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Are you reviewing your Statement of Service Charges each month?

As you begin planning for the upcoming year, be sure to add reviewing your Statement of Service Charges each month to your list. During your regular review, you should ensure accuracy and notify the Federal Reserve Banks as soon as possible if you believe there is an error.

As a reminder, the Statement of Service Charges details service charges for your financial institution based on services performed by the Federal Reserve Banks. The monthly Statement of Service Charges for the services rendered is produced on the third business day of the month and is available to customers on the fourth business day of the month.

For questions about your monthly Statement of Service Charges, contact Accounting Services at (800) 309-6156. If you are interested in adding additional Federal Reserve Bank Services, please contact your account executive.