Any institution eligible to receive interest on balances maintained at the Federal Reserve Banks can participate in the Term Deposit Facility upon the approval of its Reserve Bank. Follow the setup steps below to become a Term Deposit Facility participant. Please note the typical time from submission of the necessary forms and agreement to being ready to participate is between 7 and 10 business days.
The Reserve Bank will notify the EUAC and Subscriber(s) once the credentials have been processed. The Subscriber(s) will then access the Term Deposit Facility application using the Term Deposit Facility Secure Logon button on the Term Deposit Facility Resource Center.
Term Deposit Facility operation announcements will be posted on the Term Deposit Facility Resource Center.
For assistance or questions, please contact the Federal Reserve’s Customer Contact Center.
Address comments and questions to the Financial Services Webmaster.
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