The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Session Description The Discount Window division of the Federal Reserve Bank of New York will host a two hour conference on January 6th and January 7th 2003 to provide practical information on the new revisions to Discount Window programs. The seminar will cover the amendment to Regulation A which replaces adjustment credit and extended credit programs with new discount window programs called primary credit and secondary credit. Representatives of the Discount Window will describe in detail the background for the changes and eligibility requirements as well as practical operational aspects of the new credit programs.