In the interest of finding and furthering opportunities to improve the speed of payments and reduce payments risk, the Federal Reserve Banks recently announced the expansion of our FedACH SameDay Service, effective April 1, 2013. By adding eligibility for credit payments and most Standard Entry Class (SEC) code transactions, the service matured into a full domestic service offering far greater opportunity for same day clearing of Automated Clearing House (ACH) transactions. Hear more from Enterprise Bank, which was one of the first financial institutions in its market area to sign up to participate in the expanded service.
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Account Services
The FedTransaction Analyzer® tool delivers for NorthSide Community Bank
To deliver services to its customers, NorthSide Community Bank uses many of the Fed’s service offerings, but one service in particular, the FedTransaction Analyzer tool, has allowed NorthSide’s staff to semi-automate the manual process of monitoring historical wire activity. Discover how, with very little staff effort, NorthSide Community Bank can capture the wire data it needs to support its compliance and risk management efforts.
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FedCash
® Services
Mark your calendars! The redesigned $100 note will begin circulating on October 8, 2013
On October 8, 2013, the redesigned $100 note will begin circulating. The Federal Reserve Board and its partners at the U.S. Secret Service and the Bureau of Engraving and Printing have developed training materials to help you and your staff prepare to accept the redesigned $100 note. Find out how you, or others at your organization, can sign up to receive periodic updates to help you get ready.
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Events and Education
Education building blocks stack up robust learning opportunities
Much like the spring season, the Fed’s Events and Education curriculum is consistently updated with fresh information to meet your needs. These updates serve two fundamental education purposes: to ensure you have the most current and accurate information possible regarding a service, and to offer you education opportunities that build upon one another to deliver critical information you can readily absorb and apply. Learn how you can freshen up your skills set.
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