Review, comments sought for updated bank research, organizational online tools

Review and comments of updated and “cloud-based” data tools for locating and researching a bank, and exploring changes in bank organizational structure, is being sought by the federal insurer of bank deposits.

The Federal Deposit Insurance Corp. (FDIC) said Monday it is in the process of improving both the “BankFind” (an online tool for locating FDIC-insured banking institutions) and the “Organizational Structure Change Report” (another online tool aimed at tracking changes in the structure of a bank for non-financial activity).

The agency said it is modernizing the “BankFind” tool “to provide an improved and more intuitive user experience.” However, for now, it is limited in functionality as it is being “iteratively built”; for example, there is a current limitation of 200 as the maximum number of results returned. The beta version available now is limited to provide its users the ability to search and locate high-level bank information, the FDIC said.

The “Organizational Structure Change Reports” tool is also being iteratively built and is likewise limited in functionality, the agency said.

The FDIC said it is seeking feedback or questions from users about both updated tools.

BankFind Cloud Edition (Beta)

Organizational Structure Change Report (Beta)