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F ederal

reserve

Ba n k

DALLAS, TE X A S

of

D allas

75222

Circular No. 83-102
August 30, 1983
REGULATION D
RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS
(Reminder of Change in Transitional Adjustment
for Reserve Requirement Computations)
TO ALL MEMBER BANKS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
This is a reminder of the continuing phase-in of transitional
adjustments for computing Federal Reserve requirements as provided for under
the Monetary Control Act of 1980. The Act specifies a phase-in schedule for
the required reserves of any depository institution that was a member bank on
September 1, 1980, or withdrew from membership after March 31, 1980.
The next six-month interval of the transitional adjustment schedule
for member and former member depository institutions begins with the reserve
maintenance period September 1, 1983 and continues through February 29, 1984.
The percentage applied to compute the transitional adjustment will be
12.5 percent. This is down from the 25 percent transitional adjustment which
applied to the reserve maintenance periods occurring between March 3, 1983
through August 31, 1983.
This change will be reflected in your reserve
requirement computation on the Prestatem ent for the reserve maintenance
period September 1, 1983 through September 7, 1983. In addition, the change
will be reflected in the total reserve requirements as shown on the daily
Statement of Reserve Position beginning on September 1,
1983.
If you haveany questions in this regard, please contact Robert Feil,
(214) 651-6690 at the Head Office; Javier Jimenez, (915) 544-4730 at the El Paso
Branch; Rodney Franklin, (713) 659-4433 at the Houston Branch; or Pete
Castleberry, (512) 224-2141 at the San Antonio Branch.
Additional copies of this circular will be furnished upon request to
the Public Affairs Department, Extension 6289.
Sincerely yours,

William H. Wallace
First Vice President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
Banks and others are encouraged to use the follow ing incom ing WATS numbers in co n tacting this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the
extension referred to above.