Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Data Dictionary

Item Number D353

THE NUMBER OF YEARS THE FINANCIAL INSTITUTION HAS BEEN OPEN.

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
UBPRD353	2001-03-31	9999-12-31	No

Data Description:

THE NUMBER OF YEARS THE FINANCIAL INSTITUTION HAS BEEN OPEN.

UBPR Description:
INST_FIN_OPEN_NUM is the number of years from the Report Date that the financial institution was established, plus one year, so the value will always be at least one (1). (i.e., (Interval between established date and report period) + 1)

FDIC Usage :
Used in Peer group calculations

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).

Last update: May 16, 2024