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April 2001
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Spatial Insights unveils US Bank location and deposit databases
Vienna, VA. April 26, Spatial Insights, Inc. has announced the completion of a nationwide database of bank locations, attributed with deposit balance. Leveraging continually updated bank and savings deposit balance data, Spatial Insights geographically referenced and summarized more than 84,000 branches and offices of FDIC-insured institutions. In response to industry need, the data are available packaged in two data products: Bank Location Data and Summary Deposit Data.
The Bank Location Data provide one geocoded record for each financial institution. Attribute fields include total deposit balance, bank charter class and type, as well as locational information such as address, latitude/longitude, and block group identifier.
In developing the Summary Deposit Data, Spatial Insights enhanced the point data by creating aggregations by useful Census and postal geographies including ZIP code, county, and MSA (Metropolitan Statistical Area). Requests for data summarized by custom client-defined boundaries are also welcomed. In addition to summarizing the bank totals, Spatial Insights has also calculated the number of financial institutions and deposit amounts for each of six bank charter classes: three commercial, two savings, and one foreign-chartered.
Both data products are available for years spanning 1994 through 2000, with the next update expected in December of 2001.
The data work directly with ARC/INFOTM, ArcViewTM, MapInfo ProfessionalTM, and are available in a number of industry standard formats, including .TAB, .SHP, and .DBF.
Detailed product information, including pricing, is available at www.spatialinsights.com/data/geodata/bank.
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