What is the Multi-State Financial Institution Data Match (MSFIDM) Program?
The Federal Office of Child Support Enforcement (OCSE) assists States in conducting data matches with Multi-state financial Institutions (MSFI). A MSFI is defined as a financial institution operating (i.e. has offices – brick & mortar) in two or more states. If a bank or credit union does not have physical locations in two or more states it is then up to that particular financial institution’s legal/compliance division to determine whether the financial institution would qualify as a MSFI based on the applicable state laws and the types of financial transactions they perform.
