Fed File Pro
Simplified FR Y-9SP, FR Y-11, and FR Y-11S form submission
ProfitStars’ Fed File Pro Consolidated and Fed File Pro Direct Entry programs allow bank holding companies with $500 million or more in total consolidated assets to electronically file their FR Y-9C, FR Y-9LP, FR Y-11, and FR Y-11S reports to the Federal Reserve.
Holding companies save time and improve accuracy by importing their subsidiary bank’s instance document (*.xml, *.xtrn) into these programs. The Y-9 software is also compatible with all Call Report software vendors, including a direct link to Call Report Pro software from ProfitStars.
What It Does
Allows for electronically filing of a variety of key reports to the Federal Reserve:
FR Y-9C
FR Y-9LP
FR Y-1
FR Y-11S
Imports the subsidiary bank’s instance document (i.e., transmission file) into the Fed File Pro Consolidated, Direct Entry, and Reclass programs.
Provides Y-9 software that is compatible with all Call Report software vendors, including a direct link to ProfitStars’ Call Report Pro software.
Provides a built-in electronic transmission link for sending the reports to the Federal Reserve via IESUB.
Fed File Pro Consolidated includes a Consolidation Worksheet and both programs include Comparison Reports.
What It Does For Me
Includes extensive edit checks to ensure accurate filing – more than 2,000 continuous edit checks save you hours of editing, proofing, and re-typing time.
Improves accuracy and allows staff to focus on other critical tasks.
Simplifies the reporting process and integrates with ProfitStars’ Call Report Pro.
Comparison Reports and Worksheets enable detailed review and analysis.
Provides an ideal filing solution for both large bank holding companies and smaller institutions.