An adverse action notice is a document sent to a loan applicant stating a bank’s rationale for denying a loan. It may also contain a counteroffer, such as a lesser amount or a request for an approved co-borrower.
An authorized signer form is a document that allows an account holder to grant a range of clearance levels to individuals to perform certain functions within a bank account.

The FDIC Institution Directory provides financial reporting and other data on any FDIC-insured bank or credit union. Financial data was formerly available within FDIC BankFind; however, in late 2020 or early 2021, this information was apparently moved to a separate section of (known as the FDIC Institution Directory).

FDIC Institution Directory Features

The FDIC Institution Directory allows visitors to search by certificate number or institution name. The user can view a list of a bank or credit union’s locations, research holding companies and groups of institutions, and inspect quarterly call reports. This database also permits users to drill down for a more granular view of a financial institution’s assets, such as to gain additional information about the composition of its securities or net loans and leases.

Who Uses the FDIC Institution Directory—and Why?

The FDIC Institution Directory can be a valuable resource to a variety of bank and credit union employees, and consumers and members:

  • Vendors to the banking industry might use the FDIC Institution Directory to check on the financial health of an institution before determining whether to do business with it. Vendors also commonly use asset size data to determine how to price their products or services. This is particularly common in the software industry. For example, Alogent uses an asset-based model to price its AccuAccount document management system.
  • Bank and credit union staff might use the FDIC Institution Directory to perform competitive research. A competitor’s financial performance data can be especially helpful when making decisions about new markets, banking products, and services.
  • Consumers may investigate a bank or credit union before opening an account—the FDIC Institution Directory provides transparency into the financial health of American banks. Consumers could also use the database to determine if a bank or credit union has a nearby branch.

Additional Resources for Bankers

For more information, be sure to check out our extensive resource library with free spreadsheets, whitepapers, videos and eBooks.

Browse our banking definitions page for more terminology.

Explore more resources

Exception Tracking Cost Calculator

Exception tracking has many moving parts—from notice generation to recordkeeping and reporting. How much does it cost your financial institution each year? Find out with Alogent’s free calculator.
Read More »

Related articles

Tuesday 19 September 2023

From Data to Results: The Role of Personalization in Your Digital Banking Platform

One powerful strategy to enhance the user experience and drive engagement on digital platforms is through built-in contextual marketing. In the world of digital banking…

Learn More »

Wednesday 6 September 2023

[Playbook] Efficiently Managing To-Dos with Task Exceptions

Your financial institution is growing—more branches, more team members, more loan and account holders, and more follow-up. To keep pace with this complexity, you need…

Learn More »

Monday 28 August 2023

Exception Tracking: Is Now the Right Time to Upgrade Your Workflow?

Documentation and follow-up tasks for financial institutions to manage is commonplace—especially for banks and credit unions involved in commercial lending. Proactively tracking missing and expired…

Learn More »

Thursday 17 August 2023

[Playbook] Tracking and Resolving Recurring Document Exceptions

Proactively dealing with missing and expiring documents is a key component of an effective exception management strategy. However, that’s easier said than done when your…

Learn More »

Wednesday 9 August 2023

Six Steps to Maximize Your Financial Institution’s Digital Transformation Journey within the Digital Banking Channel

In today's rapidly evolving digital banking market, digital transformation and the adoption of cutting-edge, scalable solutions has become a necessity for banks and credit unions…

Learn More »

Tuesday 1 August 2023

Check Volumes are Declining, But Check Fraud is Rising: What’s it Costing your Financial Institution?

No financial institution – large or small – is protected from transaction or check fraud. And, the difficult reality for institutions is that fraud can…

Learn More »

Wednesday 26 July 2023

Boost Productivity at your Financial Institution with Enhanced Cold Storage

Cold storage systems can support numerous use cases at banks and credit unions. The phrase “cold storage” can be used to describe technology that manages…

Learn More »

Tuesday 18 July 2023

[Playbook] Interfacing Your Imaging System with eSign, LOS, & Other Systems

Your financial institution relies on a variety of technology to ensure efficient commercial lending operations—everything from loan origination systems (LOS) to eSign products. Wouldn’t it…

Learn More »