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

2014-07-23: 199 Millions of Dollars (+ see more) 
Weekly, As of Wednesday, Not Seasonally Adjusted, WLCFLSECL, Updated: 2014-07-24 3:57 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

Release: H.4.1 Factors Affecting Reserve Balances

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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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