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, 2010. Institutions with only a main
office are exempt; however, they will be included in the survey results based on the
deposits reported on their June Call Report. Publication of the survey data is
dependent on timely and accurate filing by respondent institutions; therefore,
no filing extensions will be granted.
Prior to June 2010 – Banks should be
reviewing their branch structural information and should e-mail the FDIC with
any revisions to SOD@fdic.gov.
June 4, 2010 – Institutions may begin
assigning SOD transaction privileges in FDICconnect to the person
responsible for submitting the SOD.
June 16, 2010 – Institutions may begin using the Complete
the Summary of Deposits option in FDICconnect 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 Summary of Deposits survey. If your bank
has had last-minute structural changes, check with your software vendor about
new features that will allow your list to be synchronized with the latest
location information in FDICconnect.
July 1, 2010 – Institutions may begin
submitting their June 30, 2010, SOD survey.
July 30, 2010 – Filing deadline (no extensions
will be granted).
October 15, 2010 − The FDIC will make every effort to
promptly publish the survey results for the public through the FDIC's Summary of
Deposits Web site at http://www2.fdic.gov/sod/, but will do
so no later than October 15th.
To be notified electronically when the 2010 Summary of Deposit 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 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 additional information.
Institutions have two options for filing electronically:
Using Vendor Software to Prepare a File for Upload to the FDIC
– Institutions that use vendor software to prepare the SOD survey will be able
to upload their completed survey information directly to the FDIC through
The following vendors have developed software to assist with the SOD filing and
should be contacted directly for further information about their products and
|DBI Financial Systems, Inc.
|Fidelity Regulatory Solutions
||(800) 825-3772, Ext. 216 or 220
|Jack Henry and Associates, Inc.
|Sofgen Americas, Inc.
Using the FDIC's Interactive SOD Survey Option – The FDIC'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
FDICconnect Web site at https://www2.fdicconnect.gov/.
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
before filing the SOD survey to enable deposit total comparisons between the two
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 http://zip4.usps.com/zip4/. 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.
To help ensure the accuracy of reported branch office information in the SOD survey,
before completing the survey institutions should review their current branch
information on the FDIC's Institution Directory (ID) Web site at http://www2.fdic.gov/idasp/index.asp
(or go to www.fdic.gov > Industry Analysis > Bank Data &
Statistics > Institution Directory).
From the ID home page, click on "Find Offices," enter the bank's certificate number
or institution name, 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
Prior to June 16, 2010, institutions may e-mail corrections to the FDIC's Data
Collection and Analysis Section at firstname.lastname@example.org.
Beginning June 16, 2010, 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 e-mail
notification or within the "comments" section of the survey.
Once the initial 2010 survey information has been submitted, institutions can amend
deposit totals by accessing the SOD transaction within FDICconnect.
Institutions will also be able to amend 2009 deposit totals until October 8, 2010,
after which no further changes to 2009 data will be permitted through this process.
To submit amended data, institution users must be assigned SOD transaction
privileges within FDICconnect.
For assistance 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.