Data Dictionary
Item Number G803
RECIPROCAL BROKERED DEPOSITS (INCLUDED IN SCH. RC-E, PART 1, MEM.1BCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCONG803 | 2009-06-30 | 9999-12-31 | No | Multiple Forms |
| SVGLG803 | 2009-06-30 | 2011-12-31 | No | OTS 1313 |
| UBPRG803 | 2009-06-30 | 9999-12-31 | No |
Data Description:
Report the amount of reciprocal deposits included in the amount of brokered deposits reported in Schedule RC-E, (part I,) Memorandum item 1.b, "Total brokered deposits."
As defined in Section 327.8(s) of the FDIC's regulations, "reciprocal deposits" are "[d]eposits that an insured depository institution receives through a deposit placement network on a reciprocal basis, such that: (1) for any deposit received, the institution (as agent for depositors) places the same amount with other insured depository institutions through the network; and (2) each member of the network sets the interest rate to be paid on the entire amount of funds it places with other network members."
FFIEC 031 & 041 - Schedule RC-O Line Item 9
SVGL -- Report the data on an unconsolidated single FDIC certificate number basis pursuant to the first paragraph under GENERAL INSTRUCTIONS in the DEPOSIT DATA FOR DEPOSIT INSURANCE PREMIUM ASSESSMENTS section. As defined in Section 327.8(s) of the FDIC's regulations, "reciprocal deposits" are "[d]eposits that an insured depository institution receives through a deposit placement network on a reciprocal basis, such that; (1) for any deposit received, the institution (as agent for depositors) places the same amount with other insured depository institutions through the network; and (2) each member of the network sets the interest rate to be paid on the entire amount of funds it places with other network members.