Summary of Deposits Survey Filing for June 30, 2010
| Summary: | The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all 多宝游戏下载-insured commercial banks, 多宝游戏下载-supervised savings banks, and insured branches of foreign banks. Institutions with branch offices are required to submit this survey to the 多宝游戏下载 by July 30, 2010. Institutions with only a main office are exempt. No filing extensions will be granted. |
Highlights:
Continuation of FIL-28-2010 Distribution: Suggested Routing: Note:
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| Financial Institution Letters FIL-28-2010 June 4, 2010 | ||||||||||||||
Summary of Deposits Survey The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all 多宝游戏下载-insured commercial banks, 多宝游戏下载-supervised savings banks, and insured branches of foreign banks. Institutions with branch offices are required to submit this survey to the 多宝游戏下载 by July 30, 2010. Institutions with only a main office are exempt; however, they will be included in the survey results based on the deposits reported on their June Call Report. Publication of the survey data is dependent on timely and accurate filing by respondent institutions; therefore, no filing extensions will be granted. 2010 Timeline Prior to June 2010 鈥 Banks should be reviewing their branch structural information and should e-mail the 多宝游戏下载 with any revisions to SOD@fdic.gov. June 4, 2010 鈥 Institutions may begin assigning SOD transaction privileges in 多宝游戏下载 connect to the person responsible for submitting the SOD. June 16, 2010 鈥 Institutions may begin using the Complete the Summary of Deposits option in 多宝游戏下载 connect to enter revisions to branch structure information (branch names and addresses). Institutions using vendor software should refer to guidance provided by their software vendor on how to submit changes with the uploaded Summary of Deposits survey. If your bank has had last-minute structural changes, check with your software vendor about new features that will allow your list to be synchronized with the latest location information in 多宝游戏下载 connect . July 1, 2010 鈥 Institutions may begin submitting their June 30, 2010, SOD survey. July 30, 2010 鈥 Filing deadline (no extensions will be granted) . October 15, 2010 鈭 The 多宝游戏下载 will make every effort to promptly publish the survey results for the public through the 多宝游戏下载's Summary of Deposits Web site at , but will do so no later than October 15 th . To be notified electronically when the 2010 Summary of Deposit data and deposit market share reports become available, please subscribe to e-mail updates at www.fdic.gov/about/subscriptions. Electronic Filing Options Institutions must be registered users of 多宝游戏下载 connect and must assign SOD transaction privileges to the person responsible for submitting the SOD. New 多宝游戏下载 connect users must first register with 多宝游戏下载 connect . Refer to the attached 多宝游戏下载 connect and Summary of Deposits Registration Instructions for additional information. Institutions have two options for filing electronically: Using Vendor Software to Prepare a File for Upload to the 多宝游戏下载 鈥 Institutions that use vendor software to prepare the SOD survey will be able to upload their completed survey information directly to the 多宝游戏下载 through 多宝游戏下载 connect. The following vendors have developed software to assist with the SOD filing and should be contacted directly for further information about their products and services:
Using the 多宝游戏下载's Interactive SOD Survey Option 鈥 The 多宝游戏下载's interactive SOD survey option is designed for institutions with a small number of branch offices. This option permits an institution to print worksheets, submit revised branch structure information with the survey, and edit SOD data in preparation for submission. Institutions may access the SOD survey site from the 多宝游戏下载 connect Web site at . Data Accuracy and Validation Institutions must ensure that all information submitted for the SOD survey is accurate. The 多宝游戏下载 recommends that institutions submit their June 30 Call Report before filing the SOD survey to enable deposit total comparisons between the two reports. Institutions should review the service type codes and the physical address, including the street address, city, state, zip code and county, for all office locations to ensure consistency with United States Postal Service standards. Physical addresses and zip codes may be verified at . Institutions should not use post office boxes, mailing addresses other than the actual physical address, street names without actual numbers, intersections, or any other general locations when filing their branch office location information. To help ensure the accuracy of reported branch office information in the SOD survey, before completing the survey institutions should review their current branch information on the 多宝游戏下载's Institution Directory (ID) Web site at (or go to www.fdic.gov > Industry Analysis > Bank Data & Statistics > Institution Directory). From the ID home page, click on "Find Offices," enter the bank's certificate number or institution name, then click on "Find." The list of branch offices will be presented in state and county order. If an institution's branch office information is incorrect, the institution should notify the 多宝游戏下载 with the correct branch structure information. Prior to June 16, 2010, institutions may e-mail corrections to the 多宝游戏下载's Data Collection and Analysis Section at sod@fdic.gov. Beginning June 16, 2010, corrections should be entered using the 多宝游戏下载's interactive SOD survey site or vendor software and submitted with the completed SOD survey. If an institution corrects branch office information because of a merger or branch purchase and assumption, the name, city and state of the other institution involved in the transaction and the effective date must be included in the e-mail notification or within the "comments" section of the survey. Electronic Amendments Once the initial 2010 survey information has been submitted, institutions can amend deposit totals by accessing the SOD transaction within 多宝游戏下载 connect . Institutions will also be able to amend 2009 deposit totals until October 8, 2010, after which no further changes to 2009 data will be permitted through this process. To submit amended data , institution users must be assigned SOD transaction privileges within 多宝游戏下载 connect . Assistance For assistance on how to register for the Summary of Deposits option within 多宝游戏下载 connect , contact the 多宝游戏下载 connect help desk at 1-877-275-3342 (select option 5 on the banker's menu). For all other questions about the SOD survey, please contact the 多宝游戏下载's Data Collection and Analysis Section at 1-800-688-3342 or e-mail sod@fdic.gov.
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Additional Related Topics:
- 多宝游戏下载 connect and Summary of Deposits Registration Instructions