FDIC Insured Bank Glossary of Terms

Below is a list of commonly used terms to to refer to FDIC insured bank details as indicated on the site. Each FDIC insured bank will refer to one or more of these FDIC bank terms.

FDIC Bank Terms

Bank Charter Class A classification code assigned by the Federal Deposit Insurance Corporation (FDIC) based on the institution’s charter type (commercial bank or savings institution), charter agent (state or federal), Federal Reserve membership status (Fed member, Fed nonmember)and its primary federal regulator (state chartered institutions are subject to both federal and state supervision).N = Commercial Bank. Bank is supervised by the Office of the Comptroller of the Currency (OCC). National Charter and a Fed member.

SM = Comptroller of the Currency (OCC). National Charter and a Fed member.

NM = Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member

SB =Savings Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State Charer.

OI = Bank is an insured United States branch of a foreign chartered institution (IBA)

Bank Institution Name The legal name of the institution.
Bank Insurance Fund Institutions who are members of the Bank Insurance Fund. As of April 1, 2006 the Bank Insurance Fund (BIF) was merged together with the Savings Institution Insurance Fund (SAIF) to create a single Deposit Insurance Fund (DIF).  All FDIC insured BIF member institutions, that are still active or open, are now insured members of DIF.
Bank is FDIC Insured Indicates whether or not the bank is FDIC insured. Includes institutions insured by the Federal Deposit Insurance Corporation (FDIC).
Change Code Federal Deposit Insurance Corporation (FDIC) code used to signify a structural event relating to an institution.  Structure codes are as follows:
Change Code Description Description of the Federal Deposit Insurance Corporation (FDIC) insured bank Change Code Description
Conservatorship Indicates if an institution is being operated in government conservatorship.
County County where the institution is physically located
Credit Card Institution Institutions with total loans greater than 50% of total assets and credit card loans greater than 50% of total loans, including loans that have been securitized and sold.
Date of Deposit Insurance The date that an institution obtained federal deposit insurance.
FDIC Bank’s Chartering Agency Authority for federally chartered savings associations  State (includes U.S. Territories) – Chartering authority for institutions that are not chartered by the OCC or OTS”
FDIC Certificate ID A unique number assigned by the Federal Deposit Insurance Corporation (FDIC) used to identify institutions and for the issuance of insurance certificates.
FDIC Field Office The Federal Deposit Insurance Corporation (FDIC) Field Office where an institution is physically located.
FDIC Supervisory Region The supervisory Federal Deposit Insurance Corporation (FDIC) office assigned to the institution.  The eight Federal Deposit Insurance Corporation (FDIC) Supervisory Regions and their respective states are:    Boston – Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont  New York – Delaware, District of Columbia, Maryland, New Jersey, New York, Pennsylvania, Puerto Rico, U.S. Virgin Islands  Atlanta – Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia  Memphis – Arkansas, Kentucky, Louisiana, Mississippi, Tennessee  Chicago – Illinois, Indiana, Michigan, Ohio, Wisconsin   Kansas City – Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota  Dallas – Colorado, New Mexico, Oklahoma, Texas  San Francisco – Alaska, American Samoa, Arizona, California, Guam, Hawaii, Idaho, Montana, Nevada, Oregon, States of Micronesia, Utah, Washington, Wyoming  “
Federal Reserve District The Federal Reserve District in which the institution is physically located. There are twelve Federal Reserve Districts, with two Districts serving one state in some instances. The list of Federal Reserve Districts and their respective states are as follows: Boston – Connecticut, Maine, Massachuestts, New Hampshire, Rhode Island, Vermont New York – Connecticut, New Jersey, New York, Puerto Rico U.S. Virgin Islands  Phildelphia – Delaware, New Jersey, Pennsylvania Cleveland – Kentucky, Ohio, Pennsylvania, West Virginia Richmond – Maryland, North Carolina, South Carolina, Virginia, West Virginia Atlanta – Alabama, Florida, Georgia, Louisiana, Mississippi, Tennessee Chicago – Illinois, Indiana, Iowa, Michigan, Wisconsin St. Louis – Arkansas, Illinois, Indiana, Kentucky, Mississippi, Missouri, Tennessee Minneapolis – Michigan, Minnesota, Montana, North Dakota, South Dakota, Wisconsin Kansas City – Colorado, Kansas, Missouri, Nebraska, New Mexico, Oklahoma, Wyoming Dallas – Louisiana, New Mexico, Texas San Francisco> – Alaska, American Samoa, Arizona, California, Guam, Hawaii, Idaho, Nevada, Oregon, States of Micronesia, Utah, Washington
