Communications

The Federal Reserve Banks communicate frequently with customers regarding new services and operational changes; below you can find letters to customers by product and by district.

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Accounting Services

List of Accounting Services communications
Date Communication Title
Jul. 16, 2021 Effective August 16: Amendments to Operating Circular 1
Jun. 29, 2021 Effective July 6: Capital Stock support to transition to the National Accounting and Customer Support area
May 4, 2021 Proposed Changes to Regulation I: Member Bank Capital Stock
Mar. 15, 2021 Effective April 1: Capital Stock support to transition to the National Accounting and Customer Support area
Nov. 19, 2020 Account Management Information and Member Bank Capital Stock Report changes
Jul. 31, 2020 August 8: Additional AMI and DOR application changes
Jun. 16, 2020 July 11: Account Management Information and Daylight Overdraft Reports application changes
Jan. 22, 2020 Account Management Information and Daylight Overdraft Reports application changes

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COVID-19

List of COVID-19 communications
Date Communication Title
Jul. 14, 2021 Reminder: The Paycheck Protection Program Liquidity Facility (PPPLF) will terminate on July 30th, 2021
Jun. 29, 2021 Federal Reserve Banks share information about advance Child Tax Credit payments
Jun. 29, 2021 Update: Federal Reserve Board announces it will extend for a final time its Paycheck Protection Program Liquidity Facility (PPPLF) by an additional month to July 30, 2021
Mar. 11, 2021 Federal Reserve Banks share information in advance of third round of Economic Impact Payments
Mar. 8, 2021 Update: Federal Reserve Board extends its Paycheck Protection Program Liquidity Facility to June 30, 2021
Jan. 14, 2021 Updated: New Letter of Agreement (LOA) required to receive new advances from the Paycheck Protection Program Liquidity Facility (PPPLF)
Jan. 5, 2021 Federal Reserve Banks share link to Treasury’s Bureau of the Fiscal Service’s EIP Operational FAQs for Financial Institutions
Jan. 4, 2021 Federal Reserve Banks share the Internal Revenue Service’s communication regarding Economic Impact Payments
Dec. 22, 2020 Federal Reserve Banks share information in advance of next round of Economic Impact Payments
Dec. 1, 2020 Fed provides details on Main Street Lending Program’s year-end termination
Nov. 24, 2020 Treasury Check Verification System (TCVS) Replaces Treasury Check Verification Application (TCVA)
Nov. 12, 2020 2020 Annual Currency Quality Sample cancelled
Nov. 9, 2020 Instructional Video Now Available: Reporting and Repayment Obligations for Paycheck Protection Program Liquidity Facility (PPPLF) Participants that Have Received Loan Forgiveness Payments from the Small Business Administration (SBA)
Nov. 2, 2020 Fed adjusts terms of Main Street Lending Program
Oct. 29, 2020 Reminder of Reporting and Repayment Obligations for Paycheck Protection Program Liquidity Facility (PPPLF) Participants that Have Received Loan Forgiveness Payments from the Small Business Administration (SBA)
