Agency Information Collection Activities: Proposed Information Collection; Comment Request, 54264-54266 [E7-18735]
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54264
Federal Register / Vol. 72, No. 184 / Monday, September 24, 2007 / Notices
Federal Communications Commission.
Marilyn Jones,
Attorney, Wireline Competition Bureau.
[FR Doc. E7–18694 Filed 9–21–07; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Information
Collection; Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
rfrederick on PROD1PC67 with NOTICES
AGENCY:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, an
agency may not conduct or sponsor, and
the respondent is not required to
respond to, an information collection
unless it displays a currently valid
Office of Management and Budget
(OMB) control number. The FDIC is
contemplating initiating a survey
relating to large-bank deposit insurance
account systems. Institutions with the
largest number of deposit accounts
would be asked to provide information
about their deposit account systems to
the FDIC. The FDIC is exploring new
methods to modernize its deposit
insurance determination process,
whereby the insurance status of each
depositor is determined in the event of
failure, and information collected
through the survey would be used to
facilitate those efforts.
DATES: Comments must be submitted on
or before November 23, 2007.
ADDRESSES: You may submit comments
by any of the following methods:
• Agency Web Site: https://
www.fdic.gov/regulations/laws/federal.
Follow instructions for submitting
comments on the Agency Web Site.
• E-mail: Comments@FDIC.gov.
• Mail: Leneta Gregorie, Legal
Division, Attention: Comments, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429.
• Hand Delivery/Courier: Guard
station at the rear of the 550 17th Street
Building (located on F Street) on
business days between 7 a.m. and 5 p.m.
(EST).
All comments should refer to ‘‘Survey of
Large-Bank Deposit Insurance
Programs.’’ Copies of comments may
also be submitted to the OMB desk
officer for the FDIC, Office of
Information and Regulatory Affairs,
Office of Management and Budget, New
Executive Office Building, Washington,
DC 20503.
Public Inspection: All comments
received will be posted without change
VerDate Aug<31>2005
14:43 Sep 21, 2007
Jkt 211001
to https://www.fdic.gov/regulations/laws/
federal including any personal
information provided. Comments may
be inspected and photocopied in the
FDIC Public Information Center, 3501
North Fairfax Drive, Room E–1002,
Arlington, VA 22226, between 9 a.m.
and 5 p.m. (EST) on business days.
Paper copies of public comments may
be ordered from the Public Information
Center by telephone at (877) 275–3342
or (703) 562–2200.
FOR FURTHER INFORMATION CONTACT:
Interested members of the public may
obtain additional information about the
collection by contacting Leneta Gregorie
at the address identified above or by
calling 202–898–3719.
SUPPLEMENTARY INFORMATION: Proposal
to seek OMB approval for the following
new collection of information:
Title: Survey of Large-Bank Deposit
Insurance Programs.
OMB Number: New collection (3064–
xxxx).
Frequency of Response: One-time.
Affected Public: Insured depository
institutions with over 250,000 deposit
accounts and total deposit domestic
accounts of at least $2 billion, and
institutions with total assets over $20
billion with less than 250,000 deposit
accounts and total domestic deposits of
at least $2 billion.
Estimated Number of Respondents:
159.
Estimated Time per Response:
Estimated average of 16 hours per
respondent.
Estimated Total Annual Burden: 159
respondents times 16 hours per
respondent = 2544 hours.
General Description of Collection
In view of the significant industry
consolidation in recent years, the FDIC
is exploring new methods to modernize
the process to determine the insurance
status of each depositor in the event of
a depository institution failure. The
FDIC’s current procedures to determine
deposit insurance coverage may result
in unacceptable delays if used for an
FDIC insured institution with a large
volume of deposit accounts. In
developing a new system to determine
insurance coverage, the FDIC’s goals are
to minimize disruption to depositors
and communities, and maximize
recoveries for the deposit insurance
fund in the event one of the largest
insured institutions should fail. On
December 13, 2005, the FDIC published
in the Federal Register for a 90-day
comment period, an advance notice of
proposed rulemaking (‘‘ANPR’’) seeking
public comment on the best means to
accomplish these objectives. 70 FR
PO 00000
Frm 00032
Fmt 4703
Sfmt 4703
73652 (Dec. 13, 2005). On December 13,
2006, the FDIC published a follow-up
ANPR seeking further comment on
whether and how the largest insured
depository institutions should be
required to modify their deposit account
systems to speed depositor access to
funds in the event of failure. 71 FR
74857 (Dec. 13, 2006). The proposed
survey is designed to help the FDIC
better understand the deposit account
systems used by the largest banks. The
proposed collection and instructions, in
its current form, are set forth in
Appendix A.
