Banking & Mortgage-Lending Access in California
1,287 FDIC-insured institutions (117 currently active) are recorded in California in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 26.2% in California.
FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026
How many FDIC-insured institutions are in California?
FDIC BankFind records 1,287 FDIC-insured institutions (all historical) in California, of which 117 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.
| Metric | Count |
|---|---|
| Total FDIC-insured institutions (historical) | 1,287 |
| Currently active | 117 |
Source: FDIC BankFind (src:fdic:bankfind:2026).
Verify: https://banks.data.fdic.gov/
What types of banks are chartered in California?
FDIC uses charter class codes to categorize insured depository institutions. The breakdown for California:
| Charter class | Description | Count |
|---|---|---|
| NM | State non-member bank (Fed non-member) | 501 |
| SL | Savings institution (state-chartered S&L) | 272 |
| N | National bank (OCC-chartered) | 271 |
| SM | State member bank (Fed member) | 117 |
| SB | Savings bank (state-chartered) | 103 |
| NC | Non-deposit trust company | 14 |
| NS | Non-member savings bank (state-chartered) | 5 |
| OI | Other insured institution | 4 |
Source: FDIC BankFind (src:fdic:bankfind:2026).
Charter class labels per FDIC BankFind official definitions.
What was the mortgage application denial rate in California? (HMDA 2024)
HMDA 2024 data report an overall mortgage application denial rate of 26.2% in California. The table below shows reported denial rates by applicant race where available in the HMDA dataset.
| Applicant group (reported) | Denial rate |
|---|---|
| Overall | 26.2% |
| White applicants | 24.7% |
| Black applicants | 35.9% |
| Black/White denial rate ratio | 1.45x |
Source: FFIEC HMDA (src:ffiec:hmda:2024).
Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=CA
Mortgage origination volume in California (2024)
HMDA 2024 data record 509,170 originated mortgage loans in California , totaling $288.4B , with an average loan size of $566,334.
| Metric | Value |
|---|---|
| Originated loans (2024) | 509,170 |
| Total origination volume | $288.4B |
| Average loan size | $566,334 |
Source: FFIEC HMDA (src:ffiec:hmda:2024).
Sources & provenance
FDIC data — source id src:fdic:bankfind:2026,
as of 2026.
Verify via FDIC BankFind: https://banks.data.fdic.gov/
HMDA data — source id src:ffiec:hmda:2024,
data year 2024.
Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=CA
Data exported June 20, 2026 · content hash 827fdbe2bc55bfb5 ·
machine-readable brief: /finance/states/ca/context.md
Where to act
- Verify a lender's FDIC status: banks.data.fdic.gov
- File a mortgage complaint (CFPB): consumerfinance.gov/complaint
- Find a HUD-approved housing counselor: hud.gov/findacounselor