Determinants of correspondent banking relationships with the Federal Reserve System

John P. Segala and Bruce J. Summers

No 79-01, Working Paper from Federal Reserve Bank of Richmond

Abstract: In addition to its central banking responsibilities, the Federal Reserve System also plays an important role in correspondent banking. The twelve Federal Reserve banks supply services, including check collection, wire transfer of funds, provision of currency and coin, and safekeeping of securities to thousands of financial institutions.

Keywords: Federal Reserve banks; Banks and banking (search for similar items in EconPapers)
Date: 1979
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.richmondfed.org/publications/research/working_papers/1979/wp_79-1.cfm (text/html)
https://www.richmondfed.org/-/media/RichmondFedOrg ... /1979/pdf/wp79-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedrwp:79-01

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().