The focus of the survey is on FDICinsured institutions with complex
deposit systems. These include those
institutions with the largest volume of
deposit accounts, currently expected to
include 152 insured institutions with
over 250,000 deposit accounts and total
domestic deposits of at least $2 billion,
as well as seven additional institutions
with total assets over $20 billion, with
less than 250,000 deposit accounts and
total domestic deposits of at least $2
billion (‘‘Covered Institutions’’).
The preferred method for collecting
the data is through electronic
submission in order to minimize burden
on respondents. The study will conform
to privacy rules and will not request any
information that could be used to
identify individual bank customers,
such as name, address, or account
number. All data from participating
insured institutions will remain
confidential. It is the intent of the FDIC
to publish only general findings of the
study.
Request for Comment
Comments are invited on: (a) Whether
the collection of information is
necessary for the proper performance of
the FDIC’s functions, including whether
the information has practical utility; (b)
the accuracy of the estimates of the
burden of the information collection; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and (e) estimates of capital or start-up
costs, and costs of operation,
maintenance and purchase of services to
provide the information.
Appendix A—Proposed Collection and
Instructions Covered Institution
Questionnaire
Instructions. The purpose of this task
is to help the FDIC further its
understanding of banks covered by the
Advance Notice of Proposed
E:\FR\FM\24SEN1.SGM
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54265
Federal Register / Vol. 72, No. 184 / Monday, September 24, 2007 / Notices
Rulemaking (ANPR). This information
will be used to draft detailed technical
requirements for the Notice of Proposed
Rulemaking (NPR) setting forth the
requirements (data and operational)
with which covered banks must comply.
The questionnaire consists of five
sections. Please ask the most
knowledgeable person or particular
section in your institution to answer
these questions. Please record the time
in minutes for you to complete each
question. This will provide the FDIC
with the time required to complete this
questionnaire.
Goal 1: Identification of Account
Ownership. The purpose is to ensure
that the covered institutions can
uniquely identify ALL owners and
beneficiaries for each account
maintained by the institution. When
asked by the FDIC, the institution must
be able to articulate how accounts are
uniquely identified.
1. Does your institution have the
means to identify the following roles
involved in each deposit account?
Yes
No
a. Owners
b. Beneficiaries
c. Non-Owners
a. Single
b. Multiple
3. Does your institution have a means
of differentiating between SSN and TIN
at the account level?
a. Yes
b. No
4. Does your institution maintain
SSN/TIN for all the names on a deposit
account?
Yes
No
a. Owners
b. Beneficiaries
c. Non-Owners
rfrederick on PROD1PC67 with NOTICES
a. Yes
b. No
7. If your answer to Question 6 is Yes,
please provide the number of fields and
the field length (characters)?
14:43 Sep 21, 2007
Jkt 211001
8. Are multiple address fields
maintained for each deposit account?
For example, residence mailing or
seasonal.
a. Yes
b. No
If Yes, how many?
9. Does the account title contain key
words/phrases that identify all the roles
involved in the account?
Yes
No
a. Owners
b. Beneficiaries
c. Non-Owners
No
a. Single
b. Joint
c. Business
d. IRA (include Roth IRA,
self-directed Keoghs,
and traditional IRAs)
e. Single ITF (e.g., Payable on Death and In
Trust For accounts)
f. Single LIV (Revocable
Living Trust account)
g. Department of Energy
h. Business Escrow
i. Government
j. Irrevocable Trust
k. Bureau of Indian Affairs
l. Bank Owned
m. Brokerage
n. Employee Benefit Plan
2. Does your institution maintain
account-level product categories/
product types?
a. DDA (Non-Interest
Bearing Checking Accounts)
b. NOW (Interest Bearing
Checking Accounts)
c. MMA (Money Market
Accounts)
d. SAV (Savings Accounts and Money Market Savings Accounts)
e. CDS (Time Deposit Accounts and Certificate
of Deposit Accounts)
Frm 00033
Fmt 4703
3. Does your institution maintain
deposit class types?
