Office of the Comptroller of the Currency - Ensuring a Safe and Sound Federal Banking System for All Americans Site Map | Text Size: S M L

Joint Release
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency

Banking Agencies Announce Financial Institution Enrollment Schedule for Central Data Repository

The Federal Financial Institutions Examination Council (FFIEC) Call Report agencies – the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (FRB) and the Office of the Comptroller of the Currency (OCC) – today announced the schedule for financial institutions to enroll in the Central Data Repository (CDR). The CDR is a new Internet-based system created to modernize and streamline how the agencies collect, validate, manage and distribute financial data submitted by banks in quarterly "Call Reports." The new system is scheduled for implementation for the third quarter 2005 Call Report and will be the only method available for banks to submit their Call Reports.

In preparation for implementation of the CDR, financial institutions have been assigned to one of eight week-long enrollment windows beginning July 11. The implementation and enrollment plan was developed in cooperation with industry representatives, including software vendors, trade associations, and a number of banks from across the country that participate in the Financial Institutions Focus Group for the CDR project. Additional information on the CDR and the Call Report data modernization initiative is available at www.FFIEC.gov/FIND.

Media Contacts:

Federal ReserveSusan Stawick(202) 452-2955
FDICTibby Ford(202) 898-6993
OCCDean Debuck(202) 874-5770
# # #