Service Charge Information

Service Charge Information (SCI), which is available via FedLine Web® and FedLine Advantage®, enables financial institutions to view their monthly Summary Statement of Service Charges (PDF) and “drill down” to view the details of these charges.

The application integrates detail and summary billing service charge information and is updated monthly after the close of business on the fifth business day of the month following the billing cycle. SCI offers a variety of inquiry services, reports, and download capabilities that provide a reliable source of information to assist you in reconciling your Federal Reserve billing service charges.

Discover how Service Charge Information can benefit your financial institution

  • Provides a complete picture of all your service charges as seen on your monthly billing statement, including your own activity, subaccount and/or respondent activity, charges passed to correspondents and earnings credits.
  • Includes comprehensive details about adjustment or reversal transactions processed to your account during the monthly billing cycle.
  • Allows you to view a snapshot of your earnings credits history for the past year as well as three cycles of billing data.
  • Learn more about the benefits by viewing the SCI product sheet (PDF) as well as Section IV of the Account Management Guide (PDF).

Review customer testimonials to learn what others say about the service

“The look and functionality are excellent. It has eliminated the handling of paper. Billing tasks that currently take three hours took 15 minutes with SCI.”

– James Burns, Mid-Atlantic Corporate FCU

click here to view more (PDF)

To start using this service, visit Account Services Setup or contact your account executive.

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