FDIC: Deposit Insurance Assessments: FDIC<em>connect</em>

Overview

Created in 2003, FDICconnect is a secure electronic portal for conducting business with the FDIC. There are several FDICconnect transactions pertaining to Assessments. In FDICconnect, bankers can download their quarterly invoices and any official FDIC correspondence, change the ACH information on their invoice, obtain an invoice of a merged or acquired institution, and conduct secure file exchanges with the FDIC.

Granting Enterprise File Exchange (EFX) Authorization

All Designated Contacts for Assessment Reporting Reviews should be granted access to the EFX System by their Coordinator. Instructions for granting access to users can be found at this link: Granting Enterprise File Exchange (EFX) Authorization.

Using FDICconnect - Coordinators and Authorized Users

To gain initial access to FDICconnect, an institution must register at least one FDICconnect Coordinator. Registration and approval of a Coordinator can take up to 3 days plus an additional 5 days for the Two-Factor Authentication registration if the hard token option is selected by the new Coordinator. Please take this into account and recognize the need to maintain at least one current Coordinator for your institution at all times. A Coordinator registers and manages Authorized Users for your institution. A Coordinator has access to all the transactions in FDICconnect while Users have access only to the transactions assigned to them by a Coordinator. Below are instructions for registering a new Coordinator and adding a new User as well as instructions for other FDICconnect transactions.