[bypass navigation]
The Federal Reserve Bank of St. Louis
[About the Fed] [Banking Information] [Community Development] [Consumer Information] [Economic Research] [Education Resources] [News and Events] [Publications] [Financial Services]  

Table of Contents

Later ACH Deadline Can Save You Money

New $50 Bill to Fight Counterfeits

Partnership's Direct Deposit Campaign to Kick Off Oct. 31

Welcome Eighth District Partners

ECP: Getting the Facts Straight

ReserveNotes

Financial Page

Report Helps You Track ACH Volume

How are we doing?

It's On Us

District Converts to Central Check Processing System


During the next couple of months, the Little Rock, Louisville and Memphis Branches will centralize their check processing systems and convert to software located on the central mainframe computer in St. Louis.

The conversion will provide the Eighth District with a common hardware and software platform for all check processing services. This new platform, called the Check Processing Control System (CPCS), was developed by IBM and is a state-of-the-art check processing operating system, one of the most widely used in the banking industry.

Because we will have only one processing system to support, the delivery of new products and enhancements will be quicker and more consistent. Specific conversion dates at each office begin as follows:

    • Memphis -- Oct. 6
    • Little Rock -- Nov. 3
    • Louisville -- Nov. 24.

Once all offices convert to CPCS, we will be able to expand our electronic check presentment and electronic cash letter services District-wide.

Items such as cash letters, kill lists and advices will be modified and look slightly different in the centralized format; however, no changes are required of our customers. If you have any questions, contact your account executive.