Fall 2011 Reserve Account Management and Payment System Risk Seminar Fall 2011 Reserve Account Management and Payment System Risk Seminar

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These educational seminars are designed to provide attendees with (1) the principles and concepts necessary to manage their Federal Reserve accounts effectively and (2) essential information on Payment System Risk (PSR) and (3) an overview of 2900 Reporting.

Please find the agenda below,

Seminars are free to executives, managers and staff from First District depository institutions.  Seminars are free, however registration is required. Attendance is confirmed on a first-come, first-serve basis.

Who Should Attend These Seminars?

The Reserves and Account Management seminar contains information on 2900 Deposit Reporting, Reserve Requirements and Account Management. The material is targeted to financial institution staff members that have direct responsibilities for, or a general interest in, reserve requirements, deposit reporting, contractual clearing balances, and as-of adjustments. Additionally, persons who use ReserveCalc or the Internet Electronic Submission (IESUB) applications as they relate to Reserve Account management will benefit. In particular, individuals who have not attended one of our previous seminars will most benefit.

In addition, the 1-hour Payment System Risk Policy portion of the seminar is geared toward individuals who are responsible for funding their institutions' Federal Reserve accounts, establishing and approving net debit caps, and monitoring daylight credit usage.  Significant changes that were implemented in the first quarter of 2011 which changed the pricing of credit and the use of collateral for intra-day credit purposes, will be discussed.

Members of Reserve Bank staff will be on hand throughout the day to answer your questions on the material covered during the day - Internet Electronic Submission (IESUB) system, Term Deposit Facility (TDF), interest on reserves and PSR policy - current and future - or on other topics that are important to you.

We look forward to seeing you in October or November. If you have questions about the seminars, please contact Jim Freeman at (617) 973-3954 or Ashley Eaves at (617) 973- 2199. You may also call the toll-free Account Management number at (800) 526-0338.


8:30-10:15 am

Reserve Account Management

  • Reserve Requirement Calculation
  • Weekly and Quarterly Reporters
  • Gross Position and Target Balance
  • Types of Accounts – Reserve & Clearing
  • “As-Of” Adjustments – Application And Accounting
  • Interest On Reserves / EBA / Term Deposit Facility
  • Effective Reserve Account Management
10:30 am-11:45 am

Reserve Support Applications

  • Reserves Web Interface - ReserveCalc Application
  • Internet Electronic Submission (IESUB)
12:00–1:00 pm

Payment System Risk

  • Payment System Risk & Policy Changes 2011

Wrap Up