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Federal Reserve Bank OF DALLAS W IL L IA M H. WALLACE FIRST V IC E p r e s i d e n t August 31, 1990 DALLAS, TEXAS 7 5 2 2 2 AND C H IE F O P E R A TIN G O FFIC E R Circular 90-67 TO: The Chief Operating Officer of each financial institution in the Eleventh Federal Reserve District SUBJECT Elimination of Country Group Sort Check Deposit Option in Dallas DETAILS Beginning October 1, 1990, the Dallas Office of the Federal Reserve Bank of Dallas will no longer accept country group sort cash letters from financial institutions. All items deposited in country group sort cash letters on or after October 1 will be processed and priced (2.6 cents per item) as unsorted country cash letter items. The deposit deadline (5:00 p.m. Sunday and 8:00 p.m. Monday through Thursday) and cash letter fee ($1.00 for intradistrict depositors and $2.50 for interdistrict depositors) for unsorted country cash letters are currently the same as those for country group sort cash letters and will not change. MORE INFORMATION If you have any questions concerning this change, please contact Bob Whitman at (214) 698-4357 or Tom Holloway at (214) 651-6123. For additional copies of this circular, please contact the Public Affairs Department at (214) 651-6289. Sincerely yours, For additional copies of any circular, please contact the Public Affairs Department at (214) 651-6289. Bankers and others are encouraged to use the following toll-free number in contacting the Federal Reserve Bank of Dallas: (800) 333-4460. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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