September 08, 2026
Effective today, the Federal Reserve is implementing updates to its Borrower-in-Custody loan pledging program, as announced on August 6, 2026.
3.75%
4.25%
3.75%
3.50 - 3.75%
Over 1,600 Depository Institutions have already signed-up to use Discount Window Direct -- the quick and easy online way for eligible institutions to utilize the Discount Window
September 08, 2026
Effective today, the Federal Reserve is implementing updates to its Borrower-in-Custody loan pledging program, as announced on August 6, 2026.
August 06, 2026
The Federal Reserve is updating the Borrower in Custody (BIC) loan pledging program to make participation easier. Changes will launch in September.
July 01, 2025
The Federal Reserve is implementing updated collateral margins tables for Discount Window lending and Payment System Risk purposes, effective July 1, 2025.
July 19, 2024
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July 29, 2026
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent.
June 17, 2026
The Federal Open Market Committee decided to maintain the target federal funds rate at 3.50 to 3.75 percent.
April 29, 2026
The Federal Open Market Committee decided to maintain the target federal funds rate at 3.50 to 3.75 percent.