FedACH Consolidation
As announced in a letter dated Aug. 21, all FedACH™ operations support and the voice response application (EDITH) for ACH were consolidated on Sept. 14 to a central location. The chart below provides details.

The Federal Reserve Bank of St. Louis' ACH staff has enjoyed serving all of its customers in the Eighth District. We are confident that you can continue to count on receiving quality support from the FedACH Central Operations Support and the FedPhone system. The Minneapolis Fed has served as the central site for ACH operations since 1996, and its staff members possess a great deal of technical knowledge.

If you have questions or concerns about these changes, contact Cheryl Whitworth in St. Louis at (314) 444-8612 or 1-800-333-0861 (press 3).

FedACH Price Changes
In a letter dated Aug. 31, the Federal Reserve announced changes to its FedACH fee schedule. The revised schedule, which became effective Oct. 1, includes changes to certain variable and fixed fees and the addition of a fee for FedACH settlement. The following is a summary of FedACH price changes:

• Half-mil ($.0005) decrease in the per-item origination fee for items deposited in large files;
• Two mil ($.0020) decrease in the per-item receipt fee for all items;
• Single, standard input file processing fee of $5, which represents a decrease of $1.75 for large volume files and an increase of $3.25 for small volume files; and
• New $20 per month fee for FedACH settlement.

The following is a summary of the fees that changed on Oct. 1. The fee for items originated in small files remains at $.0055, and the fee for account servicing remains at $25.

Service	Fee through 9/30/01		Fee effective 10/1/01
Items originated in large files	$.0045		$.0040
Items received	$.0070		$.0050
Input file processing, small file	$l.75		$5
Input file processing, large file	$6.75		$5
FedACH settlement	NA		$20

If you have questions about these FedACH price changes, please contact your local account executive or refer to the FedACH section of our national web site, www.frbservices.org.