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ReserveNotes

Newsletters and Web Sites Offer
Year 2000 Information

Throughout the last year and a half, the Federal Reserve has sent out newsletters and bulletins with detailed information on the impact of the century date change (CDC).

The newsletters feature general CDC information and suggestions on managing Year 2000 projects; the bulletins contain critical information specifically for financial institutions that electronically access Fed services through FedLine® software, Bulkdata or a Computer Interface link.

For newsletters and bulletins, as well as other related information, please contact Jeff Dale in St. Louis at (314) 444-8400.

Two other web sites contain Year 2000 supervisory information for financial institutions. You can find the Federal Reserve Board of Governors at www.federalreserve.gov/y2k.

The Federal Financial Institutions Examination Council also has information at www.ffiec.gov/y2k/guidance.htm.

If you have any questions about the Fed's CDC project or Year 2000 supervisory activities, please contact Jeff Dale or your account executive.

Remember Fed Testing for Century Date Change

To make sure your electronic connection with the Fed is ready for the Year 2000, we are offering testing with many applications, including ACH, check, book-entry and funds transfer. In June, we completed testing the internal systems that customers use, and we now are prepared to distribute and receive century date change test files. Using your FedLine or Computer Interface connection, you can test on specified weekdays and weekends (Century Date Change Bulletin No. 3 published a schedule for each Fed service, which bulletins 4 and 5 updated). We strongly encourage your financial institution to test applications with us. To set up a time, please send in a Test Request form (distributed with Century Date Change Bulletin No. 4). If you need assistance filling out this form or have other testing questions, contact the FedLine Help Desk at 1-800-333-0861 and press 1 to speak with an Electronic Access Support representative.