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SUMMARY OF DEPOSITS SURVEY

Summary of Deposits
May 29, 2002


TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Summary of Deposits Survey for June 30, 2002

The annual Summary of Deposits (SOD) survey and instructions for the period ending June 30, 2002, will be mailed on July 8 to institutions with more than a main office facility. Unit banks - banks that do not have any branches - do not participate in this survey .

Financial institutions will again have the option to file their SOD survey electronically rather than return the hard-copy form. Electronic Data Systems (EDS) serves as the collection agent for the SOD survey. For your bank to file its SOD survey electronically, you must use computer software that has been certified by EDS. Certified software is available through certain vendors that have completed a certification process. Alternatively, your bank may develop its own SOD software, but you must complete the certification process.

EDS has certified for electronic submission software products marketed by DBI Financial Systems, Inc. (800-774-3279), InterCept Group (800-825-3772), and Sheshunoff Information Services, Inc. (800-505-8333). The Federal Deposit Insurance Corporation (FDIC) has provided these software companies with a significant number of edits that it uses to validate SOD survey information.

The filing deadline for submitting the hard-copy form is July 31, 2002; for electronic filing, the deadline is August 15, 2002.

If your institution established a branch or was involved in a merger or purchase/sale prior to July 1 that is not reflected on the survey form that you receive in early July, please e-mail ( trust@fdic.gov ) or fax (202-898-3512) the following information to the FDIC: institution name; certificate number; name of branch; complete street address, city, state, county and zip code; and the date established. If a branch has been acquired from or sold to another institution, please include the name, city and state of the other institution. The FDIC will ensure that the transaction is processed immediately and will send an updated SOD survey form. The software vendors will also send revised software packages to applicable institutions after July 19, if requested.

All data collected from the SOD survey are available to the public. Banks may receive published deposit information from the FDIC in booklet form. SOD survey data are also available on the FDIC's Internet site ( www5.fdic.gov/sod ).

For further information, please contact the FDIC Reports Analysis and Quality Control Section (1-800-688-3342) and request to speak with the Quality Control Technician for your state.

Michael J. Zamorski
Director

Distribution: Insured Commercial Banks, FDIC-Supervised Savings Banks, and Insured U.S. Branches of Foreign Banks

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).


Last Updated: May 29, 2002