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F ederal R e se r v e B ank
O F DALLAS
W IL L IA M

H . W ALLACE

f i r s t v ic e p r e s id e n t
AND CH IE F O PER ATING O FFIC ER

D6C6IT]ber

DALLAS, TEXAS 75222

1 , 1987

Circular 87-86

TO: The Chief Operations Officer of
all financial institutions in the
Eleventh Federal Reserve District
SUBJECT
Deposit deadline extensions for three Dallas te r r ito r y check services
DETAILS

Effective January 1, 1988, the Federal Reserve Bank of Dallas will
extend deposit deadlines for its unsorted country, other Fed and noon mixed
cash letter services. The unsorted country deadline will be extended from
1:30 p.m. Monday through Friday to 5:00 p.m. Sunday and 8:00 p.m. Monday
through Thursday. The other Fed and noon mixed deadline will be extended from
noon to 2:00 p.m. Availability, item prices and cash letter fees will remain
unchanged for the three cash letter services.
By extending our deposit deadlines for these three services, we
expect to make them accessible to a larger number of financial institutions
while offering additional processing time for existing depositors.
MORE INFORMATION
For further information concerning these changes, please call Robert
L. Whitman at (214) 698-4357 or James E. Phillips at (214) 651-6168.
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) 4 4 2 -/1 4 0 (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)