The St. Louis Fed recently published its 2004 holiday calendar. Christmas Day was not included in the schedule because it falls on a Saturday. For holidays falling on a Saturday, Federal Reserve banks and branches will be open the preceding Friday; however, the Board of Governors will be closed. You may access the St. Louis Fed's 2004 legal holiday schedule and the Board of Governors' holiday schedule through 2008 at www.stlouisfed.org/about-us/resources/legal-holiday-schedule.
In response to great change within the market and the passage of Check 21, the prices for the Federal Reserve's financial services have evolved. The Fed's sustained focus on efficiency has allowed us to either maintain or reduce electronic access and electronic payments processing fees for 2004. Paper check prices, however, will increase by an average of 5 percent, and electronic check prices will rise by less than 1 percent.
Beginning this year, the Federal Reserve no longer accepts paper copies of reports from bank holding companies. Therefore, the FR Y-9SP (Parent Company Only Financial Statements for Small Bank Holding Companies) and FR Y-9ES (Financial Statements for Employee Stock Ownership Plan Bank Holding Companies) reports, as of Dec. 31, must be submitted electronically. If you have never submitted a report electronically, you may view the information on electronic reporting at www.frbservices.org/centralbank/index.html or contact Matt Horenkamp at (314) 444-4640, or 1-800-333-0810, ext. 44-4640.
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