FedCash® Services
Federal Reserve Banks announce changes to FedCash Services via the FedPhone access solution
Beginning June 15, 2008, the Federal Reserve Banks will no longer process enrollments for FedCash Services via the FedPhone access solution for NEW customers. New customers are defined as customers not currently subscribing to FedCash Services via FedPhone and de novo institutions.
If you currently use FedCash Services via FedPhone, you may continue to use the service as you do today. This includes the ability to request new Subscriber Personal Identification Numbers (PINs) and applications for new branches. Beginning this summer, all FedCash Services customers will receive conversion communications from the Federal Reserve, and will be transitioned from the FedPhone to the FedLine Web access solution.
FedACH Services access via FedPhone will not be affected and will continue to be available to all Subscribers and institutions. If you have any questions, please consult your local FedCash Services contact.
