Summary of Deposits Survey Filing for June 30, 2011
| 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 institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to file; institutions with only a main office are exempt. For most institutions, survey responses are required by July 31, 2011. Thrifts that filed the Office of Thrift Supervision (OTS) Branch Office Survey in 2010 are permitted an additional 15 days to file the SOD during the 2011 SOD cycle only. No other filing extensions will be granted. Statement of Applicability to Institutions under $1 Billion in Total Assets: This financial institution letter applies to all 多宝游戏下载-insured institutions. |
Highlights:
Continuation of FIL-44-2011 Distribution: Suggested Routing: Note:
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| Inactive Financial Institution Letters FIL-44-2011 June 15, 2011 | ||||||||||||||||
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 institutions, including 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 31, 2011. Institutions with only a main office are exempt; however, they will be included in the survey results based on the total deposits reported on their June Call Report or Thrift Financial Report. For the 2011 SOD cycle only, thrifts that filed the Office of Thrift Supervision (OTS) Branch Office Survey in 2010 are permitted an additional 15 days to file the SOD. Publication of the survey data is dependent on timely and accurate filing by respondent institutions; therefore, no other filing extensions will be granted. 2011 Timeline June 15, 2011 芒鈧赌 Assign 多宝游戏下载 connect Privileges: Institutions may begin assigning SOD transaction privileges in 多宝游戏下载 connect to the person responsible for submitting the SOD. Prior to filing the June 30, 2011 SOD 芒鈧赌 Conduct Branch Review: Institutions should review branch structural information on the 多宝游戏下载芒鈧劉s Institution Directory Web site at . Corrections may be sent to the 多宝游戏下载 by e-mail to SOD@fdic.gov . June 27, 2011 芒鈧赌 Update Branch Information Online: 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 SOD survey. Institutions that have had last-minute structural changes should check with their software vendor about new features that will allow their list to be synchronized with the most up-to-date location information in 多宝游戏下载 connect . July 1, 2011 芒鈧赌 Submit Survey : Institutions may begin submitting their June 30, 2011, SOD survey. July 31, 2011 芒鈧赌 Filing deadline for most institutions. August 15, 2011 芒鈧赌 Filing deadline for thrifts that filed the OTS Branch Office Survey in 2010. October 7, 2011 芒鈧赌 Survey Results Published: 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 7, 2011. To be notified electronically when the 2011 SOD 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 芒鈧赌 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 芒鈧赌 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 comparisons of deposit totals 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. Before completing the SOD survey, institutions should review their current branch information on the 多宝游戏下载芒鈧劉s Institution Directory (ID) Web site at (or go to www.fdic.gov 芒鈥犫 Industry Analysis 芒鈥犫 Bank Data & Statistics 芒鈥犫 Institution Directory). Prior to June 27, 2011, institutions may e-mail corrections to the 多宝游戏下载芒鈧劉s Data Collection and Analysis Section at sod@fdic.gov . If an institution chooses this method, then it must wait until the structure changes are reflected in the interactive filing option or request that its vendor software be synchronized with the most up-to-date information available in 多宝游戏下载 connect before filing its SOD survey. Beginning June 27, 2011, corrections to structure data 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 2011 survey information has been submitted, institutions can amend deposit totals by accessing the SOD transaction within 多宝游戏下载 connect . Institutions that have previously filed using 多宝游戏下载 connect will also be able to amend 2010 deposit totals until September 30, 2011, after which no further changes to 2010 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 多宝游戏下载芒鈧劉s Data Collection and Analysis Section at 1-800-688-3342 or e-mail sod@fdic.gov .
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