Summary of Deposits Survey
Filing for June 30, 2009
The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all
FDIC-insured commercial banks, FDIC-supervised savings banks, and insured branches of foreign banks.
Institutions with branch offices are required to submit this survey to the FDIC by July 30, 2009.
Institutions with only a main office are exempt. Publication of the survey data is dependent
on timely and accurate filing by respondent institutions; therefore, no filing extensions will
June 3, 2009 - Institutions may begin assigning SOD transaction privileges in
FDICconnect to the person responsible for submitting the SOD.
June 16, 2009 - Institutions may begin using the SOD option in FDICconnect
to enter corrections to branch structure information (branch names and addresses). Institutions
using vendor software may enter corrections to be submitted with the completed SOD survey.
Electronic Filing Options
July 1, 2009 - Institutions may begin submitting their June 30, 2009, SOD
July 30, 2009 - Filing deadline (no extensions will be
October 16, 2009 - All data collected from this year's SOD survey will be
available to the public through the FDIC's Summary of Deposits website at http://www5.fdic.gov/sod/. To be notified when the 2009
Summary of Deposit data and deposit market share reports become available, please subscribe to email
updates at http://www.fdic.gov/about/subscriptions/index.html.
Institutions have two options for filing electronically:
Using the FDIC's Interactive SOD Survey Site - The FDIC's interactive SOD survey
site is designed for institutions that formerly filed using a paper form and have 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 Summary of Deposits website at http://www5.fdic.gov/sod/ by clicking on the "Submit the
2009 Summary of Deposits Survey On-line" link, or from the FDICconnect Web site at https://www5.FDICconnect.gov/.
FDICconnect users must be assigned SOD transaction privileges in order to access the
Using Vendor Software to Prepare a File for Upload to the FDIC - Beginning this
year, institutions that use vendor software to prepare the SOD survey will be able to upload their
completed survey information directly to the FDIC through FDICconnect.
Institutions planning to use this option must be registered users of FDICconnect and must
assign SOD transaction privileges to the person responsible for submitting the SOD. New
FDICconnect users must first register with FDICconnect. Refer to the attached
FDICconnect and Summary of Deposits Registration Instructions for
The following vendors have developed software to assist with the SOD filing and should be contacted
directly for further information regarding their products and services:
|DBI Financial Systems, Inc.
|Fidelity Regulatory Solutions
||(800) 825-3772, Ext. 216 or 220
|FRS, Global Financial Reporting & Analytics
|Jack Henry and Associates, Inc.
A new feature this year will permit banks to submit amended SOD deposit data using
FDICconnect. Once the initial 2009 survey information has been submitted, institutions can
amend deposit totals by accessing the SOD transaction within FDICconnect. Institutions will
also be able to amend 2008 deposit totals until October 9, 2009, after which no further changes to
2008 data will be permitted through this process. Institution users must be assigned SOD transaction
privileges within FDICconnect in order to submit amended data.
Data Accuracy and Validation
Institutions must ensure that all information submitted for the SOD survey is accurate. The FDIC
recommends that institutions submit their June 30 Call Report prior to filing the SOD survey to
enable deposit total comparisons between the two reports.
To help ensure the accuracy of reported branch office information in the SOD survey, institutions
should review their current branch information on the FDIC's Institution Directory website at http://www5.fdic.gov/idasp prior to completing the survey.
From the main screen, click on "Find Offices," enter the bank's certificate number or institution
name, and 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
FDIC with the correct branch structure information. Prior to June 16, 2009, institutions may e-mail
corrections to the FDIC's Data Collection and Analysis Section at firstname.lastname@example.org. Beginning June 16, 2009, corrections should be
entered using the FDIC'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 email notification or within the
"comments" section of the survey.
Institutions should review the physical address for all branch office locations to ensure consistency
with United States Postal Service standards. Physical addresses and zip codes may be verified at http://zip4.usps.com/zip4/welcome.jsp.
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.
For information on how to register for the Summary of Deposits option within FDICconnect,
contact the FDICconnect 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 FDIC's Data Collection and Analysis
Section at 1-800-688-3342 or e-mail email@example.com.
||Arthur J. Murton
Division of Insurance and Research