Yes
Sfmt 4703
No
No
a. RTL (Retail)
b. FED (Federal)
c. STATE (State)
d. COMM (Commercial)
e. CORP (Corporate)
f. BANK ( Bank Owned)
g. DUE TO (Other Banks)
4. Does your institution maintain
deposit class codes for the following
categories?
Yes
Goal 2: FDIC Insurance
Determination. The purpose is to ensure
that the institution can provide accountlevel information that the FDIC can use
to establish its insurance categories.
1. Does your institution maintain
codes that identify the following type of
accounts?
PO 00000
No
f. REP (Repurchase Agreements)
a. Account Title
b. Account Address
Yes
5. What percentage of your deposit
accounts contains a SSN/TIN for all
account owners?
6. Does your institution maintain
separate fields for account titles and
account addresses?
Yes
Field
length
Yes
2. If your institution can identify the
roles involved in a deposit account,
does this identification occur through a
single data field or through multiple
data fields?
VerDate Aug<31>2005
Number
of fields
a. Retail RTL deposit
class valid code values
are:
1. Payable on Death
2. Individual
3. Trust
4. Estate
5. Attorney in Fact
6. Minor (UTMA)
7. Minor (UGMA)
8. Bankruptcy Personal
9. Pre-Need Burial
10. Escrow
11. Representative
12. Payee/Beneficiary
13. Joint
14. Non-Minor Custodian
15. Non-Minor Guardian
16. Other Retail
b. STATE valid values
are:
17. City
18. State
19. County, Clerk of
Court
20. Other State
c. Commercial:
21. Business Escrow
22. Business DBA
23. Bankruptcy
24. Proprietorship
25. Club
26. Church
27. Unincorporated Association
28. Unincorporated
Non-Profit
29. Other Commercial
d. Corporation:
30. Business Trust
31. Business Agent
32. Business Guardian
33. Incorporated Association
34. Incorporated NonProfit
35. Corporation
36. Corporate Partnership
37. Corporate Partnership Trust
E:\FR\FM\24SEN1.SGM
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Federal Register / Vol. 72, No. 184 / Monday, September 24, 2007 / Notices
Yes
6. Does the Institution have an
automated process in place to ensure
integrity of the following:
Yes
No
a. Active Accounts
b. Dormant Accounts
c. Accounts with Zero Average Daily Balance
a. The linkage of roles is
maintained between
CIF and DIF records
b. All product codes are
properly maintained
3. Provide the number of accounts for
each of the following dollar range.
7. Does the Institution use data
quality tools (ETL) to integrate legacy
data during a merger process?
Total number
of accounts
a. Yes
b. No
a. $5,000 or less
b. 5,000<$<=50,000
c. 50,000<$<=100,000
d. 100,000<$<=250,000
e. Greater than $250,000
Length
of hold
No
8. Which of the following occurs
during the acquisition process?
Goal 5: Miscellaneous Data
Collection. This information will be
used to help the FDIC streamline its
insurance determination processes.
1. How are the official items drawn on
your bank handled (i.e., are official
items drawn on your bank, paid through
your bank, and processed by your
bank)?
If not, what is your method?
2. For official items processed by your
institution, are the following elements
of information captured and maintained
electronically?
a. Legacy data is cleansed
b. All roles are converted
to the resulting institution codes
c. All roles are established and CIF records
are created for all deposit records
Yes
Yes
Dated at Washington, DC, this 15th day of
September, 2007.
Federal Deposit Insurance Corporation.
Robert Feldman,
Executive Secretary.
[FR Doc. E7–18735 Filed 9–21–07; 8:45 am]
BILLING CODE 6714–01–P
No
3. Does your institution have the
ability to place holds on all product
types?
