Board Approves Restructuring of the Check Processing Operations in the First and Third Districts
July 16, 2008
Circular No. 11971

The Federal Reserve Board has approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve's check processing operations in the First and Third Districts. Appendix A provides a routing number guide that helps depository institutions determine the maximum permissible hold periods for most deposited checks.

To ensure that the information in Appendix A accurately describes the structure of check processing operations within the Federal Reserve System, the final rule deletes the reference in Appendix A to the Windsor Locks office of the Federal Reserve Bank of Boston and reassigns the routing numbers listed thereunder to the Federal Reserve Bank of Philadelphia.

To coincide with the effective date of the underlying check processing changes, the amendments are effective September 20, 2008.

See the press release for full details.

Press release offsite