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7/25/24, 11:24 AM

FRB: Press Release--Restructuring of Federal Reserve check-processing operations in the Twelfth District--August 9, 2005

Release Date: August 9, 2005

For immediate release
The Federal Reserve Board on Monday announced amendments to Appendix A of
Regulation CC that reflect the restructuring of the Federal Reserve's check processing
operations in the Twelfth District. 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 October 22, 2005, the
Portland branch office of the Federal Reserve Bank of San Francisco no longer will process
checks, and banks currently served by that office will be reassigned to the Seattle branch
office of the Federal Reserve Bank of San Francisco. To ensure that the information in
Appendix A accurately describes the structure of check processing operations within the
Federal Reserve System, the final rule deletes the reference in Appendix A to the San
Francisco Reserve Bank's Portland branch office and reassigns the routing numbers listed
thereunder to the Reserve Bank's Seattle branch office. To coincide with the effective date of
the underlying check processing changes, the amendments are effective October 22, 2005.
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 (34 KB PDF)
2005 Banking and consumer regulatory policy
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Last update: August 9, 2005

https://www.federalreserve.gov/boarddocs/press/bcreg/2005/20050809/default.htm

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