The Ops Stop provides your organization with a one-stop shop full of helpful operational resources offered by the Federal Reserve Banks. This month, we are featuring the Service Fees page, which provides detailed information on the pricing for Federal Reserve Financial Services.
In early February, your institution should receive its first invoice of 2022 for Federal Reserve Financial Services. As announced in December 2021, our customers will see largely similar pricing to previous years, except 2021 where fees other than the Check Services Participation Fee remained flat. Pricing for the following services remains unchanged in 2022:
- Accounting Services
- FedCash® Services
- FedComplete® Packages
- National Settlement Service
Services with pricing changes in 2022 are:
- Check Services
- FedACH® Services
- FedLine® Solutions
- Fedwire® Funds Services
- Fedwire Securities Service
The impact of these changes on your institution will depend on your product mix and volume. Details on specific changes and information you need to price your services or reconcile your bill can be found on the Service Fees page. This page includes links to both 2021 and 2022 fee schedules for all our services.
If you have questions about product and fee changes or how they may affect your institution, please contact your account executive. For questions related to your bill, please look up your Accounting Services contacts by entering your ABA in the “Find Your Contacts” field on the Contact page.