InfoSight Spotlight: Fed adjusts interest rates in Regulations A and D

The Federal Reserve Board published in the recent Federal Register amendments to Regulations A and D. The Regulation A amendment changes the interest rates in § 201.51(a) for primary credit and in § 201.51(b) for secondary credit provided to depository institutions by the Federal Reserve Banks to 2.25 percent and 2.75 percent, respectively, effective today, and applicable to […]

The Federal Reserve Board published in the recent Federal Register amendments to Regulations A and D. The Regulation A amendment changes the interest rates in § 201.51(a) for primary credit and in § 201.51(b) for secondary credit provided to depository institutions by the Federal Reserve Banks to 2.25 percent and 2.75 percent, respectively, effective today, and applicable to credit extended beginning March 22.

The Regulation D amendment increases the interest rates in § 204.10(b)(5) paid by the Federal Reserve Banks on required and excess reserves to 1.75 percent effective today and applicable to reserve balances beginning March 22.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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