Full text of Federal Reserve Bank of New York Circulars : 6125. Treasury Tax and Loan Depositaries

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FED ER AL RESERVE BANK
O F NEW YORK
Fiscal A gen t of the United States

I" Circular No. 6 1 2 5 1
U February 2 1 , 1968 J

TREASURY T A X AND LOAN DEPOSITARIES

Groups A , B, and C Reclassified As of February 27, 1968

To All Treasury Tax and Loan Depositaries
in the Second Federal Reserve District:

The Treasury Department has authorized and requested this Bank to reclassify
the Treasury Tax and Loan Depositaries in this District into Groups A, B, and C
as of February 27, 1968, upon the basis of the total deposits credited to tax and
loan accounts during the period August 1 through October 31, 1967, exclusive of
payments for subscriptions to Government securities. Accordingly, depositaries that
made a total of such deposits in this period in the amounts indicated below will be
grouped as follows:
Group A — Less than $1,000,000
Group B — $1,000,000 or more, but less than $45,000,000
Group C — $45,000,000 or more
The new groupings will be continued until further notice, notwithstanding any sub­
sequent increase or decrease in tax and loan deposit levels of any depositary.
Any depositary whose group classification will change on February 27, 1968,
will be so notified in a letter accompanying this circular.




A

lfred

H

ayes,

President.