Sep. 21, 2020 Main Street Lending Program clarifies Fed and Treasury expectations regarding lender underwriting; also implements multi-borrower loan functionality
Sep. 16, 2020 Now available: Updated documentation on reporting requirements for paydowns of PPP loans pledged to the Paycheck Protection Program Liquidity Facility (PPPLF)
Sep. 8, 2020 Fed’s Main Street Lending Program is now fully operational for loans to nonprofit organizations
Sep. 1, 2020 Treasury Check Verification Application (TCVA) Replacement
Jul. 27, 2020 Federal Reserve publishes frequently asked questions for nonprofit lending in the Main Street Lending Program
Jul. 27, 2020 Notice to financial institutions: Lifting of temporary suspension of debits due to lack of response to an ACH Reclamation notice
Jul. 21, 2020 Important information about your access to the Reporting Central application via the FedLine Web® Solution
Jul. 17, 2020 Federal Reserve Governor Lael Brainard’s Message on Nonprofits and the Main Street Lending Program
Jul. 7, 2020 NOTICE: Cancellation of Certain Outstanding Economic Impact Payment Checks
Jul. 6, 2020 Boston Fed announces Main Street Lending Program is Fully Operational and Open for Purchases of 95% Participations in Main Street Program Loans
Jun. 15, 2020 The impact of temporary action to increase the availability of intraday credit on the Real-time Monitor
Jun. 15, 2020 Federal Reserve Governor Lael Brainard’s Message on the Opening of Registration for the Main Street Lending Program
Jun. 9, 2020 Federal Reserve Expands Its Main Street Lending Program – Updated Information for Lenders
Jun. 3, 2020 Main Street Lending Program – Information for Lenders
May 21, 2020 NOTICE: Processing Economic Impact Payment Checks to Representative Payees
May 7, 2020 Important information about your access to the Reporting Central application via the FedLine Web® Solution
May 1, 2020 UPDATED: Treasury Checks for Economic Impact Payments and Treasury Check Verification Application
May 1, 2020 Announcing COVID-19 Federal Reserve Financial Services Customer Assistance Package
Apr. 9, 2020 Federal Reserve takes additional action to support the economy, including through the Paycheck Protection Program Liquidity Facility (PPPLF) (Off-site)
Apr. 9, 2020 Resuming UCAP Fee Calculation
Apr. 7, 2020 Effective April 27, 2020: Federal Reserve Cash order deadline changing to 12:00 p.m. local time – POSTPONED
Apr. 2, 2020 Older-Design $100 Notes in your Federal Reserve currency order
Apr. 2, 2020 Temporary suspension of debits due to lack of response to an ACH Reclamation notice after 60 days
Mar. 25, 2020 Board announces implementation delay from April 1, 2020 to October 1, 2020 for changes to Payment System Risk Policy
Mar. 24, 2020 Monitoring COVID-19 Outbreak Impact on Service Levels
Mar. 20, 2020 Currency Education Program: Counterfeit Reporting Issues
Mar. 15, 2020 Federal Reserve actions to support the flow of credit to households and businesses (Off-site)
Mar. 13, 2020 2020 Annual quality sample postponed until further notice

