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l l★K Federal Reserve Bank of Dallas HELEN E. HOLCOMB DALLAS, TEXAS 75265-5906 FIRST VICE PRESIDENT AND CHIEF OPERATING OFFICER August 18, 1999 Notice 99-69 TO: The Chief Operating Officer of each financial institution in the Houston territory of the Eleventh Federal Reserve District SUBJECT Super High-Dollar Group Sort Product and Expansion of the High-Dollar Group Sort Culls DETAILS Effective September 17, 1999, the Houston Branch of the Federal Reserve Bank of Dallas will begin offering a new group sort, Super High-Dollar Group Sort (SHDGS). The SHDGS allows Houston Branch local depositors the option to clear large dollar items with improved availability. All Other Fed High-Dollar Group Sort endpoints will be included in the SHDGS with immediate availability. The SHDGS fee is $21.00 per cash letter and $0.25 per item, and the deposit deadline is 10 p.m., Monday through Thursday. Along with the SHDGS, the Houston Branch is pleased to announce expansion of the High-Dollar Group Sort (HDGS) Cull program. HDGS items for $1,500 and above will be culled from all Mixed and Other Fed cash letters. The fee for culling these items is $0.25 each. MORE INFORMATION If you have any question regarding this service or any other Federal Reserve Bank service, please call Shonda Clay at (713) 652-1580. For additional copies of this Bank’s notice, contact the Public Affairs Department at (214) 922-5254. Sincerely, 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.
