# Factors Supplying Reserve Balances - Loans to Depository Institutions - Seasonal Credit

2015-03-25: 13 Millions of Dollars (+ see more)
Weekly, As of Wednesday, Not Seasonally Adjusted, WLCFLSECL, Updated: 2015-03-27 6:32 AM CDT
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Seasonal credit is a lending program designed to assist small depository institutions in managing significant seasonal swings in their loans and deposits. Seasonal credit is available to depository institutions that can demonstrate a clear pattern of recurring intra-yearly swings in funding needs. Eligible institutions are usually located in agricultural or tourist areas. The interest rate applied to seasonal credit is a floating rate based on market rates.

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(a) Factors Supplying Reserve Balances - Loans to Depository Institutions - Seasonal Credit, Millions of Dollars, Not Seasonally Adjusted (WLCFLSECL)
Seasonal credit is a lending program designed to assist small depository institutions in managing significant seasonal swings in their loans and deposits. Seasonal credit is available to depository institutions that can demonstrate a clear pattern of recurring intra-yearly swings in funding needs. Eligible institutions are usually located in agricultural or tourist areas. The interest rate applied to seasonal credit is a floating rate based on market rates.

Factors Supplying Reserve Balances - Loans to Depository Institutions - Seasonal Credit

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``` Board of Governors of the Federal Reserve System (US), Factors Supplying Reserve Balances - Loans to Depository Institutions - Seasonal Credit [WLCFLSECL], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/WLCFLSECL/, April 2, 2015. ```

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