The Federal Reserve
Discount Window | Payment System Risk
    • General Information

      The Discount Window

      Discount Window Setup

      Frequently Asked Questions

      Primary and Secondary Credit Programs

      Seasonal Credit Program

      Historical Programs

    • Guidelines

      Operating Circular 1: Account Relationships (FRB Services)

      Operating Circular 10: Lending (FRB Services)

      The Federal Reserve Act (federalreserve.gov)

    • Agreements

      OC-10 Agreements

    • Discount Rates

      Discount Rates

    • Collateral

      Collateral Eligibility

      Collateral Valuation

      Pledging Collateral

    • Payment System Risk

      Payment System Risk

    • Select Your District

      Atlanta (6th District)

      Boston (1st District)

      Chicago (7th District)

      Cleveland (4th District)

      Dallas (11th District)

      Kansas City (10th District)

      Minneapolis (9th District)

      New York (2nd District)

      Philadelphia (3rd District)

      Richmond (5th District)

      San Francisco (12th District)

      St. Louis (8th District)

      Federal Reserve Board

    • The Discount Window
    • Discount Window Setup
    • Frequently Asked Questions
    • Primary and Secondary Credit Programs
    • Seasonal Credit Program
    • Historical Programs
    • Operating Circular 1: Account Relationships (FRB Services)
    • Operating Circular 10: Lending (FRB Services)
    • The Federal Reserve Act (federalreserve.gov)
    • OC-10 Agreements
    • Discount Rates
    • Collateral Eligibility
    • Collateral Valuation
    • Pledging Collateral
    • Payment System Risk
    • Atlanta (6th District)
    • Boston (1st District)
    • Chicago (7th District)
    • Cleveland (4th District)
    • Dallas (11th District)
    • Kansas City (10th District)
    • Minneapolis (9th District)
    • New York (2nd District)
    • Philadelphia (3rd District)
    • Richmond (5th District)
    • San Francisco (12th District)
    • St. Louis (8th District)
    • Federal Reserve Board

    Federal Reserve Websites

    The Federal Reserve Board
    The Federal Reserve Online


    1st District:
    The Federal Reserve Bank of Boston
    2nd District:
    The Federal Reserve Bank of New York
    3rd District:
    The Federal Reserve Bank of Philadelphia
    4th District:
    The Federal Reserve Bank of Cleveland
    5th District:
    The Federal Reserve Bank of Richmond
    6th District:
    The Federal Reserve Bank of Atlanta
    7th District:
    The Federal Reserve Bank of Chicago
    8th District:
    The Federal Reserve Bank of St. Louis
    9th District:
    The Federal Reserve Bank of Minneapolis
    10th District:
    The Federal Reserve Bank of Kansas City
    11th District:
    The Federal Reserve Bank of Dallas
    12th District:
    The Federal Reserve Bank of San Francisco

    Atlanta (6th District)

    Boston (1st District)

    Chicago (7th District)

    Cleveland (4th District)

    Dallas (11th District)

    Kansas City (10th District)

    Minneapolis (9th District)

    New York (2nd District)

    Philadelphia (3rd District)

    Richmond (5th District)

    San Francisco (12th District)

    St. Louis (8th District)

    Federal Reserve Board

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