FEDERAL RESERVE SYSTEM
3. What is the typical daily volume of
official items processed by your
institution? Please specify—
a. Yes
b. No
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The application also will be
available for inspection at the offices of
the Board of Governors. Interested
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
Number
of items
a. Yes
b. No
4. How does a hold affect the end-ofday schedule processing cycle?
Goal 4: Processing Segmentation. The
purpose is to ensure that the institution
has data segmentation that can assist the
FDIC in streamline its process.
1. Does your institution maintain
separate applications for the following
major types of accounts?
Yes
No
a. Check Number
b. Check Amount
c. Payee
d. Date of Issue
2. Can your institution support the
ability to move between temporary
holds and term holds?
rfrederick on PROD1PC67 with NOTICES
No
a. Documenting all fields
b. Documenting the
meaning of all codes
Total number
of accounts
a. Temporary Holds
b. Term Holds
c. Partial Holds
No
Total
dollar
amount
a. Cashier checks
b. Interest checks
c. Bank Money Orders
d. Expense checks
e. Loan Disbursements
f. Other checks
4. Do the account numbers appear on
interest checks processed daily by your
institution?
a. Yes
b. No
5. Does your institution have an upto-date data dictionary?
a. Brokerage/Escrow Accounts
14:43 Sep 21, 2007
Yes
2. What is the total number of the
following types of accounts maintained
by your deposit system(s)?
Goal 3: Hold Processing. The purpose
is to ensure that the institution can
apply monetary and non-monetary
transactions to accounts en masse.
1. Does your institution support the
following types of holds?
VerDate Aug<31>2005
No
b. IRA Accounts
c. Business Accounts
d. Trust
38. Corporate Agent
39. Corporate Guardian
40. Pre-Need Funeral
Trust
41. Limited Liability Incorporation
42. LLC Partnership
43. Lawyer Trust
44. Realtor Trust
e. DUE TO ( Other
Banks):
45. Due to U.S. Banks
46. Due to U.S.
Branches of Foreign
Banks
47. Due to Other Deposit Institutions
48. Due to Foreign
Banks
49. Due to Foreign
Branches of U.S.
Banks
50. Due to Foreign Governments and Official
Institutions
f. Bank:
51. Certified and Official Checks
52. ATM Settlement
53. Other Bank User
g. FED:
54. FHA
55. Federal
Yes
Yes
No
Jkt 211001
PO 00000
Frm 00034
Fmt 4703
Sfmt 4703
E:\FR\FM\24SEN1.SGM
24SEN1
]]>Agencies
[Federal Register Volume 72, Number 184 (Monday, September 24, 2007)]
[Notices]
[Pages 54264-54266]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18735]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Information
Collection; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, an
agency may not conduct or sponsor, and the respondent is not required
to respond to, an information collection unless it displays a currently
valid Office of Management and Budget (OMB) control number. The FDIC is
contemplating initiating a survey relating to large-bank deposit
insurance account systems. Institutions with the largest number of
deposit accounts would be asked to provide information about their
deposit account systems to the FDIC. The FDIC is exploring new methods
to modernize its deposit insurance determination process, whereby the
insurance status of each depositor is determined in the event of
failure, and information collected through the survey would be used to
facilitate those efforts.
DATES: Comments must be submitted on or before November 23, 2007.
ADDRESSES: You may submit comments by any of the following methods:
Agency Web Site: https://www.fdic.gov/regulations/laws/
federal. Follow instructions for submitting comments on the Agency Web
Site.
E-mail: Comments@FDIC.gov.
Mail: Leneta Gregorie, Legal Division, Attention:
Comments, Federal Deposit Insurance Corporation, 550 17th Street, NW.,
Washington, DC 20429.
Hand Delivery/Courier: Guard station at the rear of the
550 17th Street Building (located on F Street) on business days between
7 a.m. and 5 p.m. (EST).
All comments should refer to ``Survey of Large-Bank Deposit Insurance
Programs.'' Copies of comments may also be submitted to the OMB desk
officer for the FDIC, Office of Information and Regulatory Affairs,
Office of Management and Budget, New Executive Office Building,
Washington, DC 20503.
