Fed Offers New Electronic Distribution Service

Eighth District customers can expect improved service as the St. Louis Fed prepares to implement an e-mail alert service that will electronically deliver information that District financial institutions currently receive by mail, such as announcements, regulatory materials and operating circulars.

Some of the benefits of the new service include:

• Immediate notification. As soon as a mailing is posted on our public web site, subscribers will be alerted via e-mail and be able to link directly to the information.
• No limits on who can receive information. Anyone in your organization can subscribe, and the information can be passed on electronically to others in the organization.
• Better targeted mailings. Subscribers can determine how many and what type of mailings they receive or access on the Internet.
• Ability to change subscribers or unsubscribe at any time. Individuals will be able to subscribe to this service by completing a profile form accessed through the Federal Reserve Bank of St. Louis' home page.
• The service is free.

The electronic distribution service will begin in December 2001. Customers will soon receive information that explains how the electronic distribution service will work and how to subscribe. We expect all paper mailings to cease once this new electronic notification system is fully in place which is targeted for third quarter 2002. Customers will continue to receive hard copy mailings until then. For more information, call Tracie Mueller at (314) 444-8810 or 1-800-333-0810, ext. 44-8810.