Central Bank: Article Archives
FedFocus is your source for the latest Federal Reserve Financial Services news. Each issue keeps you informed about hot topics in the industry, as well as provides insight into the value of Federal Reserve Financial Services.
Federal Reserve Banks authorized to offer term deposits
June 2010
The Board of Governors has amended Reg D to authorize Reserve Banks to offer term deposits. The amendments will take effect June 4, 2010. The Board has authorized up to five small-value offerings of term deposits under the Term Deposit Facility to be conducted in coming months. Learn more about the Term Deposit Facility, which institutions are eligible and how to participate.
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