St. Louis Fed | Economic Research | FRED® | GeoFRED® | ALFRED® | CASSIDI® | FRASER® | Page One Economics | APIs | Fed System
ALFRED: Archival Federal Reserve Economic Data, Economic Data Time Travel from the St. Louis Fed
Categories | Sources | Releases | News | API | Published Data Lists | Help
 

Home > Releases > H.4.1 Factors Affecting Reserve Balances > Factors Absorbing Reserve Funds - Deposits with Federal Reserve Banks, Other than Reserve Balances - Service-Related - Required Clearing Balances (DISCONTINUED SERIES) (WLDSRRCBL)

Factors Absorbing Reserve Funds - Deposits with Federal Reserve Banks, Other than Reserve Balances - Service-Related - Required Clearing Balances (DISCONTINUED SERIES) (WLDSRRCBL)

Download Data | Add to My Data List | Current Series in FRED

Graph: Edit | Print | PDF | Save

Type: Line | Bar Size: Medium | Large | X-Large
Range: 1yr 5yrs Max Log Scale: Left
Units:  Levels | Chg. | Chg. from Yr. Ago | % Chg. | % Chg. from Yr. Ago | Comp. Annual Rate of Chg. | Cont. Comp. Rate of Chg. | Cont. Comp. Annual Rate of Chg.
Notes: Growth Rate Calculations | US recession dates
  Real-Time Period
Title Start     End     

Factors Absorbing Reserve Funds - Deposits with Federal Reserve Banks, Other than Reserve Balances - Service-Related - Required Clearing Balances 2011-07-07 2012-07-18
Factors Absorbing Reserve Funds - Deposits with Federal Reserve Banks, Other than Reserve Balances - Service-Related - Required Clearing Balances (DISCONTINUED SERIES) 2012-07-19 Current
 
Source    

Board of Governors of the Federal Reserve System 2011-07-07 Current
 
Release    

H.4.1 Factors Affecting Reserve Balances 2011-07-07 Current
 
Units    

Millions of Dollars 2011-07-07 Current
 
Frequency    

Weekly, As of Wednesday 2011-07-07 Current
 
Seasonal Adjustment    

Not Seasonally Adjusted 2011-07-07 Current
 
Notes    

A required clearing balance (also called a contractual clearing balance) is an amount agreed upon in advance that a depository institution holds in excess of the balance it must maintain to satisfy its reserve requirements, if any. Required clearing balances facilitate access to Federal Reserve priced services, such as check processing and use of Fedwire. Required clearing balances are especially useful for institutions that do not maintain accounts at the Reserve Bank for meeting reserve requirements, either because they keep reserves in the form of vault cash or because they maintain reserve balances at correspondent banks. Balances maintained to satisfy a required clearing balance generate earnings credits for the depository institution. The credits are used to pay for Reserve Bank priced services.

2011-07-07 2012-07-18
A required clearing balance (also called a contractual clearing balance) is an amount agreed upon in advance that a depository institution holds in excess of the balance it must maintain to satisfy its reserve requirements, if any. Required clearing balances facilitate access to Federal Reserve priced services, such as check processing and use of Fedwire. Required clearing balances are especially useful for institutions that do not maintain accounts at the Reserve Bank for meeting reserve requirements, either because they keep reserves in the form of vault cash or because they maintain reserve balances at correspondent banks. Balances maintained to satisfy a required clearing balance generate earnings credits for the depository institution. The credits are used to pay for Reserve Bank priced services.
** DISCONTINUED ** For more details, see http://www.federalreserve.gov/releases/h41/20120719/

2012-07-19 Current
 

Related Categories

Money, Banking, & Finance > Monetary Data > Factors Affecting Reserve Balances


Privacy Policy | Legal Notices, Information and Disclaimers | Contact Us | Help
© 2014 Federal Reserve Bank of St. Louis