What's New: 2011 Annual Adjustments for Reserve Calculations and Reporting

Monday, November 1, 2010 at 8:12AM
Banking Spectrum in Compliance, What's New

The Federal Reserve Board recently announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for 2011. These amounts are used in the calculation of reserve requirements of depository institutions. The Board also announced the annual indexing of the nonexempt deposit cutoff level and the reduced reporting limit that will be used to determine deposit reporting panels effective 2011.

See sub-chapter Reserve Requirements for updated information.

Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).