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FDICconnect Registration Process
FDICconnect is the secure e-business Web site for financial institutions to conduct transactions with the FDIC. In addition to Deposit Insurance Assessment Statements, the FDIC offers additional online transactions. Information about these transactions is provided online on the FDICconnect site after registration.
FDICconnect is a secure system. Every individual seeking access will need to register online and be associated with a financial institution. Registration is based on financial institution access profiles. The two types of profiles are Coordinator and User. The responsibilities for these roles are:
If a coordinator has not been previously registered for your institution, please follow the Coordinator Registration Process. If a coordinator is registered for your institution, please verify that either the coordinator, or another user, has access to the Deposit Insurance Assessment Statements transaction.
Coordinator Registration Process
Any financial institution that has not yet registered a coordinator to use FDICconnect should complete the attached Designated Coordinator (DC) Registration Form and fax the completed form to (703) 465-4313. This registration requires the signature of an Executive Officer of the financial institution. This step assures that each institutionís management is aware of the principal person on their staff who ďspeaks for the institution,Ē with regard to FDICconnect. More details about the Coordinatorís responsibility are provided below. (Please note that while an institution may have provided its Summary of Deposits or participated in a post-exam survey using FDICconnect, it may not yet have registered for continued access to the system.)
FDIC relies on the actions taken by the Coordinator and the users who are given access to various transactions. It is important that institutions choose the Coordinator carefully and that controls be implemented to address operational risks inherent with online transactions. When a Coordinator is assigned, FDICconnect staff will provide that individual with guidance and support for using FDICconnect.
After completing the registration process, the Coordinator may grant other individuals access to execute transactions on behalf of the institution. These users can be employees of the institution, the holding company, an outside data servicer, a law firm, or individuals who need to submit a beneficial ownership filing. When appropriate, such as in the case of data servicers, authorized FDICconnect users may execute transactions on behalf of more than one institution. The steps below outline the recommended and preferred registration process and order:
Once a coordinator is approved, they may grant access to other institution users. The following outlines this process:
If a coordinator is already registered for your institution, please have the Coordinator follow the steps below to verify access to the Deposit Insurance Assessment Statements Transaction.
There may be circumstances where an individual will need to be a Coordinator for more than one institution. While permissible, a separate Designated Coordinator (DC) Registration Form must be submitted from each institution. Individuals who have this need should contact the FDICconnect Help Desk (see below) for further instruction.
There may also be circumstances where an individual will need to be a User for more than one institution. While permissible, the user will need to be approved by the Coordinator from each institution. Individuals who have this need should contact the FDICconnect Help Desk (see below) for further instruction.
If you need assistance registering with FDICconnect or verifying operation of the Deposit Insurance Assessments Statements transaction, please contact the FDICconnect Help Desk via email at FDICconnect@fdic.gov or via phone at (877) 275-3342, option 5 from the bankers menu.
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