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Federal Reserve Bank
OF DALLAS
W ILLIA M

H. W ALLACE

DALLAS, TEXAS 75222

FIRST VIC E PR ES ID EN T
AND C H IE F O PER ATING O FFICER

March 31, 1989
Circular 89-23

TO:

The Chief Operations Officer of all
financial institutions in the
Eleventh Federal Reserve District
SUBJECT

Introduction of a fixed credit availability mixed return item letter
option in all Eleventh District Federal Reserve offices
DETAILS
Effective May 1, 1989, all offices of the Federal Reserve Bank of
Dallas will offer a fixed availability mixed return item letter option along
with the existing calculated availability option. All depositors of mixed
return letters will be given fixed availability as opposed to calculated
availability, unless they notify the Return Item division of the appropriate
Federal Reserve office. The fixed availability option should help
facilitate your funds management and reduce return item related reconcilement
problems.
Return items deposited at various deadlines in fixed availability
return item cash letters, will be credited according to the schedule outlined
on the reverse side of this circular.
Return item and return letter fees for fixed availability return
letters will coincide with the new prices for calculated mixed return items
and return letters, which take effect on May 1, 1989.
MORE INFORMATION
For further information concerning the fixed availability option,
please contact Robert L. Whitman (214) 698-4357 at the Dallas office, Robert
W. Schultz (915) 544-4730 at the El Paso office, Luke E. Richards (713)
652-1544 at the Houston office, or Herb Barbee (512) 224-2141 at the San
Antonio office .
Sincerely,

For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are
encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800)
527-9200 (interstate).

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

AVAILABILITY SCHEDULE
FOR
FIXED AVAILABILITY MIXED RETURN ITEM CASH LETTERS

QUALIFIED RETURNS:
Eleventh District Office

1 Day Availability

2 Day Availability

Dallas

12:01 a.m.
9:00 a.m.

2:00 p.m.
7:00 p.m.

El Paso

12:01 a.m.
9:15 a.m.

12:00 noon

Houston

12:01 a.m.
9:00 a.m.

12:00 noon
8:00 p.m.

San Antonio

12:01 a.m.
9:30 a.m.

12:00 noon
7:30 p.m.

UNQUALIFIED RETURNS:
Eleventh District Office

1 Day Availability

2 Day Availability

Dallas

none

8:00 p.m.

El Paso

none

8:00 p.m.

Houston

none

8:00 p.m.

San Antonio

none

8:00 p.m.

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