United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2009_register executive 2009-05-29 article Rules and Regulations D09002ee1c8068a23 D09002ee1c8068b23 United States Federal Reserve System originator org United States Government Agency or Subagency The Board is adopting, with certain revisions, its interim final rule that amended Regulation D (Reserve Requirements of Depository Institutions) to direct Federal Reserve Banks to pay interest on certain balances held at Federal Reserve Banks by or on behalf of certain depository institutions. The Board is also amending Regulation D to authorize the establishment of limited-purpose accounts, called "excess balance accounts," at Federal Reserve Banks for the maintenance of excess balances of eligible institutions. These excess balance accounts are intended to permit eligible institutions to earn interest on their excess balances without significantly disrupting established business relationships with their correspondents. 74 FR 25620 https://www.govinfo.gov/app/details/FR-2009-05-29/E9-12432 E9-12432 FR29MY09-4 6210-01-P Regulation D Docket Nos. R-1334 and R-1350 https://www.govinfo.gov/app/details/FR-2009-05-29/E9-12432 https://www.govinfo.gov/content/pkg/FR-2009-05-29/html/E9-12432.htm https://www.govinfo.gov/content/pkg/FR-2009-05-29/pdf/E9-12432.pdf Banks Banking Reporting and Recordkeeping Requirements 10 p. 25620 25629 74 FR 25620 Title 12 Part 204 12 CFR Part 204 Reserve Requirements for Depository Institutions; Federal Register Vol. 74, Issue RULE E9-12432 FEDERAL RESERVE SYSTEM 2009-07-02 Regulation D Docket Nos. R-1334 and R-1350 6210-01-P E9-12432 Final rule.

The Board is adopting, with certain revisions, its interim final rule that amended Regulation D (Reserve Requirements of Depository Institutions) to direct Federal Reserve Banks to pay interest on certain balances held at Federal Reserve Banks by or on behalf of certain depository institutions. The Board is also amending Regulation D to authorize the establishment of limited-purpose accounts, called "excess balance accounts," at Federal Reserve Banks for the maintenance of excess balances of eligible institutions. These excess balance accounts are intended to permit eligible institutions to earn interest on their excess balances without significantly disrupting established business relationships with their correspondents.

This final rule is effective July 2, 2009. Sophia H. Allison, Senior Counsel (202/452-3565), or Dena L. Milligan, Attorney (202/452-3900), Legal Division, or Seth Carpenter, Deputy Associate Director (202/452-2385), or Margaret Gillis DeBoer, Section Chief (202/452-3139), Division of Monetary Affairs; for information with respect to the clearing balance policy and float calculations, contact Jonathan Mueller, Senior Financial Analyst (202/530-6291), Division of Reserve Bank Operations and Payment Systems; for users of Telecommunications Device for the Deaf (TDD) only, contact 202/263-4869; Board of Governors of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 20551. Banks Banking Reporting and Recordkeeping Requirements Reserve Requirements for Depository Institutions , http://www.federalreserve.gov/reportforms/forms/FR_2900cb20071001_i.pdf http://www.frbservices.org/files/regulations/pdf/rmm.pdf Vol. 74, no. 102 Office of the Federal Register, National Archives and Records Administration 2009-05-29 continuing daily deposited born digital 472 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2009-05-29 P0b002ee180023bc9 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:FR29MY09 https://www.govinfo.gov/app/details/FR-2009-05-29 https://www.govinfo.gov/content/pkg/FR-2009-05-29/pdf/FR-2009-05-29.pdf https://www.govinfo.gov/content/pkg/FR-2009-05-29/xml/FR-2009-05-29.xml fdlp 25613 26075 DGPO 2009-05-29 2024-06-04 FR-2009-05-29 machine generated eng FR FR-2009-05-29 74 102