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FED ER A L R E S E R V E B A N K O F D A L L A S
Station K, Dallas, Texas 7 5 2 2 2

Circular No. 84-86
August 2, 1984

TO:

The depository institution addressed in the Eleventh
Federal Reserve District

ATTENTION:

Reserve Account Manager

SUBJECT:

Reduction in the
reserves

SUMMARY:

This will serve as a reminder to all FR 2900 weekly
reporting institutions that
effective
with
the
maintenance period beginning Thursday, August 2, 1984,
the allowable carryover percentage
for
required
reserves will be reduced from 3 percent to 2.5 percent
under
the
extended
carryover
provision
of
contemporaneous
reserve
requirements.
Therefore,
weekly reporting depository institutions will
be
allowed to carry over to the next maintenance period
excess reserves or deficiencies up 2.5 percent of
required reserves, or $25,000, whichever is larger.

MORE INFORMATION:

Robert
Feil,
(214)
651-6690
(214) 651-6132 at the Head Office

ADDITIONAL COPIES:

Public Affairs Department, Extension 6289

carryover

percentage

or

for

required

Evelyn

Thomas,

Banks and others are encouraged to use the follow ing incoming W A T S numbers in contacting this Bank: 1-800-442-7140
(in trastate) and 1-800-527-9200 (interstate). For c alls placed locally, please 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)