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FEDERAL RESERVE BANK OF DALLAS F IS C A L A G E N T O F T H E U N IT E D S T A T E S D A L L A S ,T E X A S 7 5 2 2 2 Circular No. 7^-78 March 21, 197^ RECLASSIFICATION OF TREASURY TAX AND LOAN DEPOSITARIES To All Treasury Tax and Loan Depositary Banks in the Eleventh Federal Reserve District: By direction from the Treasury Department, Treasury Tax and Loan depositaries are to be reclassified into three groups as of the close of business March 27, 197*+. The reclassification is being made on the basis of the total of each bank*s deposits in the tax and loan account, as shown on the records of this Bank, during the period January 1 through December 31? 1973. The three groups are as follows: Group A - All depositaries which had total deposits of less than $7>500,000 during the period. Group B - (l) All depositaries which had total deposits between $7,500,000 and $80,000,000 during the period, and (2) depositaries which had $80,000,000 or more in deposits but whose total deposit liability (both demand and time) was less than $100,000,000 at December 31 5 1973. Group C - All depositaries which had $80,000,000 or more in deposits and whose total deposit liability (both de mand and time) exceeded $100,000,000 at December 31, 1973. (The total deposit figures for Group C banks do not include redeposits.) The group designations will prevail from March 27, 197^, until further notice, regardless of any subsequent increase or decrease in tax and loan deposit levels of any depositary. Banks whose designations are changed will be notified by letter. Yours very truly, P. E. Coldwell President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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