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fdic

R package for retrieving data from the FDIC BankFind Suite API.


Example Plot of FDIC Summary of Deposit Data

The FDIC BankFind Suite API allows you to:

  • Search for specific FDIC-insured financial institutions
  • Collect branch office location data
  • Explore annual branch office deposit data by institution and location
  • Review financial reports and other performance metrics for institutions
  • Get details on failed financial institutions and structural change events
  • Retrieve historic aggregate financial and structural data
  • Obtain demographic data related to financial institutions

Installation

You can install the development version of {fdic} from GitHub using {pak} like so:

# install.packages("pak")
pak::pak("ketchbrookanalytics/fdic")

Authentication

An API key is required to use {fdic}. Register for a free personal key at the United States Government’s Open Data Portal, which allows up to 1,000 requests per hour.

Using Your API Key

Once you have obtained your API key, we recommend setting it as the FDIC_API_KEY environment variable. Perhaps the easiest way to do this is to create an .Renviron file at the root of your project like so:

FDIC_API_KEY=QwPoVb951753

Note: the above API key is an example and will not work – it must be replaced with a valid API key value.

If you prefer not to set the API key as an environment variable, you can pass it directly using the api_key argument available in each function in {fdic}.

Example 

library(fdic)

# Search for the five largest active institutions by asset size in New York
# Collect the total asset amount, name of each institution, and the report date
# The `ID` column is included in all responses despite not being in `fields`
# Sort the results by total assets, descending
get_institutions(
  filters = "STALP:NY AND ACTIVE:1",
  fields = c("ASSET", "NAME", "REPDTE"),
  sort_by = "ASSET",
  descending = TRUE,
  limit = 5
)
#> # A tibble: 5 × 4
#>       ASSET    ID NAME                                              REPDTE    
#>       <int> <int> <chr>                                             <chr>     
#> 1 751776000 33124 Goldman Sachs Bank USA                            03/31/2026
#> 2 467349000   639 The Bank of New York Mellon                       03/31/2026
#> 3 241388000 34221 Morgan Stanley Private Bank, National Association 03/31/2026
#> 4 214201000   588 Manufacturers and Traders Trust Company           03/31/2026
#> 5  87128815 32541 Flagstar Bank, National Association               03/31/2026

For a more detailed walkthrough, see vignette("fdic").

Inspiration for {fdic} came from several existing packages (both R and Python) that wrap the FDIC BankFind Suite API, including:

{fdic} expands on the principles of these packages to provide a consistent, flexible, and well-documented interface that uses a modern HTTP client and returns data in an easily usable format.

Need Help?

If you’re in need of assistance working with {fdic}, don’t hesitate to reach out to our team at .