company | 1934-01-01 | |
| SVB(Global network record) | 11063 | Regulated | First-Citizens Bank & Trust Company | 1934-01-01 | |
| 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 VolSurface Desk relevant to FDIC and United States.
Volatility Surface & Derivatives Desk
Arbitrage-Free SVI Volatility Surface Calibration, 0DTE Intraday Gamma-Vanna-Charm Flows, and Index Dispersion Mechanics in 2026
An institutional derivatives desk note detailing Gatheral SVI and SSVI static arbitrage constraints (butterfly and calendar conditions), SPX 0DTE dealer gamma/vanna/charm hedging flows, VIX vs VIX1D variance swap replication, and OCC STANS / Eurex Prisma portfolio margining.
Volatility Surface & Dealer Flow Mechanics
Vanna-Charm Second-Order Greeks Hedging Flows, S&P 500 25-Delta Skew Term Structure & Dealer OpEx Pin Risk Mechanics (2026 Quantitative Desk Manual)
Vanna and Charm hedging flows refer to the systematic delta-rebalancing trades executed by institutional options market makers in response to shifts in implied volatility (∂Δ/∂σ) and the passage of time (∂Δ/∂t). Across the S&P 500 (SPX) options complex—where average daily volume reached 3.34 million contracts [3.34 million contracts/day, Cboe Global Markets Market Statistics, Q3 2026]—dealer net short downside put positioning and 0DTE gamma concentration drive up to $42.8 billion in deterministic end-of-day futures rebalancing per 1% underlying move [$42.8 billion notional delta flow, Options Clearing Corporation (OCC) Cleared Contract Report, September 2026].
0DTE Gamma & Volatility Surface
SPX 0DTE Gamma Exposure (GEX), Vanna & Charm Hedging Ratios, and OCC STANS Intraday Margin Framework
SPX 0DTE options account for 59% of S&P 500 options volume (Source: Cboe Global Markets, 2025-10-10), driving dealer GEX, Vanna, Charm, and OCC 20-minute STANS margining.
0DTE Gamma & Volatility Surface
Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX): Dealer Delta/Gamma Hedging Equations & E-Mini S&P 500 Futures Impact (59.0% Share of SPX Options Volume Benchmark)
Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX) (SPX-0DTE-GEX) stands at 59.0% (Share of SPX Options Volume) (Source: Cboe Global Markets, 2026-10-20), governing intraday futures rebalancing per 1%
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.