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F ederal

Ba n k

reserve

DALLAS. TE X A S

Dallas

of

75222

Circular No. 80-190
October 1, 1980

LEG A L
P A S S -T H R O U G H

TO

TH E

C H IE F

TH E

A G R EE M E N T

A C C O U N TS

E X E C U T IV E

D E P O S IT O R Y

ELEVENTH

FE D E R A L

In

o rd er

to

w h ic h

d e s ire

th ro u g h

O F F IC E R

IN S T IT U T IO N

(re s p o n d e n ts )
R e serve

A T

a c c o m m o d a te

th e re

in s titu tin g

a p a s s -th ro u g h a rr a n g e m e n t.
by

c o rre s p o n d e n t.
w ith

resp o n d en t

S in c e

th e

F ed e ra l

m a in ta in

re s e rv e

in s titu tio n s
F ed e ra l
H o w ever,
p ria te

b a la n c e s

w h ic h

such

In

do

Bank

re q u ire

a

re s e rv e

b a la n c e s
one

p a s s -th ro u g h
w h ic h

th e

of

w ith

of

th e

o f th e

c o rresp o n d e n t
is t o

in t r i p l i c a t e ,
D is tric t

th e

m ay

be

to

th e

be
to

F ed eral

re q u ire m e n ts

to
of

ru le s

D is tric t

c o n s o lid a te

th is

in

in

a

th e

o ffic e

T h e re fo re ,

re tu rn e d

to

th e

co rre s p o n d e n t

of

th e

th e

its

F ed eral

ap p ro ­

D
to
th e

lo c a te d

E le v e n th

R e s e rv e

o p tio n

in

H o w e v e r, th e

a ll p a s s -th ro u g h

p a s s -th ro u g h

th e

account

a re

F e d e ra l R e s e rv e D is tric t.

d e s ig n a te

w ith

a g re e m e n t.

R e g u la tio n

s in g le

o ffic e s

to

in te n tio n s .)

e x e rc is in g

m a in

e le c t

d e p o s ito ry

p ro v id e

d e fin e d
is

d ir e c tly

m ay

d ir e c tly

th e ir

and

d e s ig n a te d

a c c o u n ts

w ith

need

w hose

in itia te d
its

(N o n m e m b e r

n o tific a tio n

E le v e n th

m a in ta in e d .

th e

in s titu tio n s

b a s is .

in s titu tio n s

w ritte n

E le v e n th

in s titu tio n s

to

re s e rv e

th e m s e lv e s

re s p o n d e n ts

s h o u ld b e

w here

th e ir

d e p o s ito ry

p a s s -th ro u g h

th e

s h o u ld

fo rw a rd e d

keep

re s e rv e

co rres p o n d en t

a ll

te rrito ry

account

c o m p le te d
E le v e n th

th e m

m a in te n a n c e ,

p a s s -th ro u g h

agreem ent
and

c o n cern

d e p o s ito ry

s e rv in g

The

p a s s -th ro u g h

to

d e p o s ito ry

re s e rv e s

is e n c l o s e d a p a s s - t h r o u g h a g r e e m e n t f o r

m ust

m a in ta in

need

acco rd an ce

account

th a n

to

not

a

TH E

re q u ire d

nonm em ber

on

nonm em ber

R e s e rv e

re g a rd in g

m o re

d e s ire

R e s e rv e

banks

o n ly

IN

nonm em ber

in s titu tio n

m em ber

R e s e rv e ,

BANK

D IS T R IC T :

th o s e

e x e c u te d

RESERVE

OF

p a s s -th ro u g h

a c o rre s p o n d e n t,

th e

E S T A B L IS H IN G
FE D E R A L

ADDRESSED

RESERVE

to

FO R
TH E

D is tric t

in

a g re e m e n ts ,
o ffic e

account

is

in

th e

to

be

m a in ta in e d .

The
ag reem en t
c o m m in g le d
c o m m in g le d
c o m p le tio n
a p p ro p ria te

p a s s -th ro u g h

w h e th e r
w ith

th e

its

account
of

th is

F ed eral

own
fo r

fo rm

co rre s p o n d e n t

p a s s -th ro u g h
re s e rv e
a ll

of

w o u ld

R e serve

account

its
be

s h o u ld

account
or

fo r
is

to

re s p o n d e n ts .
a p p re c ia te d

o ffic e

no

la te r

in d ic a te

th e

p a s s -th ro u g h

re s p o n d e n ts

is

to

be

e s ta b lis h e d

as

a

Your

s in c e
th a n

on

its

it

e x p e d itio u s
m ust

O c to b e r

be
15,

becom e
s e p a ra te

h a n d lin g

re tu rn e d

to

and
th e

1980.

Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, pleas e use 651 plus the
extension referred to above.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

2

-

Any
be

e ffe c te d

n ear fu tu re .
changes
re s e rv e

in

It
th e

A n to n io

in

O ffic e ,

in

or

te rm in a tio n s

acco rd an ce

w ith

s h o u ld b e n o t e d

th a t

p a s s -th ro u g h

m a in te n a n c e

If
D a lla s

changes

o n ly

you

p e rio d s

have

(2 1 4 )

any

-

th e

ag reem en t
fo llo w in g

q u e s tio n s ,

6 5 1 -6 3 3 3 ,

or

of

B u lle tin

any

th e
4,

re v is e d
s h a ll

re c e ip t

p le a s e
o ffic e r

be
of

p a s s -th ro u g h

w h ic h

B u lle tin

to
4

e ffe c tiv e
th e

c o n ta c t
at

is

our

p u b lis h e d

w ill p ro v id e
a fte r

e x e c u te d

R ic h a rd
El

ag reem en t

be

Paso,

th re e

in

m ay
th e

th a t any
c o m p le te

le g a l a g re e m e n t.

D.

In g ra m

at

th e

H o u s to n ,

or

San

B ran ches.

S in c e re ly

y o u rs ,

R o b e rt

H.

B o y k in

F ir s t

E n c lo s u re

V ic e

P r e s id e n t

PASS-THROUGH AGREEMENT

TO :

FEDERAL RESERVE BANK OF DALLAS

(F e d e ra l)

[ ] Head Office
[ ] E l Paso Branch

[ ] Houston Branch
[ ] San Antonio Branch

The undersigned Respondent and Correspondent agree as follows:
1.

Respondent hereby selects Correspondent to pass through
Respondent's required reserves to Federal.

2.

Respondent shall maintain its reserves in an account at
Correspondent, and Correspondent shall pass through such
reserves to an account at Federal established pursuant to
t

]

S

2 0 4 . 3 ( i ) ( 3 ) ( i ) ( A )

[

]

§

2 0 4 . 3 ( i ) ( 3 ) ( i )

[ ] S

2 0 4 . 3 ( i ) (3 )

(B)
(iii)

o r
o r

of Regulation D.
3.

Regulation D (12 CFR Part 204) and Federal's Bulletin 4
as they now exist or are hereafter amended provide addi­
tional terms and conditions as to this agreement, and the
parties agree to comply therewith.

4.

This agreement may be terminated only in accordance with
Bulletin 4.

5.

Effective date to be supplied by Federal:

(Respondent)

(Correspondent)
Address

By

Address
By

Title
' Date

Title
~ Date

ACCEPTED AND AGREED TO:
FEDERAL RESERVE BANK OF DALLAS
By_______________________________
Title
_____________________________Date
(Note:
Prepare in triplicate. After execution by both Respondent
and Correspondent, forward all copies to Federal for acceptance.
Upon acceptance, Federal will supply an effective date and return
one copy each to Respondent and Correspondent.)


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102