To All Depository Institutions and Others Concerned in the Second Federal Reserve District:
In a press release, the Federal Reserve Board approved a final rule that revises the Federal Reserve's discount window programs, which provide credit to help depository institutions meet temporary liquidity needs. The rule amends the Board's Regulation A, effective January 9, 2003.
The Board's statement is attached.
Questions on this matter may be directed, at this Bank, to William A. Walsh, Discount Officer.