What is geocoding ffiec?
Ffiec is a federal council for financial institutions. Geocoding is a practice in which standardized table data are associated with a specific place on the ground using established coordinates. Geocoding System FFIEC is a specialized geocoding system that has been developed primarily for the use of some financial institutions to meet messages. However, others use demographic information such as population and income data.
The geocoding system was created primarily for financial institutions that need to be reported under the Housing Mortgage Publication Act (HMDA) and the Reinvesting Act (CRA). All the information provided by the system is based on street addresses. It can be used to find a metropolitan statistical area (MSA), state and regions, as well as the census code, on the one hand or on the postal code, on the other. All fields are not required and apartment numbers must be omitted. It is important to specify exactly the exact name of the uliCE: Substitution as road for street or Avenue will not work. In addition, p.o. Boxes and rural routes fail.
disorders can also occur for other reasons. For example, a geocode information database on which FFIE geoding is based may not have information about street address when it has been added recently. In addition, the system can provide inaccurate information if there are responsible switches in the post office for delivery of the mail or any case where the post office providing mail does not correspond to the zip code of the actual street address. In this case, the system may fail by providing incorrect MSA information and census.
If the geocoding system fails, I do not recognize that it does not recognize the address, it is appropriate to deposit. The street map is displayed and the zoom function can be found closest to the address, allowing the user to find the appropriate census codes. Census maps and others nMasters available on the United States Census Web can provide additional assistance and serve as another backup.
It is important for the proper operation of the system that is selected a suitable date. There are three years to choose from. If the geocode data is needed for a year, which is not available, the information may be invalid.