Reserves Central provides resources and tools to help financial institutions manage balances maintained to satisfy reserve balance requirements and excess reserve balances. From Reserves Central, financial institutions can review their reserve balance requirements, and drill down into comprehensive reserves data. Financial institutions can also find comprehensive information on term deposits and excess balance accounts.
Recently, the Federal Reserve implemented changes to the policies, internal processes, and technologies that support the administration of reserve requirements. Enhancements were centered on two key areas:
Follow this link to the Reserves Administration Enhancements Resource Center to learn more. Please consult your Reserves Central District Contact with any questions.
Click the button below to access the Reserves Central—Reserve Account Administration application.
The Term Deposit Facility (TDF) is a program under which the Federal Reserve offers term deposits to institutions that are eligible to receive interest on the balances they maintain at the Reserve Banks. An eligible institution may place funds at its Reserve Bank in a term deposit for an agreed upon number of days and reduce the amount of reserves it holds.
Follow this link to the Term Deposit Facility Resource Center to learn more.
Click the button below to access the Term Deposit Facility application.
Excess balance accounts are limited-purpose accounts for maintaining the excess balances of institutions that are eligible to earn interest on balances at Federal Reserve Banks. The participating eligible institutions (‘participants’) authorize another institution (‘agent’) to manage the excess balance account on their behalf.
Follow this link to the Excess Balance Account Resource Center to learn more.
The Reserve Maintenance Manual provides information fundamental to understanding reserve calculations and account maintenance. The manual is updated each year to reflect the annual indexation of values used in the calculation of reserve requirements and any other changes affecting reserve calculation and maintenance.
The below maintenance period calendars illustrate the relationship between computation periods, reserve balance requirement calculation periods, and maintenance periods. Calendars are organized by the frequency with which an institution reports the FR 2900 (Report of Transaction Accounts, Other Deposits and Vault Cash), either weekly or quarterly.
Weekly: NEW FORMAT!
Quarterly: NEW FORMAT!
Follow this link to the Reserves Administration Enhancements Resource Center to learn more.
Please contact your Reserves Central District Contact with questions about reserves administration.
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