H.R. 6551

New BANK Act of 2025

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Text of the bill

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Sec. 2. Annual report on national bank and Federal savings association charter applications Changed · Feb 25

Where this section came from

  1. Dec 10, 2025 · Introduced in House Referred to House Committee on Financial Services, Dec 10
  2. Feb 25, 2026 · Reported in House Marked up by House Committee on Financial Services, Dec 16 Marked up by House Committee on Financial Services, Dec 17 Reported by House Committee on Financial Services, Feb 25 Committee members' individual votes aren't in our records.
What changed in the text

The Comptroller of the Currency shall publish an annual report that includes — the following, or with respect to any equivalent procedure used by the Office of Comptroller of the Currency includes the following: (1) the The number of national bank and Federal savings association charter applications received, approved on a preliminary basis, approved on a final basis, denied, withdrawn, expired, mooted, or returned ; . (2) the The mean and median times for preliminary approval of such applications ; . (3) the The mean and median times for final approval of such applications ; . and (4) To the extent practicable, common reasons leading to the denial, withdrawal, or expiration of preliminary approval of such applications.

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The Comptroller of the Currency shall publish an annual report that includes the following, or with respect to any equivalent procedure used by the Office of Comptroller of the Currency includes the following:

(1) The number of national bank and Federal savings association charter applications received, approved on a preliminary basis, approved on a final basis, denied, withdrawn, expired, mooted, or returned.

(2) The mean and median times for preliminary approval of such applications.

(3) The mean and median times for final approval of such applications.

(4) To the extent practicable, common reasons leading to the denial, withdrawal, or expiration of preliminary approval of such applications.