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.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
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.