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7/25/24, 11:17 AM

FRB: Press release--Restructuring of Federal Reserve check processing operations in the Fourth, Seventh, and Eleventh Districts …

Release Date: February 17, 2005

For immediate release
The Federal Reserve Board has announced amendments to Appendix A of Regulation CC
that reflect the restructuring of the Federal Reserve's check processing operations in the
Fourth, Seventh, and Eleventh Districts. These amendments are part of a series of
amendments to Appendix A that will take place through the first quarter of 2006, associated
with the previously-announced restructuring of the Reserve Banks' check processing
operations.
Appendix A provides a routing number guide that helps depository institutions determine the
maximum permissible hold periods for most deposited checks. As of April 16, 2005, the
Detroit branch office of the Federal Reserve Bank of Chicago no longer will process checks,
and banks currently served by that office will be reassigned to the head office of the Federal
Reserve Bank of Cleveland. As of April 23, 2005, the Houston branch office of the Federal
Reserve Bank of Dallas no longer will process checks, and banks currently served by that
office will be reassigned to that Reserve Bank's head office. To ensure that the information
in Appendix A accurately describes the structure of check processing operations within the
Federal Reserve System, the final rule (1) deletes the reference in Appendix A to the
Chicago Reserve Bank's Detroit branch office and reassigns the routing numbers listed
thereunder to the Cleveland Reserve Bank's head office, and (2) deletes the reference in
Appendix A to the Dallas Reserve Bank's Houston branch office and reassigns the routing
numbers listed thereunder to that Reserve Bank's head office. To coincide with the effective
date of the underlying check processing changes, the amendments are effective April 16 and
April 23, 2005, respectively. As a result of these changes, some checks deposited in the
affected regions that currently are nonlocal checks will become local checks that are subject
to shorter permissible hold periods.
The Board's notice is attached.
Attachment (19 KB PDF)
2005 Banking and consumer regulatory policy
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Last update: February 17, 2005

https://www.federalreserve.gov/boarddocs/press/bcreg/2005/20050217/default.htm

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