Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW, Washington, DC 20551. Text over image of eagle and building The Federal Reserve, the central bank of the United States, was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Text over image of Board seal.

Breaking News

*  Written agreement with County Bank

*  Speech by Vice Chairman Ferguson on the equilibrium real interest rate

*  Consumer guides published regarding Check 21 and check-processing technology

*  Beige Book

*  Request for comment on proposed retail credit risk guidance

*  Federal Reserve Bank chairmen and deputy chairmen appointed for 2005

Statistical Releases

Flow of Funds - Z.1

Industrial Production - G.17

Consumer Credit - G.19

All Statistical Releases


Last Update: October 29, 2004

Features

Consumer Guide to Check 21 and Substitute Checks

What You Should Know about Your Checks

Protecting Yourself from Overdraft and Bounced-Check Fees
Explains courtesy overdraft-protection, or bounce coverage, plans, and the costs involved

Check 21
Frequently asked questions about Check Clearing for the 21st Century Act

Image of a man holding a flashlight
Chairman's Financial Education Initiative (on the Federal Reserve Education web site)

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