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Board announces approval of final amendments to Regulation D
May 20, 2009

The Federal Reserve Board on Wednesday announced the approval of final amendments to Regulation D (Reserve Requirements of Depository Institutions) to liberalize the types of transfers consumers can make from savings deposits and to make it easier for community banks that use correspondent banks to receive interest on excess balances held at Federal Reserve Banks.
FRB Press Release offsite link

New Limits On Trust Preferred Securities Delayed

March 17, 2009

The Federal Reserve Board on Tuesday announced the adoption of a final rule that delays until March 31, 2011, the effective date of new limits on the inclusion of trust preferred securities and other restricted core capital elements in tier 1 capital of bank holding companies (BHCs).
FRB Press Release offsite link

Revisions To The Bank Credit Reporting Series (FR 2069, FR 2416, FR 2644)

March 12, 2009

Effective July 1, 2009, the FR 2069 and FR 2416 will be discontinued and combined with the FR 2644 to create a single amended reporting form, the FR 2644 Weekly Report of Selected Assets and Liabilities.
March 12, 2009 Federal Register Notice (PDF) offsite link

Revisions To The Consolidated Reports Of Condition And Income For 2009

January 30, 2009

The Federal Financial Institutions Examination Council (FFIEC) has approved revisions to the reporting requirements for the Consolidated Reports of Condition and Income (Call Report). These regulatory reporting revisions will take effect on a phased-in basis during the year, with a limited group of proposed revisions taking effect as of March 31, 2009.
FFIEC Announcement Letter addressed to Bank CEOs (PDF)

Excess Balance Accounts

January 29, 2009

The Federal Reserve Board on Thursday requested public comment on proposed changes to Regulation D (Reserve Requirements of Depository Institutions) to authorize the establishment of limited purpose accounts, called "excess balance accounts" (EBAs), at Federal Reserve Banks.
Full Story offsite link

Update on Interest on Reserves

December 16, 2008

The Federal Reserve on Tuesday issued a technical note concerning the calculation of interest rates on required reserve balances and excess balances for reserve maintenance periods ending December 17.
Full Story offsite link

 
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