Data Dictionary

Item Number C588
ANY TIME DURING CALENDAR YEAR, DID THE INSTITUTION HAVE AN EDGE OR AGREEMENT CORPORATION ORGANIZED UNDER SECTION 25 OF THE FEDERAL RESERVE ACT AND SUBJECT TO FEDERAL REGULATION K?

Call confidentiality applies to FFIEC 031/041.

Series Start Date End Date Confidential? Reporting Forms
RCONC588 2003-09-30 9999-12-31 Yes Multiple Forms
UBPRC588 2001-03-31 9999-12-31 No

Data Description:

A one-digit code indicating whether or not the institution has had an active Edge or Agreement Corporation during the current calendar year. Data used to determine whether or not a financial institution should file FFIEC 031 form. 0=No 1=Yes            A bank with "foreign" offices that divests itself of all its "foreign" offices must continue filing the FFIEC 031 report form through the end of the calendar year in which the cessation of all operations of its "foreign" offices was completed. This item should be reset at the beginning of each year to reflect the status as of January 1. This variable is used by the FDIC and OCC in the process to generate the UBPR in the Central Data Repository (CDR). The Board does NOT store this MDRM within the UBPR series tables in the Board's Financial Data Repository (FDR).

Back to Top
Last update: May 16, 2024