Geared to a Main Street audience, this e-newsletter will provide a sampling of the latest speeches, research, podcasts, videos, lesson plans and much more. Sign up now to have this emailed to you monthly at no charge.View Publication
The Federal Reserve offers Seasonal Credit to qualifying community banks to help them meet the seasonal needs of their local customers. Community financial institutions that experience yearly fluctuations in their deposits and loans—caused by construction, farming, college or resort activities, municipal financing and other seasonal businesses—frequently can qualify.
To qualify, a financial institution must:
All Federal Reserve loans must be secured to our satisfaction. We apply a flexible, market-based rate to all outstanding loans. A more detailed list and description of our program is available on request.
Seasonal Credit is another way financial institutions can meet their communities' peak seasonal funding requirements. For an application and a brochure that tells more about the program, or to obtain answers to any questions you may have about collateral or the borrowing relationship, please contact anyone in our Credit office. You may contact us by calling either 1-800-333-0810, extensions 4-8316, 4-8769 or 4-8622, or (314) 444-8316, 444-8769 or 444-8622.
Keep up with what’s new and noteworthy at the St. Louis Fed. Sign up now to have this free monthly e-newsletter emailed to you.
Fed in Print: An index of the economic research conducted by the Fed.