January 18, 2022

Federal Reserve Board releases results of survey of senior financial officers at banks about their strategies and practices for managing reserve balances

For release at 2:00 p.m. EST

The Federal Reserve Board on Tuesday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between November 5, 2021, and November 19, 2021, and includes responses from banks that held approximately three quarters of total banking system reserve balances at the time of the survey.

Information about the survey is available on the Board's website. The November 2021 survey is attached.

For media inquiries, e-mail media@frb.gov or call 202-452-2955.

Last Update: January 18, 2022