The FDIC announced today that its annual Summary of
Deposits survey, which provides detailed information about
deposits at the 71,000 offices operated by U.S. banks, is now
available on the Internet.
The new Internet capability has not only enabled the FDIC
to make the survey available earlier than in the past, but has also
made it possible to provide flexible and user-friendly tools for
accessing the branch deposit data.
For example, individuals can call up maps of any state and
click on a county for a list of banking offices and deposits. Future
enhancements will enable users to select individual banks and obtain
a list of that institution's office locations and deposits -- a feature
that was not available in the printed data book, which organizes
data by county.
Other enhancements will benefit the banks that file summary
of deposit reports. Beginning with the June 30, 1997, survey,
financial institutions will be able to file electronically rather than
submitting a hard-copy form. The ability to submit reports
electronically should significantly reduce the reporting burden for
institutions required to provide this information and enable the
FDIC to further accelerate processing and publishing of the survey
The deposit data, as of June 30, 1996, can be accessed
through the FDIC's web page on the Internet at: www.fdic.gov.
The entire data set is also available on magnetic tape, while
reports on individual banks or institutions in a specific county can
be obtained by facsimile. Requests for facsimiles and tapes can be
mailed to the FDIC Disclosure Group, Room F-518, 550 17th
Street, N.W., Washington, D.C. 20429 or faxed to the Disclosure
Group at (202) 898-8614. All requests should include the type of
format desired and the mailing address and telephone number of the
requester. The cost for the magnetic tape is $85; facsimile cost is
10 cents per page. An invoice will be mailed to the requester along
with the product.
Congress created the Federal Deposit Insurance Corporation in 1933 to
restore public confidence in the nation's banking system. The FDIC
insures deposits at the nation's 11,547 banks and savings associations
and it promotes the safety and soundness of these institutions by
identifying, monitoring and addressing risks to which they are exposed.
The Quarterly Banking Profile is available on the Internet (via the
World Wide Web at www.fdic.gov), by fax (dial 1-804-642-0003 on your
fax machine and follow the voice prompts to request Document No. 232),
or by mail or messenger (from the FDIC's Public Information Center,
801 17th Street, NW, Washington, DC 20434, telephone 800-276-6003 or