Visit the Bank Term Funding Program page for additional information.
March 12, 2023
To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.
August 01, 2022
The Federal Reserve announces changes to loan data elements affecting in-scope institutions’ ALD collateral submissions for Discount Window and Payment System Risk purposes, including an expanded range of acceptable credit scores, a new value for interest / principal payment frequency, and additional interest rate indices.
March 14, 2022
The Federal Reserve implemented new ALD collateral requirements for in-scope institutions and updated collateral margins tables for Discount Window lending and Payment System Risk purposes effective March 14, 2022 for all institutions.
March 22, 2023
The Federal Open Market Committee has increased the target range for the federal funds rate to 4.75 to 5.00 percent.
February 01, 2023
The Federal Open Market Committee has increased the target range for the federal funds rate to 4.50 to 4.75 percent.
December 14, 2022
The Federal Open Market Committee has increased the target range for the federal funds rate to 4.25 to 4.50 percent.