Public Inspection: All comments received will be posted without
change to https://www.fdic.gov/regulations/laws/federal including any
personal information provided. Comments may be inspected and
photocopied in the FDIC Public Information Center, 3501 North Fairfax
Drive, Room E-1002, Arlington, VA 22226, between 9 a.m. and 5 p.m.
(EST) on business days. Paper copies of public comments may be ordered
from the Public Information Center by telephone at (877) 275-3342 or
(703) 562-2200.
FOR FURTHER INFORMATION CONTACT: Interested members of the public may
obtain additional information about the collection by contacting Leneta
Gregorie at the address identified above or by calling 202-898-3719.
SUPPLEMENTARY INFORMATION: Proposal to seek OMB approval for the
following new collection of information:
Title: Survey of Large-Bank Deposit Insurance Programs.
OMB Number: New collection (3064-xxxx).
Frequency of Response: One-time.
Affected Public: Insured depository institutions with over 250,000
deposit accounts and total deposit domestic accounts of at least $2
billion, and institutions with total assets over $20 billion with less
than 250,000 deposit accounts and total domestic deposits of at least
$2 billion.
Estimated Number of Respondents: 159.
Estimated Time per Response: Estimated average of 16 hours per
respondent.
Estimated Total Annual Burden: 159 respondents times 16 hours per
respondent = 2544 hours.
General Description of Collection
In view of the significant industry consolidation in recent years,
the FDIC is exploring new methods to modernize the process to determine
the insurance status of each depositor in the event of a depository
institution failure. The FDIC's current procedures to determine deposit
insurance coverage may result in unacceptable delays if used for an
FDIC insured institution with a large volume of deposit accounts. In
developing a new system to determine insurance coverage, the FDIC's
goals are to minimize disruption to depositors and communities, and
maximize recoveries for the deposit insurance fund in the event one of
the largest insured institutions should fail. On December 13, 2005, the
FDIC published in the Federal Register for a 90-day comment period, an
advance notice of proposed rulemaking (``ANPR'') seeking public comment
on the best means to accomplish these objectives. 70 FR 73652 (Dec. 13,
2005). On December 13, 2006, the FDIC published a follow-up ANPR
seeking further comment on whether and how the largest insured
depository institutions should be required to modify their deposit
account systems to speed depositor access to funds in the event of
failure. 71 FR 74857 (Dec. 13, 2006). The proposed survey is designed
to help the FDIC better understand the deposit account systems used by
the largest banks. The proposed collection and instructions, in its
current form, are set forth in Appendix A.
The focus of the survey is on FDIC-insured institutions with
complex deposit systems. These include those institutions with the
largest volume of deposit accounts, currently expected to include 152
insured institutions with over 250,000 deposit accounts and total
domestic deposits of at least $2 billion, as well as seven additional
institutions with total assets over $20 billion, with less than 250,000
deposit accounts and total domestic deposits of at least $2 billion
(``Covered Institutions'').
The preferred method for collecting the data is through electronic
submission in order to minimize burden on respondents. The study will
conform to privacy rules and will not request any information that
could be used to identify individual bank customers, such as name,
address, or account number. All data from participating insured
institutions will remain confidential. It is the intent of the FDIC to
publish only general findings of the study.
Request for Comment
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collection;
(c) ways to enhance the quality, utility, and clarity of the
information to be collected; (d) ways to minimize the burden of the
information collection on respondents, including through the use of
automated collection techniques or other forms of information
technology; and (e) estimates of capital or start-up costs, and costs
of operation, maintenance and purchase of services to provide the
information.
Appendix A--Proposed Collection and Instructions Covered Institution
Questionnaire
Instructions. The purpose of this task is to help the FDIC further
its understanding of banks covered by the Advance Notice of Proposed
[[Page 54265]]
Rulemaking (ANPR). This information will be used to draft detailed
technical requirements for the Notice of Proposed Rulemaking (NPR)
setting forth the requirements (data and operational) with which
covered banks must comply.
