Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Fed updates rates in Regs A and D
The Federal Reserve Board has published in this morning's Federal Register final rules reducing the interest rate for primary credit at each of the Federal Reserve Banks and the rate of interest paid by those banks for reserve and excess reserve balances.
- Effective March 10, but applicable beginning March 4, 2020, Regulation A is amended [85 FR 13723] to reflect an interest rate of 1.75 percent for primary credit (and, by formula, an interest rate of 2.25 percent for secondary credit).
- Also effective March 10, and applicable beginning March 4, 2020, Regulation D is amended [85 FR 13724] to reflect an interest rate of 1.10 percent paid on required and excess reserve balances.
These changes will be posted to BankersOnline's Regulation A and Regulation D pages shortly.