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FedCash® Services

If you don't find the communication you are looking for, browse by district for more specific district customer communications.
List of FedCash Services communications
Date Communication Title
Sep. 2, 2021 2021 Holiday Currency Ordering Periods Suspended
Apr. 28, 2021 2021 Strategic Allocation of Federal Reserve Coin Inventories
Jan. 13, 2021 Coin Allocation Removed Effective January 15, 2021
Nov. 12, 2020 2020 Annual Currency Quality Sample cancelled
Oct. 1, 2020 Adjustments applied to your institution’s cross-shipping fees
Oct. 1, 2020 Reminder: 2020 Holiday Currency Ordering Periods Suspended
Sep. 10, 2020 U.S. Coin Task Force Adds New Resources to #getcoinmoving
Sep. 1, 2020 Effective October 5, 2020: Federal Reserve Cash order deadline changing to 12:00 p.m. local time
Aug. 26, 2020 2020 Holiday Currency Ordering Periods Suspended
Aug. 3, 2020 U.S. Coin Task Force Announces Recommendations
Jul. 31, 2020 U.S. Coin Task Force Initial Report and Recommendations
Jul. 24, 2020 Statement from the U.S. Coin Task Force on the Coin Circulation Issue
Jul. 10, 2020 U.S. Coin Task Force Members Confirmed
Jul. 3, 2020 Coin Allocation: Updates to FedCash Services via FedLine Web Access Solution
Jun. 30, 2020 Federal Reserve Convenes U.S. Coin Task Force with Industry Partners
Jun. 11, 2020 Strategic Allocation of Coin Inventories
Jun. 8, 2020 Important notice for financial institutions and armored carriers in the Federal Reserve Bank of St. Louis and its Memphis Branch
May 28, 2020 Cross-shipping and UCAP fee waivers issued for the weeks of June 1 and June 8
May 7, 2020 Federal Reserve Bank of Cleveland and its Branch in Cincinnati implement mandatory armored carrier wellness checks
May 4, 2020 Federal Reserve Cash Depot in Louisville, KY implements mandatory armored carrier wellness checks
May 1, 2020 Expanded Armored Carrier Wellness Questions - 6th District
Apr. 30, 2020 Expanded Armored Carrier Wellness Questions - 12th District
Apr. 27, 2020 Federal Reserve Cash Depot in Little Rock, AR implements mandatory armored carrier wellness checks
Apr. 27, 2020 Federal Reserve Cash Depot in Oklahoma City, OK implements mandatory armored carrier wellness checks
Apr. 24, 2020 Federal Reserve Cash Depot in Birmingham, AL implements mandatory armored carrier wellness checks
Apr. 24, 2020 Federal Reserve Cash Depot in Nashville, TN implements mandatory armored carrier wellness checks
Apr. 22, 2020 Federal Reserve Cash Depot in Buffalo, NY implements mandatory armored carrier wellness checks
Apr. 22, 2020 Federal Reserve Cash Depot in Pittsburgh, PA implements mandatory armored carrier wellness checks
Apr. 21, 2020 Federal Reserve Cash Depot in Portland, OR implements mandatory armored carrier wellness checks
Apr. 21, 2020 Federal Reserve Cash Depot in San Antonio, TX implements mandatory armored carrier wellness checks
Apr. 16, 2020 Federal Reserve Bank of Minneapolis and its Branch in Helena implement mandatory armored carrier wellness checks Effective April 27
Apr. 14, 2020 Federal Reserve Bank of Philadelphia’s mandatory armored carrier wellness checks
Apr. 13, 2020 Federal Reserve Bank of Dallas and its Branches in Houston and El Paso implement mandatory armored carrier wellness checks
Apr. 9, 2020 Federal Reserve Bank of Atlanta and its branches in New Orleans, Jacksonville, and Miami implement mandatory armored carrier wellness checks
Apr. 9, 2020 Resuming UCAP Fee Calculation
Apr. 8, 2020 Federal Reserve Bank of Kansas City and its Denver Branch implement mandatory armored carrier wellness checks
Apr. 7, 2020 Effective April 27, 2020: Federal Reserve Cash order deadline changing to 12:00 p.m. local time – POSTPONED
Apr. 6, 2020 Federal Reserve Bank of St. Louis and its Memphis Branch implement mandatory armored carrier wellness checks
Apr. 3, 2020 Older-Design $100 Notes in your Federal Reserve currency order
Apr. 3, 2020 Federal Reserve Bank of Richmond and its Baltimore and Charlotte Branches implement mandatory armored carrier wellness checks
Apr. 1, 2020 Mandatory Armored Carrier Wellness Checks at Federal Reserve Offices
Mar. 24, 2020 Monitoring COVID-19 Outbreak Impact on Service Levels
Mar. 20, 2020 Currency Education Program: Counterfeit Reporting Issues
Mar. 13, 2020 2020 Annual quality sample postponed until further notice
Feb. 3, 2020 Effective April 27, 2020: Federal Reserve cash order deadline changing to 12:00 p.m. local time

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FedComplete® Packages

List of FedComplete Packages communications
Date Communication Title
NA NA

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FedNowSM Service

List of FedNow Service communications
Date Communication Title
May 6, 2020 Join the FedNowSM Community to participate in the development of the FedNow Service

