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Annual Bank Application Reporting Bill
Recent Bills/Annual Bank Application Reporting Bill

Annual Bank Application Reporting Bill

IntroducedDecember 10, 2025
In House5 months ago
Intro
House
Senate
Pres
Awaiting House vote
Finance and Financial SectorCongressional oversightGovernment information and archivesGovernment studies and investigationsBanking and financial institutions regulationLicensing and registrationsFinancial crises and stabilization
Why This Matters

This bill aims to make the application process for banks and credit unions clearer by requiring annual reports on how many applications are submitted and their outcomes. It helps people understand how long it takes to get approved and why some applications are denied.

If you want to open a bank or credit union, you will have clearer information on the application process and approval times.
Who this affects
Individuals starting banks · Businesses expanding banks · Individuals starting credit unions · Businesses expanding credit unions
What changes is this bill making?
  1. 1This bill requires annual reports on bank and credit union charter applications.
  2. 2It tracks the number of applications received, approved, denied, or withdrawn.
  3. 3The reports will include average approval times for these applications.
  4. 4Common reasons for application denials will also be reported.
  5. 5The goal is to improve transparency in the banking application process.
Read full document
Bill Progress2 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedDec 10, 2025
Sponsors
See all 3 sponsors
HouseCurrent

Awaiting House vote

Senate
President

The President

Donald Trump
President
Awaiting Vote
Similar Bills
House Bill · HR 4544
3 of 4 · Passed House
Easier Banking Institution Applications
American Access to Banking Act
·Economy
House Bill · HR 7513
1 of 4 · Introduced
Annual Reports for Big Banks
GSIB Act of 2026
House Bill · HR 1900
1 of 4 · Introduced
Bank Application Processing Improvements
Bank Failure Prevention Act of 2025
·Economy