The unique number the Federal Reserve assigns to a bank, credit union, holding company or other financial entity as its identifier in Federal Reserve records.
An RSSD ID is the Federal Reserve’s identifier for a financial entity. The FDIC’s data files define it as a unique number assigned by the Federal Reserve Board as the entity’s unique identifier, and they carry a second RSSD field for the top holding company above a bank. That is the practical difference from an FDIC certificate number: a cert exists only for a bank or savings institution, while RSSD IDs also cover the companies that own them.
When you seek a loan, the RSSD ID is useful in two places. First, it is the number to quote when you look up an institution or its holding company in Federal Reserve records. Second, it lets you see family ties. Two banks with different names and different certs can share one parent, and a request declined at one may reach the same credit policy at the other. Looking up the holding company’s RSSD ID shows that before you spend time on both.
Like other identifiers, it names a legal entity, not a brand. Check the name and city beside the number.
How it shows up in the data here
Each bank and credit union record here carries its RSSD ID where the FDIC or NCUA file supplies one. It is shown with the other identifiers on the lender page and is the number to use when you look the institution up in Federal Reserve records. See the data dictionary for the field and sources for the files it comes from.
Go further
- Data dictionary: The rssd_id field and its source.
- Search lenders: Banks and credit unions with their identifiers.
- How to read a bank call report as a loan searcher: Every bank files a call report each quarter. One schedule in it lists the bank's loans by kind. Read that schedule and you know what the bank holds. You still do not know what it made last quarter.
Related terms
- FDIC certificate number: The unique number the FDIC assigns to each bank and savings institution, used to identify it in FDIC records.
- Legal Entity Identifier (LEI): A unique 20-character code, issued under the ISO 17442 standard, that identifies a legal entity anywhere in the world.
- NCUA charter number: The number NCUA uses to identify a credit union in its records and call report files. It is the surest way to tell apart credit unions with similar names.
- Call report: The financial report every bank and savings association files with its federal regulator each quarter, with a balance sheet, an income statement and schedules that break out loans by kind.
- Uniform Bank Performance Report (UBPR): A public report, calculated each quarter mostly from a bank's call report, that turns the filing into ratios and compares the bank with a peer group.
Sources
Plain definitions for orientation, not legal, tax or credit advice. A lender's own policy decides what it will do.