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Fedwire® Services

List of Fedwire Services communications
Date Communication Title
Apr. 28, 2021 Fedwire Funds Service November 2022 Changes
Apr. 22, 2021 Smart-sequencing functionality for Fedwire Securities Service effective May 10
Feb. 11, 2021 Fedwire Securities Service to Close Concurrently with the Fedwire Funds Service Effective March 8, 2021
Feb. 5, 2021 Expansion of operating hours and associated changes for the Fedwire Funds Service and National Settlement Service Effective March 8, 2021
Jan. 28, 2021 Fedwire Funds Service – ISO® 20022 Migration Update No message format changes are planned through 2021
Jan. 21, 2021 Introducing smart-sequencing functionality for Fedwire Securities Service transfer messages sent during the pre-open window by participants using the FedLine Direct® Solution
Dec. 14, 2020 Fedwire Securities Service shift opening time for Book-Entry Securities Transfers
Oct. 21, 2020 Automated Claim Adjustment Process (ACAP) Enhancement Project Delayed until at least 2022
May 27, 2020 Fedwire Funds Service ISO 20022 Migration Update - No message format changes are planned through 2021
May 20, 2020 Update on the Enhanced Automated Claim Adjustment Process (ACAP) Project

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Treasury Services

List of Treasury Services communications
Date Communication Title
June 7, 2021 Bureau of the Fiscal Service Seeks Financial Agent Proposals for Centralized Receivables Service
June 1, 2021 Treasury increases efforts to enhance financial institution partnerships
May 20, 2021 Treasury Check Verification System Updates: Check Date, reCAPTCHA Verification and Application Programming Interface for Bulk Queries
Apr. 9, 2021 Bureau of the Fiscal Service Seeks Financial Agent Proposals to Support the U.S. Debit Card and Digital Pay Program
Apr. 1, 2021 Your obligation to respond within three business days to claims of ACH non-receipt
Apr. 22, 2020 Early Savings Bond Redemptions Authorized for Areas of Oregon Affected by Severe Storms, Flooding, Landslides, and Mudslides
Apr. 2, 2020 Temporary suspension of debits due to lack of response to an ACH Reclamation notice after 60 days
Mar. 11, 2020 Early Savings Bond Redemptions Authorized for Areas of Tennessee Affected by Severe Storms, Tornadoes, Straight-line Winds, and Flooding
Mar. 9, 2020 Are you benefitting from the new Savings Bond Valuation and Verification Tool?
Jan. 30, 2020 Early Savings Bond Redemptions Authorized for Areas of Puerto Rico Affected by Earthquakes
Jan. 13, 2020 It’s here! The new Savings Bond Valuation and Verification Tool

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Federal Reserve Bank of Boston

List of Federal Reserve Bank of Boston communications
Date Communication Title
NA NA

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Federal Reserve Bank of Chicago

List of Federal Reserve Bank of Chicago communications
Date Communication Title
NA NA

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Federal Reserve Bank of Kansas City

List of Federal Reserve Bank of Kansas City communications
Date Communication Title
Apr. 8, 2020 Federal Reserve Bank of Kansas City and its Denver Branch implement mandatory armored carrier wellness checks

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Federal Reserve Bank of Minneapolis

List of Federal Reserve Bank of Minneapolis communications
Date Communication Title
Apr. 16, 2020 Federal Reserve Bank of Minneapolis and its Branch in Helena implement mandatory armored carrier wellness checks Effective April 27

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Federal Reserve Bank of New York

List of Federal Reserve Bank of New York communications
Date Communication Title
NA NA

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Federal Reserve Bank of Philadelphia

List of Federal Reserve Bank of Philadelphia communications
Date Communication Title
Apr. 14, 2020 Federal Reserve Bank of Philadelphia’s mandatory armored carrier wellness checks

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Federal Reserve Bank of Richmond

List of Federal Reserve Bank of Richmond communications
Date Communication Title
Apr. 3, 2020 Federal Reserve Bank of Richmond and its Baltimore and Charlotte Branches implement mandatory armored carrier wellness checks

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Federal Reserve Bank of San Francisco

List of Federal Reserve Bank of San Francisco communications
Date Communication Title
Apr. 30, 2020 Expanded Armored Carrier Wellness Questions - 12th District
Apr. 21, 2020 Federal Reserve Cash Depot in Portland, OR implements mandatory armored carrier wellness checks
Apr. 1, 2020 Mandatory Armored Carrier Wellness Checks at Federal Reserve Offices

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