The prices that the Eighth District will be charging for check services as of Jan. 2 are now posted on the Federal Reserve Bank of St. Louis' web site at www.stls.frb.org under Financial Services. Fee information for nationally priced services, including cash, electronic access, etc., can be found on the national Financial Services web site at www.frbservices.org. Letters announcing these changes were mailed recently to all customers. If you have any questions, contact Frank Blacharczyk at 1-800-333-0810, ext. 44-8960.
The latest online versions of the St. Louis Fed's services directories are now available in printable PDF formats, right from our web site to your printer. They can be found at www.stls.frb.org, under General Information.
As announced earlier this fall, the Federal Reserve System consolidated several operational support areas into centralized sites. As of Sept. 14, the FedACH operations support and the voice response application (EDITH®) for ACH are being handled by the Minneapolis Fed, while the operations support for Fedwire® services is being handled by the Boston Fed as of Nov. 5. Please note the new contact numbers:
The October conversion to the new Enterprise-Wide Adjustments (EWA) system in Little Rock and Memphis brought the project to a close in the Eighth District. The St. Louis and Louisville offices started using EWA last April.
June 2002 is the target month for all 45 Reserve Bank offices to be using EWA, the Fed's new software platform for check adjustments. This software standardizes and streamlines the adjustment research and resolution process, which will help us resolve cases more quickly and accurately.
EWA is one of four projects in the Check Modernization initiative, a multi-year project to redesign the Fed's check processing infrastructure for paper and electronic check services.