Geocodio makes it easy to securely upload a large spreadsheets of address data and add Census tracts, blocks, and MSAs, saving employees valuable hours in reporting time.
If you are looking for a more user-friendly, faster alternative to the FFEIC geocoder, Geocodio might be what you're looking for. You can also easily add Census demographic information in the same upload, such as household income and demographic statistics.
When you submit an address to Geocodio and select the "Census" append, we will add Census tracts, blocks, FIPS codes, MSAs, and CSAs to the addresses. You can lookup Census tracts by uploading a spreadsheet or programmatically adding the data using our API.
Geocodio is built to handle large volumes of data. Geocodio is an easy-to-use, fast, and secure alternative to the FFIEC geocoder. You can upload a files of addresses or coordinates up to 1 GB each, and upload multiple datasets simultaneously. You can also run batches of 10,000 through our API in parallel. When you add the "Census" field to your request, all of the Census identifiers will be returned for the coordinates or addresses: Census FIPS codes, blocks, tracts, MSAs, and CSAs.
Companies and organizations use Geocodio's Census tract add-ons for many different compliance purposes. Banks, credit unions, and other financial institutions are required to report Census MSAs, tracts, blocks, and FIPS codes to the FFIEC to ensure they are complying with the fair lending requirements of the Community Reinvestment Act (CRA) and the Home Mortgage Disclosure Act (HMDA). Investors are required to report the Census Tracts of their investments to prove that they are in Opportunity Zones or qualify for the New Markets Tax Credit. The Federal government hires contractors on, among many factors, their HUBZone status, which is determined among other factors by the business' location in a Qualified Census Tract. The HRSA desginates particular Census Tracts as Health Professional Shortage Areas or Medically Underserved Areas.
The FFIEC geocoder allows you to look up the FIPS code, Census tract, Census block, MSAs, and CSAs for a particular address. However, you can only do one address at a time. With Geocodio, you can upload a spreadsheet of hundreds or even millions of addresses and get all of the data within minutes. Geocodio is a fast, easy-to-use, and secure geocoder.
The FFIEC Geocoder is powered by the Census Bureau's TIGER/Line dataset. The FFIEC's data, like the Census Bureau's own geocoder, is only at the "range interpolated" level of accuracy; it is not at the individual household level. Most of Geocodio's results are at the rooftop level -- i.e., the exact house, or a point in front of the house on the street -- and we always return accuracy information with results, whereas the government's TIGER/Line geocoders do not. Therefore there are cases where Geocodio is more accurate than the FFIEC geocoder.
The FFIEC is aware that their own geocoder may not always be the most accurate. The FFIEC states in the disclaimer for their geocoder that "the FFIEC makes no warranty, express or implied, nor assumes any legal liability or responsibility for the accuracy, correctness, or completeness of any information."