Fees for Priced Services, PSAF - Circulars - FEDERAL RESERVE BANK of NEW YORK

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Circular

Fees for Priced Services, PSAF

November 5, 2004

Circular No. 11658

To All Depository Institutions and Others Concerned in the Second Federal Reserve District:

In a press release, the Federal Reserve Board announced its approval of fee schedules for Federal Reserve Bank priced services, effective January 3, 2005. The fee schedules will be available on the Federal Reserve Banks’ financial services website at www.frbservices.org.

The Board also approved the 2005 private-sector adjustment factor (PSAF) for Reserve Bank priced services of $161 million. In addition, effective January 6, 2004, the Board approved changing the earnings credit rate on depository institutions' clearing balances at the Reserve Banks from 90 percent of the three-month Treasury bill rate to 80 percent of the three-month Treasury bill rate.

Press release
Board’s notice

Contact:
business.development@ny.frb.org

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