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Federal R eserve Bank
OF DALLAS
ROBERT

D. M c T E E R , J R .

PRESIDENT
AND CH IE F E X EC U TIV E O F F IC E R

August 7, 1996

DALLAS, TEXAS
75 265-5906

Notice 96-72

TO:

The Chief Executive Officer of each
m em ber bank and others concerned in
the Eleventh Federal Reserve District

SUBJECT
Results of First Financial Audit
of the Combined Financial Statements
of the Reserve Banks
DET4ILS
The Board of Governors of the Federal Reserve System has issued a report
by an independent accounting firm certifying the combined statem ent of condition of the
Federal Reserve Banks as of the end of 1995.
ATTACHMENT
A copy of the Board’s press release containing additional information is
printed on the reverse of this Bank’s notice.
MORE INFORMATION
For additional copies of this Bank’s notice, please contact the Public Affairs
D epartm ent at (214) 922-5254.
Sincerely yours,

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333 -4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston
Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

FEDERAL RESERVE press release
mm

For

July 2,

imme di at e relea se

The

Federal Reserve

independent accounting

Board today

1996

issued a report by an

firm ce rt i f y i n g the co mb i n e d

st a t e m e n t of

c o n d i t i o n of the Federal R es er ve Banks as of the end of 1995
t o g e t h e r with r e la te d s t at em en ts of

income and chang es

in

capital.
This was the
fi n an ci al

Th e c e r t i f i e d

firm,

financial

audit of the com bi ne d

issue of the Federal

Reser ve

first year that the Sys te m has

si mil ar to those pr ov ide d

O t h er aud its

Bulletin.

financial

i n d e p e n d e n t l y a u d i t e d co mb in ed Reser ve Bank financial
and fo o t n o t es

be

long been co n d u c t e d by

a u di to r and by the Board's

is the

& Lybrand.

footnotes will

of each Reser ve Bank have

each Bank 's general
This

in this case by Coopers

s t at em en ts and

in the A u g u s t
Audi ts

examiners.

financial

s t a t e m e n t s of the Reser ve Banks p e r f o r m e d by an

in d e p e n d e n t a c c o u n t i n g

published

first

issued
s t at em en ts

in the p r iv at e sector.

of the Board and R e s e r v e Banks are

c o n d u c t e d by the Gener al

A c c o u n t i n g Off ic e and the Board's

In s pe ct or General.
A copy of the
au d i t e r ' s re po r t

financial

st at e m e n t s

is av a i l a b l e upon request.
-

0

-

and

independent