Financial institutions going through a merger or operations consolidation can streamline the process by following the steps outlined below. Contacts are identified to help you with questions. If you need additional information or advice, consult your merger coordinator.
If your institution is entering into a merger, please contact your Federal Reserve Bank merger coordinator. Following are some questions that you may be asked by the merger coordinator:
Although you may already be using one of our FedLine® or FedMail® Solutions, your organizational change may alter your access needs. It may be necessary to provide access to additional staff in your organization, change the roles of existing Subscribers or switch to a different access solution. Review your access needs in light of your change, and as part of your review, a fresh look at contingency plans is always a good idea.
During the merger process, your Federal Reserve Bank contact will help you complete all pertinent merger documentation, some of which must be signed by an authorized signer on the surviving institution's Official Authorization List on file with the Federal Reserve Banks.
Complete the Service Setup steps and forms for the access solutions changes you would like to make:
Questions? Contact your Customer Contact Center.
On the day the merger is effective, you can begin processing based on the changes you designated.
Contact your merger coordinator if you have any questions.