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Reserve Bank Credit: Loans to Depository Institutions: Seasonal Credit (WSB)

Observation:

2016-11-30: 0.030  
Updated: Dec 1, 2016

Units:

Billions of Dollars,
Not Seasonally Adjusted

Frequency:

Weekly,
Ending Wednesday
1Y | 5Y | 10Y | Max
  EDIT LINE 1
(a) Reserve Bank Credit: Loans to Depository Institutions: Seasonal Credit, Billions of Dollars, Not Seasonally Adjusted (WSB)
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.

Reserve Bank Credit: Loans to Depository Institutions: Seasonal Credit

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NOTES

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

Release: H.4.1 Factors Affecting Reserve Balances  

Notes:

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.

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://fred.stlouisfed.org/series/WSB, December 3, 2016.

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