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Error OLSU-1024 or OLSU-1022, when creating an online bank account

When you try to create an online bank account in QuickBooks Desktop and the following error appears:

An error occurred while updating the branding files! Please restart the Online Banking Setup Wizard to initiate the update process again.
Followed by Error: OLSU-1024 or OLSU-1022
Why this is happening

The Financial Institution Directory (FIDIR) is not updated to include your bank information or it is not stored in the recommended location.

How to fix it
KB ID# SLN40914
12/3/2016 1:38:57 AM
QYPPRDQBKSWS09 9138 Pro 2017 3f2bc6