Reserves Management and IntraDay & Overnight Credit Seminars
The Federal Reserve Bank of Boston will be conducting separate Reserves Management and IntraDay & Overnight Credit Seminars throughout the New England area during October and November.
2016 Seminars 
2016 Overview
This year there are two distinct sessions or seminars grouped into one day. Attendees may choose to enroll in either session, or both, as they see necessary. The seminars are designed to provide attendees with the following:
Reserves Management (8:30am – 12:00pm):
The morning session will provide information on Reserve Requirements, Reserves Management, and FR 2900 reporting. It will highlight how changes to your reserve position impact how you manage your account balance throughout the maintenance period, as well as common reporting errors related to deposits reporting. We will also provide a walk-through of the Federal Reserve application, Reserve Account Administration (RC-RAA). In particular, individuals who have not attended one of our previous seminars may find this session helpful.Federal Reserve Intra-Day and Overnight Credit (1:00pm – 3:00pm):
The afternoon session will provide an overview of Payment System Risk policy, options that can be used by institutions to monitor and manage their Federal Reserve accounts, and borrowing from the Federal Reserve through intraday credit and/or the Discount Window. It will cover the types of collateral that institutions may pledge to secure intraday and overnight credit, including information on the Borrower-In-Custody (BIC) program, which allows institutions to pledge loans while retaining the documentation on their premises.Targeted Audience:
The material is targeted to financial institution staff that have direct responsibility for, or a general interest in, funding their institution’s Federal Reserve account, establishing or understanding their net debit caps, monitoring daylight credit usage, Discount Window readiness, and/or collateral pledging. This session would also be of interest to institutions who are considering a BIC arrangement or existing BIC participants who would like to stay apprised of developments relating to the program.
There is no fee to attend either session and no limit on the number of staff that can attend.