Direct Payment Campaign Surges Forward in St. Louis

The latest phase is a three-pronged push that includes employee sign-up days, marketing efforts by individual financial institutions, and media coverage. Many St. Louis-area utility companies are participating.

Treasury Direct Investment Participants Received Highest Return

In the first quarter of this year, 13 of the 143 Eighth District Note Option participants earned about 40 percent of the total investment returns.

Fed to Unveil Financial EDI Software This Fall

The Federal Reserve will distribute, at no additional cost, new software (to be known as FEDEDI) that will allow the 12,000 Fedline® users to receive financial Electronic Data Interchange (EDI) information.

What Financial Institutions Should Know
about FEDEDI

Do Banks Hold More Vault Cash Than They Need?

St. Louis Fed Economist Donald S. Allen examines how financial institutions economize on vault currency.

Feditorial: Ducking Those Questions

William Poole, the St. Louis Fed 's new president, discusses the hazards of openly forecasting interest rates

RegionalRoundup

• Attitudes Toward ACH Payments Revealed in Study
• Comments Requested on Same-Day Settlement Rule
• Redesigned $20 Note Introduced
• St. Louis Names New Customer Service Rep
• St. Louis Fed Publishes 1997 Annual Report

Fed Facts

• New Services Directory Available
• Fed's Retail Payments Office Moves to Atlanta, Cleveland
• CDC Testing with the Fed

Please send comments or questions regarding Central Banker to
Stephen.P.Greene@stls.frb.org