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Friday, July 1, 2005

New End-of-Day Accounting Statements Are Available

A new comma delimited end-of-day statement file became available in April. This new statement file is available via the Account Management Information (AMI) system and allows financial institutions to download end-of-day statements in spreadsheet software such as Microsoft Excel. In addition, statement activity is available for five business days and includes detailed information on posted transactions, including Fedwire® Funds and Fedwire Securities.

Also referred to as FIRD Plus, the new spreadsheet file is useful during balancing and posting activities and may be especially helpful for small to mid-size institutions that do not have automated reconcilement processes in place. For more information on the new end-of-day statement file or other online accounting services, please contact your local account executive.

U.S. Mint Announces Its First 24-Karat Gold Coin

The U.S. Mint has announced that it will begin manufacturing 24-karat (99.99% fineness) gold bullion coins. The new coins won't enter into general circulation, but will be sold to investors and collectors.

The U.S. Treasury has not announced any specific designs, denominations or quantities. After a public comment period, the Treasury will release those details later this year.

Federal Reserve Offers Free Online Seminars for FedLine Advantage

FedLine Advantage® is the Federal Reserve's newest access method. Your financial institution can prepare for its upcoming conversion to FedLine Advantage by taking one of the Fed's free online seminars. Two seminars are available 24 hours a day, seven days a week:

  • Full: a 50-minute interactive web-based seminar; and
  • Basic: a condensed 15-minute version of the full online seminar.

The online seminars will be available through the end of the FedLine Advantage conversion process. More information and a link to the online registration forms can be found on the Bank's web site,

"Fedfocus," "FedLine," "FedLine Advantage" and "FedWire" are either registered or unregistered trademarks or service marks of the Federal Reserve Banks. A complete list of marks owned by the Federal Reserve Banks is available on