The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Borrower-in-Custody (BIC) of collateral arrangements may be used when physically transferring the collateral to a Federal Reserve Bank would be impractical because of the high volume of assets involved.
To qualify for a BIC arrangement, institutions must be in sound financial condition, maintain appropriate document-storage facilities and have an acceptable automated record/reporting system.
Handwritten submissions for certification and pledge forms will not be accepted. Please contact the Discount Window hotline at 866-226-5619 if you require a Word version of any form.