Master Accounts - Data Definitions

Existing Access Database:

Institution Name: The Institution Name field shows the name of the institution.

City: The City field shows the city where the institution's charter is registered with the appropriate regulatory authority.

State: The State field shows the state where the institution's charter is registered with the appropriate regulatory authority.

Date Access Effective: The Date Access Effective field shows the date on which Federal Reserve systems indicate an institution began to access a Reserve Bank master account and financial services.

Federal Deposit Insurance: The Federal Deposit Insurance field shows whether the institution has federal deposit insurance. If the institution is federally insured, this field shows whether its deposits are insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA).

Reserve Bank District: The Reserve Bank District field shows the Federal Reserve District from which the institution accesses a Reserve Bank master account and financial services.


Access Requests Database:

Institution Name: The Institution Name field shows the name of the institution.

City: The City field shows the city where the institution's charter is registered with the appropriate regulatory authority.

Date Submitted: The Date Submitted field shows the date when the institution requested access.

State: The State field shows the state where the institution's charter is registered with the appropriate regulatory authority.

Action: The Action field shows whether the access request is awaiting review (pending), has been declined (rejected), has been granted (approved), or has been voluntarily withdrawn by the requester (withdrawn).

Reserve Bank District: The Reserve Bank District field shows the Federal Reserve District from which the institution would access a Reserve Bank master account and financial services.

Action Date: The Action Date shows the date when a specific action was taken regarding the access request.

Access Request Tier: The Access Request Tier shows whether the requester is classified as Tier 1, Tier 2, or Tier 3 under the Account Access Guidelines.

Federal Deposit Insurance: The Federal Deposit Insurance field shows whether the institution has federal deposit insurance. If the institution is federally insured, this field shows whether its deposits are insured by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration (NCUA).

Last Update: July 18, 2023