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Financial Institution Letter

Summary of Deposits Survey

December 13, 1996
Notes
 

TO: CHIEF EXECUTIVE OFFICERS OF INSURED FINANCIAL INSTITUTIONS AND INSURED U.S. BRANCHES OF FOREIGN BANKS
SUBJECT: 1996 Summary of Deposits Survey Data Now Available

The FDIC's annual Summary of Deposits, which provides detailed information about deposits at the 71,000 offices operated by U.S. banks, is now available on the Internet (www.fdic.gov). The new Internet capability has not only enabled the FDIC to make the survey available much earlier than in the past, but has also made it possible to provide flexible and user-friendly tools for accessing the branch deposit data.

Deposit survey data as of June 30, 1996, is also available on magnetic tape (entire universe) or a facsimile (individual banks or banks in a specified state or county). Requests for facsimiles and tapes can be mailed to the FDIC Disclosure Group, Room F-518, 550 17th Street, N.W., Washington, D.C. 20429 or faxed to the Disclosure Group at (202) 898- 8614. All requests should include the type of format desired and the mailing address and telephone number of the requester. The cost for the magnetic tape is $85; facsimile cost is 10 cents per page. An invoice will be mailed to the requestor along with the product.

As in past years, Data Books containing branch deposit information will continue to be mailed to subscribers; distribution of the 1996 Data Books is scheduled for January 1997. If you would like a Data Book and are not currently on the subscription list, send a written request to the FDIC Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434. Requests for a Data Book can also be faxed ((703) 562-2296) or sent via e-mail (publicinfo@fdic.gov).

Future enhancements affecting the deposit survey are being planned. Beginning with the SOD survey as of June 30, 1997, financial institutions will be able to file electronically rather than submitting a hard-copy form. The ability to submit reports electronically should significantly reduce the reporting burden for institutions required to provide this information and enable the FDIC to further accelerate processing and publishing of the SOD survey data.

For further information, please contact the FDIC's Trust and Survey Group at 1-800-765- 4081.

Nicholas J. Ketcha Jr.
Director

Distribution: Insured Commercial Banks and FDIC-Supervised Savings Banks

Note: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 ((703) 562-2200)

FIL-101-96

Last Updated: December 13, 1996