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federa l Reserve Bank o f Dallas DALLAS, TE X A S 75222 C ircu la r N o. 8 2 -1 1 1 A u g u st 30, 1982 REGULATION D RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS Reminder of Change in Transitional Adjustment for Reserve Requirement Computations (Member Banks and Selected Former Member Banks) 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 reserves of any depository institution that was a member bank on September 1, 1980, or was a member bank on or after July 1, 1979, and withdrew from membership before March 31, 1980, or withdrew from membership on or 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 2, 1982 and continues through March 2, 1983. The percentage applied to compute the transitional adjustment will be 37.5 percent. This is down from the 50 percent transitional adjustment which applied to the reserve requrement computation on the Prestatem ent for the reserve maintenance periods occurring between March 4, 1982 through September 1, 1982. This change will be reflected in your reserve maintenance period September 2, 1982 through September 8, 1982. In addition, the change will be relected in the total reserve requirement as shown on the daily Statem ent of Reserve Position beginning on September 2, 1982. If you have any questions in this regard, please contact Allan Neale, (214) 651-6334 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 Department of Communications, Financial and Community Affairs, Extension 6289. Sincerely yours, William H. Wallace First Vice President Banks and others are encouraged to use the following incoming W A T S numbers in contacting 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. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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