Senior financial officers survey results

The Federal Reserve has released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey has been used on occasion by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between February 7, 2019, and February 21, 2019, and includes responses from banks that held roughly three quarters of total reserve balances at the time of the survey.