Data Dictionary
Item Number B898
CUSTODY AND SAFEKEEPING ACCOUNTS - NON-MANAGED ASSETSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFDB898 | 2001-12-31 | 9999-12-31 | No | Multiple Forms |
| RCONB898 | 2001-12-31 | 9999-12-31 | No | FFIEC 041 |
| RCONB898 | 2001-12-31 | 9999-12-31 | No | FFIEC 051 |
| SVGLB898 | 2002-03-31 | 2008-12-31 | Yes | OTS 1313 |
| SVGLB898 | 2009-03-31 | 2011-12-31 | No | OTS 1313 |
| UBPRB898 | 2001-12-31 | 9999-12-31 | No |
Data Description:
Report the market value for all personal and institutional custody and safekeeping accounts held by the institution. Safekeeping and custody accounts are a type of agency account in which the reporting institution performs one or more specified agency functions but the institution is not a trustee and also is not responsible for managing the asset selection for account assets. These agency services may include holding assets, processing income and redemptions, and other recordkeeping and customer reporting services. For employee benefit custody or safekeeping accounts, the number of accounts reported should reflect the total number of plans administered rather than the number of plan participants. Include accounts in which the institution serves in a sub-custodian capacity. For example, where one institution contracts with another for custody services, both institutions should report the accounts in their respective capacity. Do not include accounts for which you provide document custodial services for Ginnie Mae, Fannie Mae, or other mortgage-backed securities. Also, do not include accounts for which you provide services to land trusts.
Accounts in which the institution serves as trustee or in an agency capacity in addition to being custodian should be reported in the category of the primary relationship. For example, personal trust accounts in which the institution also serves as custodian should be reported as personal trust accounts and not as custodian accounts. An institution should report an account only once in Schedule RC-T, items 4 through 8 and 10.
Report custodian accounts that are incidental to fiduciary services. Include those custody and safekeeping accounts that are administered by the trust department, and those that are administered in other areas of the institution through an identifiable business unit that focuses on offering fiduciary related custodial services to institutional clients. Exclude those custodial and escrow activities related to commercial bank services such as retail and institutional brokerage assets, securities safekeeping services for correspondent banks, escrow assets held for the benefit of third parties, safety deposit box assets, and any other similar commercial arrangement.
COMPARABILITY:
Beginning 3/31/02, reported on Schedule FS for the SVGL report.
NOTE:
Reported on Schedule RC-T Fiduciary and Related Services for the FFIEC 031 and 041 reports.
Reported on Schedule T for the FFIEC 002 report.
For the UBPR series, the FDIC's Data Element name is H-CUSTNMASS