FEDERAL RESERVE SYSTEM Modification of Procedures for the September 1999 Changes in Deposit Reporting Frequency AGENCY: Board of Governors of the Federal Reserve System. ACTION: Notice. SUMMARY: The Board is amending its procedures for shifting depository institutions among deposit reporting categories for September 1999. The adjustments to the usual category shift procedures are intended to help reduce the number and extent of modifications needed in the data processing systems of depository institutions close to the time of the century date change. The adjustments to the usual procedures are temporary; in September 2000, the normal category shift procedures will be employed. EFFECTIVE DATE: August 1, 1999. FOR FURTHER INFORMATION CONTACT: Gretchen Weinbach, Economist, Division of Monetary Affairs (202/452-2841). For the hearing impaired only, Telecommunications Device for the Deaf (TDD), Diane Jenkins (202/452-3544).

Summary and notice (18 KB PDF)

1999 Banking and consumer regulatory policy