What is the Federal Financial Institution Data Match (FED FIDM) Program?

A memo number DC-98-69 was sent from The U.S. Department of Health and Human Services, Administration for Children and Families, Office of Child Support Enforcement's Commissioner, David Gray Ross to State IV-D Directors and Financial Industry Workgroup Members on July 28, 1998. This memo highlights a multi-state Financial Institution Data Match (FIDM) federal program mandated by HR3130 to process data matches nationwide for those financial institutions doing business in two or more states. As of this time only multi-state financial institutions will be processed at the federal level.

The multi-state institution has an option of participating in the FIDM program with either the individual states or with the Federal FIDM. They must complete the Multistate Election form located on the Federal Office of Child Support Enforcement's Website at www.acf.dhhs.gov/programs/cse/fct/fidm/docs/elecform.pdf. The state will receive and process information on matched accounts from the FED FIDM.

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