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Reserve Bank Credit - Loans to Depository Institutions - Seasonal Credit

2015-07-29: 0.196 Billions of Dollars  
Weekly, Ending Wednesday, Not Seasonally Adjusted, WSB, Updated: 2015-07-30 3:46 PM 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.

Source: Board of Governors of the Federal Reserve System (US)

Release: H.4.1 Factors Affecting Reserve Balances

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(a) Reserve Bank Credit - Loans to Depository Institutions - Seasonal Credit, Billions of Dollars, Not Seasonally Adjusted (WSB)
 
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Suggested Citation
Board of Governors of the Federal Reserve System (US), Reserve Bank Credit - Loans to Depository Institutions - Seasonal Credit [WSB], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/WSB/, August 2, 2015.





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