FDIC Board No Crime Description, No City, 2026

The Federal Deposit Insurance Corporation (FDIC) has approved a 2026 operating budget totaling $2.49 billion, marking a significant reduction from the previous year’s allocation. This move comes as part of the FDIC’s ongoing efforts to optimize its workforce and streamline operations, without compromising on its statutory mission.

According to sources, the new budget reflects a decrease of $487 million (16.4%) compared to the 2025 budget. The reduction is attributed to the agency’s workforce optimization efforts in the first half of this year, where a rigorous review was conducted to identify areas for staff reductions without hindering the FDIC’s ability to fulfill its critical functions.

The approved budget will provide adequate staffing and funding to execute the FDIC’s supervision, insurance, and resolution readiness functions effectively. This is crucial in maintaining stability and public confidence in the nation’s financial system, especially given the current economic landscape.

Despite the reduced budget, the FDIC has reaffirmed its commitment to ensuring the safety and soundness of the banking system. The agency will continue to oversee approximately 5,500 banks and savings associations, with a focus on identifying risks that could threaten financial stability and protecting depositors’ funds.

The approved budget exhibits have been attached for further details, highlighting the specific allocations for various programs and initiatives within the FDIC. Interested parties are encouraged to review these documents for a comprehensive understanding of the agency’s financial plan for the upcoming year.

For media inquiries, contact MediaRequests@fdic.gov. The last updated date for this information is December 16, 2025.