The questionnaire consists of five sections. Please ask the most
knowledgeable person or particular section in your institution to
answer these questions. Please record the time in minutes for you to
complete each question. This will provide the FDIC with the time
required to complete this questionnaire.
Goal 1: Identification of Account Ownership. The purpose is to
ensure that the covered institutions can uniquely identify ALL owners
and beneficiaries for each account maintained by the institution. When
asked by the FDIC, the institution must be able to articulate how
accounts are uniquely identified.
1. Does your institution have the means to identify the following
roles involved in each deposit account?
Yes No
a. Owners ....... .......
b. Beneficiaries ....... .......
c. Non-Owners ....... .......
2. If your institution can identify the roles involved in a deposit
account, does this identification occur through a single data field or
through multiple data fields?
a. Single
b. Multiple
3. Does your institution have a means of differentiating between
SSN and TIN at the account level?
a. Yes
b. No
4. Does your institution maintain SSN/TIN for all the names on a
deposit account?
Yes No
a. Owners ....... .......
b. Beneficiaries ....... .......
c. Non-Owners ....... .......
5. What percentage of your deposit accounts contains a SSN/TIN for
all account owners?
6. Does your institution maintain separate fields for account
titles and account addresses?
a. Yes
b. No
7. If your answer to Question 6 is Yes, please provide the number
of fields and the field length (characters)?
Number of Field
fields length
a. Account Title ......... .......
b. Account Address ......... .......
8. Are multiple address fields maintained for each deposit account?
For example, residence mailing or seasonal.
a. Yes
b. No
If Yes, how many?
9. Does the account title contain key words/phrases that identify
all the roles involved in the account?
Yes No
a. Owners ....... .......
b. Beneficiaries ....... .......
c. Non-Owners ....... .......
Goal 2: FDIC Insurance Determination. The purpose is to ensure that
the institution can provide account-level information that the FDIC can
use to establish its insurance categories.
1. Does your institution maintain codes that identify the following
type of accounts?
Yes No
a. Single ....... .......
b. Joint ....... .......
c. Business ....... .......
d. IRA (include Roth IRA, self-directed Keoghs, and ....... .......
traditional IRAs)
e. Single ITF (e.g., Payable on Death and In Trust For ....... .......
accounts)
f. Single LIV (Revocable Living Trust account) ....... .......
g. Department of Energy ....... .......
h. Business Escrow ....... .......
i. Government ....... .......
j. Irrevocable Trust ....... .......
k. Bureau of Indian Affairs ....... .......
l. Bank Owned ....... .......
m. Brokerage ....... .......
n. Employee Benefit Plan ....... .......
2. Does your institution maintain account-level product categories/
product types?
Yes No
a. DDA (Non-Interest Bearing Checking Accounts) ....... .......
b. NOW (Interest Bearing Checking Accounts) ....... .......
c. MMA (Money Market Accounts) ....... .......
d. SAV (Savings Accounts and Money Market Savings ....... .......
Accounts)
e. CDS (Time Deposit Accounts and Certificate of ....... .......
Deposit Accounts)
f. REP (Repurchase Agreements) ....... .......
3. Does your institution maintain deposit class types?
Yes No
a. RTL (Retail)
b. FED (Federal)
c. STATE (State)
d. COMM (Commercial)
e. CORP (Corporate)
f. BANK ( Bank Owned)
g. DUE TO (Other Banks)
4. Does your institution maintain deposit class codes for the
following categories?
