FED – FED releases results of survey of senior financial officers at banks about their strategies & practices for managing reserve balances


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November 30, 2020

FED releases results of survey of senior financial officers at banks about their strategies & practices for managing reserve balances

For release at 10:00 a.m. EST

The FED on Monday released results of a survey of senior financial officers at banks about their strategies & practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing & behavior, bank liability management, the provision of financial services, & reserve management strategies & practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between September 18, 2020, & October 2, 2020, & includes responses from banks that held approximately three quarters of total banking system reserve balances at the time of the survey.

Information about the survey is available on the Board’s website. The September 2020 survey is attached.

For media inquiries, call 202-452-2955.

Last Update:

November 30, 2020

Source: Federal Reserves

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