Inactive Bank that used to be FDIC insured? Institutions that are currently closed but were once insured by the Federal Deposit Insurance Corporation (FDIC).
Insured Commercial Banks Includes commercial banks insured by the Federal Deposit Insurance Corporation (FDIC).  These institutions are regulated by one of the three Federal commercial bank regulators (Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board, or Office of the Comptroller of the Currency).  They submit financial reports to the Federal Reserve (state member banks) or the Federal Deposit Insurance Corporation (FDIC) (state non-member banks and national banks).
Insured offices of foreign banks Includes Bank Insurance Fund insured branches in the U.S. established by banks chartered and headquartered in foreign countries.  These institutions are regulated by one of the three Federal commercial bank regulators and submit financial data to the Federal Reserve.
Insured Savings Institution Includes savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) that operate under state or federal banking codes applicable to thrift institutions.  These institutions are regulated by and submit financial reports to one of two Federal regulators (Federal Deposit Insurance Corporation (FDIC) or Office of Thrift Supervision).
Is the Bank Active? Indicates if the FDIC bank institutions is currently open and insured by theFederal Deposit Insurance Corporation (FDIC)
Oakar Institutions A member of one insurance fund that acquired deposits insured by the other fund, where that portion of the buyer’s deposits remained insured by, and assessable by, the other fund.
OCC Bank Charter Number A unique number assigned by the Office of the Comptroller of the Currency (OCC) used to identify institutions that it has chartered and regulates (i.e. national  banks).
Office of Thrift Supervision Docket ID An identification number assigned to institutions chartered by the office of thrift supervision or members of the federal housing finance board (FHFB) and formerly by the federal home loan bank board.  The value is “00000” for institutions not members of the FHFB.
Office of Thrift Supervision Region The Office of Thrift Supervision (OTS) Region in which the institution is physically located. The five OTS Regions and their respective states are: Northeast – Connecticut, Delaware, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, West Virginia Southeast – Alabama, District of Columbia, Florida, Georgia, Maryland, North Carolina, Puerto Rico, South Carolina, U.S. Virgin Islands, Virginia Central – Illinois, Indiana, Kentucky, Michigan, Ohio, Tennessee, Wisconsin Midwest – Arkansas, Colorado, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas West – Alaska, American Samoa, Arizona, California, Guam, Hawaii, Idaho, Montana, Nevada, States of Micronesia, Oregon, Utah, Washington, Wyoming
Regulator There are four Federal regulators of banks and savings and loan institutions:Federal Deposit Insurance Corporation (FDIC) – primary federal regulator responsible for state-chartered banks not members of the Federal Reserve System and state chartered savings banks.

Federal Reserve Board (FRB) – Primary Federal regulator responsible for state-chartered commercial bank members of the Federal Reserve System.

Office of the Comptroller of the Currency (OCC) – Primary Federal regulator responsible for nationally chartered commercial banks.

Office of Thrift Supervision (OTS) – Primary Federal regulator responsible for federally chartered savings and loan associations, federal savings banks and state-chartered savings and loan associations. FDIC insured depository institutions are members of the Deposit Insurance Fund (DIF).

State Charter Indicates if an institution is state chartered. Chartered banks safeguard monteary deposits for the purpose of lending out money. A chartered bank in some way works with specific government authority granted to them to do specific business. They accept deposits similar to other Federal Deposit Insurance Corporation (FDIC) banks
Total Assets The sum of all assets owned by the FDIC insured bank institution including cash, securities, loans, bank premises and other long-term assets. This total does not include off-balance-sheet accounts.
Total Deposits The sum of all deposits held by the FDIC insured bank institution including demand deposits, money market deposits, other savings deposits, time deposits and deposits in foreign offices.