Yes No
a. Retail RTL deposit class valid code values are:
1. Payable on Death
2. Individual
3. Trust
4. Estate
5. Attorney in Fact
6. Minor (UTMA)
7. Minor (UGMA)
8. Bankruptcy Personal
9. Pre-Need Burial
10. Escrow
11. Representative
12. Payee/Beneficiary
13. Joint
14. Non-Minor Custodian
15. Non-Minor Guardian
16. Other Retail
b. STATE valid values are:
17. City
18. State
19. County, Clerk of Court
20. Other State
c. Commercial:
21. Business Escrow
22. Business DBA
23. Bankruptcy
24. Proprietorship
25. Club
26. Church
27. Unincorporated Association
28. Unincorporated Non-Profit
29. Other Commercial
d. Corporation:
30. Business Trust
31. Business Agent
32. Business Guardian
33. Incorporated Association
34. Incorporated Non-Profit
35. Corporation
36. Corporate Partnership
37. Corporate Partnership Trust
[[Page 54266]]
38. Corporate Agent
39. Corporate Guardian
40. Pre-Need Funeral Trust
41. Limited Liability Incorporation
42. LLC Partnership
43. Lawyer Trust
44. Realtor Trust
e. DUE TO ( Other Banks):
45. Due to U.S. Banks
46. Due to U.S. Branches of Foreign Banks
47. Due to Other Deposit Institutions
48. Due to Foreign Banks
49. Due to Foreign Branches of U.S. Banks
50. Due to Foreign Governments and Official
Institutions
f. Bank:
51. Certified and Official Checks
52. ATM Settlement
53. Other Bank User
g. FED:
54. FHA
55. Federal
Goal 3: Hold Processing. The purpose is to ensure that the
institution can apply monetary and non-monetary transactions to
accounts en masse.
1. Does your institution support the following types of holds?
Length
Yes of hold No
a. Temporary Holds
b. Term Holds
c. Partial Holds
2. Can your institution support the ability to move between
temporary holds and term holds?
a. Yes
b. No
3. Does your institution have the ability to place holds on all
product types?
a. Yes
b. No
4. How does a hold affect the end-of-day schedule processing cycle?
Goal 4: Processing Segmentation. The purpose is to ensure that the
institution has data segmentation that can assist the FDIC in
streamline its process.
1. Does your institution maintain separate applications for the
following major types of accounts?
Yes No
a. Brokerage/Escrow Accounts
b. IRA Accounts
c. Business Accounts
d. Trust
2. What is the total number of the following types of accounts
maintained by your deposit system(s)?
Total number
of accounts
a. Active Accounts
b. Dormant Accounts
c. Accounts with Zero Average Daily Balance
3. Provide the number of accounts for each of the following dollar
range.
Total number
of accounts
a. $5,000 or less
b. 5,000<$<=50,000
c. 50,000<$<=100,000
d. 100,000<$<=250,000
e. Greater than $250,000
Goal 5: Miscellaneous Data Collection. This information will be
used to help the FDIC streamline its insurance determination processes.
1. How are the official items drawn on your bank handled (i.e., are
official items drawn on your bank, paid through your bank, and
processed by your bank)?
If not, what is your method?
2. For official items processed by your institution, are the
following elements of information captured and maintained
electronically?
Yes No
a. Check Number ....... .......
b. Check Amount ....... .......
c. Payee ....... .......
d. Date of Issue ....... .......
3. What is the typical daily volume of official items processed by
your institution? Please specify--
Total
Number of dollar
items amount
a. Cashier checks ......... .......
b. Interest checks ......... .......
c. Bank Money Orders ......... .......
d. Expense checks ......... .......
e. Loan Disbursements ......... .......
f. Other checks ......... .......
4. Do the account numbers appear on interest checks processed daily
by your institution?
a. Yes
b. No
5. Does your institution have an up-to-date data dictionary?
Yes No
a. Documenting all fields ....... .......
b. Documenting the meaning of all codes ....... .......
6. Does the Institution have an automated process in place to
ensure integrity of the following:
Yes No
a. The linkage of roles is maintained between CIF and ....... .......
DIF records
b. All product codes are properly maintained ....... .......
7. Does the Institution use data quality tools (ETL) to integrate
legacy data during a merger process?
a. Yes
b. No
8. Which of the following occurs during the acquisition process?
Yes No
a. Legacy data is cleansed ....... .......
b. All roles are converted to the resulting ....... .......
institution codes
c. All roles are established and CIF records are ....... .......
created for all deposit records
Dated at Washington, DC, this 15th day of September, 2007.
Federal Deposit Insurance Corporation.
Robert Feldman,
Executive Secretary.
[FR Doc. E7-18735 Filed 9-21-07; 8:45 am]
BILLING CODE 6714-01-P
