For the fourth consecutive quarter, there were no failures of insured commercial banks. The average ROA for savings institutions in the third quarter was 0.79 percent. For the first nine months of 1997, it was 0.90 percent. This system provides addresses and deposit totals for the more than 82,000 offices that can accept FDIC-insured deposits. SOD data is significant and useful for many reasons.
Regulators use the data to determine market share and assess compliance with antitrust laws.
Bankers use the information to assess their operations and their competition. Consumers can use the SOD system to locate convenient banking offices. The Institution Directory and Summary of Deposits systems can be found under the Data Bank selection on FDIC's Web site. The FDIC insures deposits at the nation's 11,027 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.