1. Establish and maintain an inventory of financial institutions doing business in Maine including trust companies, savings banks, industrial banks, commercial banks, savings and loan associations, and federal and state credit unions. 2. Contact each financial institution and establish the data connections and file requirements necessary to perform accurate FIDM in a way that meets the requirements of the law and the operational needs of MRS and the financial institution. A wide range of file formats and media will be included and must be accommodated. Ensure files can be processed on any media used by the participating financial institutions. 3. Keep all information obtained from MRS and the financial institutions confidential and prohibit any employee, agent, or representative from disclosing that information to anyone other than the financial institutions or MRS. 4. Work with MaineIT staff to establish the data connections and file format necessary to obtain the file of individuals and businesses via FTP and to return a single file in the proper format to MRS. 5. Perform the data match function with all participating financial institutions on a quarterly basis. 6. Establish with MRS a mutually agreed-upon schedule for the electronic transmission of files. Adhere to the schedule and process files timely. 7. Resolve any technical difficulties that impact the ability of financial institutions’ ability to participate in the match program and work with MaineIT staff to resolve technical difficulties with file transfers. 8. Notify MRS via email, immediately upon becoming aware of a financial institution’s non-compliance in providing all required data match information or services.
