; and (B) does not include supplemental information requested by the agency after filing of an application. (2) Action Each Federal banking agency, including Federal Reserve banks, shall take final action on any application to the agency before the end of the 1-year period beginning on the date on which a completed application is received by the agency. (b) Report Each Federal banking agency, including the Federal Reserve banks, shall annually report to Congress a list of the applications that have been pending for 12 months or longer since the date of the initial application filed by an applicant, and the date on which a completed application was received. Such list— (1) shall disclose the reason why the application has not yet been approved or denied by the Federal banking agency; and (2) shall not contain confidential supervisory information. (c) Waiver by applicant authorized Any person submitting an application to a Federal banking agency may waive the applicability of subsection (a) with respect to such application at any time. . 709. Conforming amendments (a) Federal deposit insurance act Section 12 of the Federal Deposit Insurance Act ( 12 U.S.C. 1822 ) is amended by adding at the end the following: (g) Appointment of receiver (1) Definition In this subsection, the term covered depository institution has the meaning given the term in section 15(a) of the Bank Holding Company Act of 1956. (2) Appointment The Corporation may be appointed as receiver of a covered depository institution, as defined in section 15(a) of the Bank Holding Company Act of 1956. (3) Premiums A covered depository institution may not be charged deposit insurance premiums for the purpose of this subsection, but the Corporation may use the capital of the covered depository institution to fund the costs of the receivership. (4) Rules The Corporation may promulgate rules to carry out this subsection, which shall— (A) be substantially consistent with the rules for receivership of an insured depository institution